entrepreneurship as a community development strategy

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Entrepreneurship As a Community Development Strategy

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Page 1: Entrepreneurship As a Community Development Strategy

Entrepreneurship

As a Community

Development

Strategy

Page 2: Entrepreneurship As a Community Development Strategy

Entrepreneurs

hip ?

Page 3: Entrepreneurship As a Community Development Strategy

“Most of what you hear about entrepreneurship is all wrong. It’s not magic; it’s not mysterious; and it has nothing to do with genes. It’s a discipline and, like any discipline, it can be learned.”

Peter F. Drucker

Page 4: Entrepreneurship As a Community Development Strategy

“A person who creates and grows an enterprise from scratch”

Entrepreneurs use innovation to exploit or create change and opportunity for

the purpose of making profit.

Entrepreneur who starts the business from scratch. for example, initiating the plan ,

materializing and implementing and also creating brand for his products and services.

In simple words entrepreneur who run the business in a unique form

It reminds that focus is the person, not the venture itself.

“A business owner works ‘in’ the business while

an entrepreneur works ‘on’ the business.”

Page 5: Entrepreneurship As a Community Development Strategy

Ingredients of the entrepreneurial spirit

Creativity

Innovation

Motivation

Capacity

(Creativity is characterized by originality, expressiveness, and imagination)

Entrepreneurship five capacities

Ability to perceive opportunities.

Ability to access and manage risks.

Ability to build a team.

Ability to mobilize resources.

Ability to sustain creativity.

Page 6: Entrepreneurship As a Community Development Strategy

Serial Entrepreneurs

Opportunity Entrepreneurs

Necessity Entrepreneurs

Social Entrepreneurs

Page 7: Entrepreneurship As a Community Development Strategy

There are three main types of entrepreneurial talent

Potential

(those who may become entrepreneurs)

Existing business owners

(some of whom may be entrepreneurs)

Entrepreneurs

(including those with growth and even

high growth potential).

Page 8: Entrepreneurship As a Community Development Strategy

Early in the venture creation process

Motivated toward making a life change

Researching and developing business idea

Crossed the bridge and made decision to start business

Gave thought to the business model, although there may

still be some gaps

Some have formal business plan, although most do not

Entrepreneurship training and business counselling programs

Networking & Mentoring

Aspiring and start-up entrepreneurs needs moral support, networking and

mentoring, business counselling, and entrepreneurship training.

Page 9: Entrepreneurship As a Community Development Strategy

Have successful ventures but often do not

have the motivation or capacity to grow

Need support services as start-up

entrepreneurs:

• Networking opportunities

• Training to build their skill sets

• One-on-one assistance

•Developing e-commerce tools

• Tapping new markets

Page 10: Entrepreneurship As a Community Development Strategy

Entrepreneurs - Growth

Customized assistance

Higher order assistance

Networking

Expanding/strengthening the management team

Entrepreneurs – serial

Potential – youth

Civic entrepreneurship

Networking and mentoring 

Entrepreneurial training and experience

Page 11: Entrepreneurship As a Community Development Strategy

Bill Gates

Microsoft

Larry Page and Sergey Brin

Google

Ted Turner

Turner Broadcasting( CNN)

Sam Walton

Walmart

Steve Wozniak

Apple Computers

Page 12: Entrepreneurship As a Community Development Strategy

Prof, Dr. Ch. Abdul Rehman

Superior Group of Colleges

Mian Amir Mehmood

Punjab group of colleges

Mian Mansha Nishat Group of industries

Malik Riaz

Behria Town

Ahmad Nawaz Chattha

Gourmet Bakers

Mr. Munir Bhatti Mr.Denim

Page 13: Entrepreneurship As a Community Development Strategy

Create programs and resources that benefit our

communities and our lives

Need skills in planning their enterprise,

marketing their product or service, earning

revenues or obtaining funding to keep the

organization financially solvent, and

creating value.

Page 14: Entrepreneurship As a Community Development Strategy

Abdual Sattar Edhi Edhi Foundation

Imran Khan Shoukat Khanam Cancer Hospital

Zafar Roshaneh Kashf Foundation

Akhtar Hameed Khan Founder of grassroots movement

Siddiqui Tasneem A. Homelessness and Housing for rural communities

Yacoobi Sakena Afghan Institute of Learning Etc…..

Page 15: Entrepreneurship As a Community Development Strategy

There is no single set of actions that a community

should adopt to become entrepreneur-friendly.

There are three levels of support.

Basic Support

Advanced Support

High Performing Support

Page 16: Entrepreneurship As a Community Development Strategy

Investment

Leaders should......

Address any issues related to creating a positive

entrepreneurial climate

Take stock of current access to appropriate business

services

Create a focus on entrepreneurs, both business and civic

Provide regular opportunities for networking and mentoring

Page 17: Entrepreneurship As a Community Development Strategy

Leaders providing advanced support typically:

Link closely to the regional Small Business Development Centre office

Ensure that an entrepreneur has access to appropriate financial capital beyond that

provided by local banking institutions

Implement programs that increase local entrepreneurs’ awareness of and access to

new markets

Encourage programming that introduces youth to entrepreneurship

Page 18: Entrepreneurship As a Community Development Strategy

To be a high-performing community entrepreneurs requires

considerable community commitment and investment.

High performing communities are characterized by:

Using strategies that offer customized help to the full

range of local entrepreneurs.

Building on current financing resources by creating

area-based “angel” investment networks

Integrating entrepreneurial opportunities into the core

curricula of educational systems

High-capacity organizations dedicated to supporting

entrepreneurs.

Page 19: Entrepreneurship As a Community Development Strategy

The desire to start business extends across racial & ethnic

lines.

Communities should be aware of the high propensity of

minorities, especially recent immigrants, to start new

businesses.

Leaders understand and serve their minority entrepreneurs.

Building broad networks is important to success.

Page 20: Entrepreneurship As a Community Development Strategy

If there is little current support for entrepreneurs in community, they can start the

ball rolling by forming a team of leaders and interested citizens to lead the

entrepreneurial effort.

Once the team has come together, one of its first actions would be to examine what

the community is currently doing to foster entrepreneurship.

identification of entrepreneurial talent.

Focus on the type of entrepreneurial talent, plan visits to each and every

entrepreneur on your list.

Assets assessment.

Take action! By Keeping in mind that entrepreneurs need better networks, not

simply more programs

Page 21: Entrepreneurship As a Community Development Strategy

Communities recognizing – “entrepreneurship as a strategy of community development.

Communities – flexible & responsive to meet varying needs of entrepreneurs.

All entrepreneurs take benefits from networking and mentoring opportunities.

Basic support provides a positive climate and infrastructure.

Advanced support provides training, capital and access to new markets.

Finally, the highest order of support promotes customized assistance, “angel” investment

networks, and entrepreneurial curricula in local schools.

Page 22: Entrepreneurship As a Community Development Strategy

A large number of International NGOs are working in Pakistan for its betterment.

Few of them are listed below:

UNESCO

UNICEF

Swiss Red Cross

Konrad Adenauer Foundation

John D. and Catherine T. MacArthur Foundation

Japan International Labour Foundation

International Sustainable Development

Jay Salik Save Pakistan Foundation

Japan International Labour Foundation

Page 23: Entrepreneurship As a Community Development Strategy

More than 100 NGOs working in Pakistan in different fields.

The prominent ones are given below:

Community Uplift Program – CUP (Agriculture) 

Faran Education Society – FES (Business)

Child Care Foundation – CCF (Children)

Association for Social Development – ASD (Development)

Aahung (Education)

Anjuman Falah-e-Insaniat – AFI (Environment)

Azad Foundation (Health)

Edhi Foundation (Human Rights)

Page 24: Entrepreneurship As a Community Development Strategy

1. Formulate Policy

2. Business Development Services

3. Development and strengthening of SME representatives

4. Set up and manage a service provider database

5. Conducting sector studies and analysis

6. Securing financing.

7. Conducting and facilitating seminars and Trainings

8. Donor assistances

9. Assisting in getting international certifications

10. Identification of service opportunities

11. Cluster development

Page 25: Entrepreneurship As a Community Development Strategy

Gulalai Ismail (age 24) is working with a vision of Girls awareness.

“I became an entrepreneur because I cannot accept the deeply rooted

gender inequalities, and I do not want to be part of the injustices! I

want to change the world for myself and other young women”.

Khalida Brohi (age 21) a young social entrepreneur fighting Honor

Killings in Pakistan (Youth and Gender Development Program).

Jamil Anwer (age 29) working on Cultural Classics. ( beautiful

handmade crafts through precision, creativity and hard work)

Noor Muhammad (age 26) (Pamir Times & Pamir Media Services to

promote the mountainous society in the Gilgit - Baltistan region of

Pakistan.

Page 26: Entrepreneurship As a Community Development Strategy

Rana Bilal Ahmed (age 29) (Youth Alliance for Human Rights,

awareness creation regarding physical health and disease)

Shamila Kiyani (age 28), “Tele-healthcare”, which is being

implemented at UM-Healthcare Trust in rural Mardan. The aim of this

project is provide affordable and accessible healthcare to

underserved community in rural Pakistan. (Jharoka)

Zeeshan Shoki (PAK Education Society).

Founder and Chief Executive of PAK Education Society (PES)/ Pakistan

Development Network (PDN). PES/PDN is a social enterprise exploring

innovative approaches to resolve various social issues by focusing

on  education, health,ICT, Youth and economic development.

Page 27: Entrepreneurship As a Community Development Strategy

NOW IT’S YOUR TURN

But Remember“Nothing dies faster than a new idea in a

closed mind”

Page 28: Entrepreneurship As a Community Development Strategy