entrepreneurship development (part ii)
DESCRIPTION
TRANSCRIPT
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
