entrepreneurship development (part ii)

Khundongbam Lamnganba Singh

Proprietor: Edusender and Langei Property

www.facebook.com/kh.nganbawww.edusender.com

ENTREPRENEURSHIP DEVELOPMENT [ PART- 2 ]

1. START ENTREPRENEURIAL JOURNEY

Understand Risk and Reward

1. START ENTREPRENEURIAL JOURNEY

Business IDEA

+

Business Skill

1. START ENTREPRENEURIAL JOURNEY

80:20 [80% mindset 20% Strategy]

1. START ENTREPRENEURIAL JOURNEY

Risk Minimization

[ SWOT Analysis ]

1. START ENTREPRENEURIAL JOURNEY

Resource- input

&

Leverage- Output

1. START ENTREPRENEURIAL JOURNEY

Leadership

2. BUSINESS PLANNING

Start Business Ethically

[make meaning , make mantra]

2. BUSINESS PLANNING

Legal Procedures

2. BUSINESS PLANNING

Initial Project-cost estimation

[ EM-part 2 ]

2. BUSINESS PLANNING

Control PLC

2. BUSINESS PLANNING

Business sustainability planning

3.SUPPORT SYSTEMS AND INCENTIVE

Schemes:• MIP (Manipur Industrial Policy): 2002

• NEIIPP (North East industrial Investment Policy Program): 2007

• And more.

3.SUPPORT SYSTEMS AND INCENTIVE

Financial Institutes [ NETFI, NABARD, SIDBI and more ]

3.SUPPORT SYSTEMS AND INCENTIVE

Non- Financial Institutes[ SBI, UBI, IDBI, PNB, State Banks and more ]

3.SUPPORT SYSTEMS AND INCENTIVE

Manage Cash flow[ personal + Business ]

4. MANAGEMENT- P

Keep the Quality Standards

[ISO 9001, NABOI, and more]

4. MANAGEMENT- P

Manpower analysis

[use MID Rules]

4. MANAGEMENT- P

Manage Time

[use 80:20 Rules]

5. MANAGEMENT -B

Prepare sales support tools

5. MANAGEMENT -B

Give - Test-Drive First

5. MANAGEMENT -B

Convert Prospect into Lead

5. MANAGEMENT -B

Manage CRM effectively

5. MANAGEMENT -B

Motivate Staffs regularly

6. MANAGEMENT-F

Costing, Pricing

&

Profit Making

6. MANAGEMENT-F

Understand

WC – FC - BEP

Tel: 9774024560

Email: lamnganba@edusender.com

( END PART 2 )

THANK YOU