Introduction
Entrepreneur is a person who organizes
and operates a business, taking on greater than normal financial risks in order
to do so. While entrepreneurship is the capacity and willingness to develop,
organize and manage a business venture along with any of its risk in order to
make a profit. Entrepreneurship is essential in order to become a successful
entrepreneur. Entrepreneurship consists of highly confidence, able to use
influenceable strategies, able to grab opportunities, self iniciative and many
more. The value must be owned by an entrepreneur to make sure that the
operation of the company are running well to make sure that they gain profit.
Other than that, in terms of managements thought, entrepreneurship refers to
management science and decision making process.
1)
Versality
Definition
An entrepreneur who is versatile opens door to various
opportunities than those who aren’t. Versatility can also be considered is
terms of learning about cultures and its languages in order to communicate with
customers as it can build a strong business relation with clients. Additionally
obtaining information on a regular basis obtaining information about the
business industry in order to be more competitive than other businesses is an
important characteristic.
Entrepreneur
Profile
Datuk Wan Mohammad Sani Salleh, age 33 years , Pengarah
Urusan Sani United Sdn.Bhd ( Sani Express Sdn.Bhd , Sani Properties Sdn Bhd and
Sani Hotel Sdn Bhd)
Description
Who would have thought starting a career
as a singer has become an express bus operatos indigenous successful. Datuk Wan
Mohammad Sani has gained wide recognition among others was announced by trade
and Operators Association Malaysia (Perdasama) as young entrepreneurs. History
of invilment in the business world begins to dream of his since the adolescent
wants to be a businessman. Sparked the idea for a network of express bus after
regular commute from Kuala Lumpur to Terengganu. He bravely took up the
challenge with enthusiasm and determination to show the challenges in the areas
of intense competition and the risk is high enough.
In developing the Sani Express to the
level he did not flee until tested with challenges. However, Sani Express red
and white are synonymous committed in providing express bus service ‘ as
preferred choice’ has added a new route to the north- luan homeland covering
Butterworth, Sungai Petani, Alor Setar, Jitra, Cangloon, Kangar, and Kuala
Lumpur.
Sani Express principle are strategic
thinking and passionate execution, and Sani Express maxims are to achieve
measurable results and exercise prudence when we conduct business. Sani Express
is now pioneering a new route to the South of the country. This is due to high
demand and positive feedback from Sani Express customers who are satisfied Sani
Express are equipped with Global Positioning System (GPS ) and DAX are able to monitor and
record data speeds and driving warning system if the driver is driving over the
speed limit permitted. This situation also shows that The Sani Express priority
is taking the opportunity when they to open route to new destination to fuel
fill the needs of the local people.
2)
Ability to Learn From Mistake
Definition
Mistake in business is one of the most feared factors
that discourage individuals from starting a business.
Entrepreneur
Profile
Datuk Yusuf Taiyoob , Managing Director Yusuf Taiyoob Sdn
Bhd.
Description
Going down the road that made him into
successful businessman Yusuf recounted his venture into the business world
shorting after completing high school. He decided to start his own business
because he didn’t like working for other people and preferred to be his own
boss. A greenhorn in business he was aware that there were many challenges
ahead. However, his unwavering determination and family encouragement made him
adamant in learning the ropes.
Being 30 years in the dry food industry
has taught him to become patient and learn from his previous mistakes as his
perfume’s business at the age of 21. After that, he try various types of
business such as supplying Safron’s products. He then tried to search new style
in business even though he realized that there were many obstacle waiting for
him.
He started his date business in 1990, he
has his regular customers other than giving affordable prices and good quality
products. According to himself, one self must aware of their ability to compete
in business world which has many challenges. With this, the business will be in
good condition and have good perception among their customers. His mistakes of
choosing the wrong path and strategies in his earlier business has taught him
to become stronger to build up his own name in this industry.
3) Perceptiveness
Definition
Perceptiveness refers to the ability of having or showing
keenness of insight, understanding or intuition. It also refer to the ability
of having the power or faculty of perceiving.
Example
Jessica Alba, The founder of The Honest Company
Description
Being frustrated by her own struggle to
find personal care and baby products free of certain chemicals and disillusioned
by the less-than-transparent disclosures of many category leaders, Alba teamed
up 2 years ago with environment scientist, Christopher Gavigan (former CEO of
Healthy child Healthy World) with the goals to create formulations that herself
would be willing to buy for her family. Force to find an alternative, she was
amazed and annoyed by the difficulty of her search. She faithfully bought items
marketed such as natural and greener products.
When it comes to families with young
children, The Honest Co. wants to be that brand which sell everything from
diapers to its new line of oral care products. One of the company’s mantras is
making it simple for parents to buy their stuff so it created a membership
model to get around the retail distribution faced by smaller start up.
This shows that Alba is perceptiveness
when she became very understanding over parents who wants the best for their
children in terms of health and she is aware that every babies is expose to
danger if they use unhealthy products. So she takes the opportunity to invent
and create new products for both the babies with good quality. She also being
understanding that nowadays that people are keen to have good products with
affordable price that she created membership model for her regular customers.
She has the examples of being a good entrepreneur by contributing to the
society through her good ideas.
4) Integrity and Reliability
Definition
Integrity refers to the quality of being honest and
having strong moral principles. It also refers to the state of being whole and
undivided.
Entrepreneur
Profile
Tan Sri Syed Mokhtar Al-Bukhari, founder of Yayasan
Al-Bukhari, owned numerous business locally and internationally.
Description
Tan Sri
Syed Mokhtar Al-Bukhari is the richest Bumiputera corporate figure in Malaysia
with his involvement in diversified business areas which include transportation
and logistics, plantations, property development, defend as well as engineering
and power generation. He has finished his form 5 but he never been to
university. A whole of his knowledge and experienced was gained through his own
entrepreneurship experience during his youth time.
He also provides scholarship to the
children to further their studies. This show his moral principles in helping
his people. He also being undivided when he helps people. He helps many people
without judging them. This is the moral value that should be practiced by many
entrepreneurs in our country.
Tan Sri Mokhtar Al-Bukhary is a person
with high moral principles. He opened the Yayasan Al-Bukhary to help the
children in their education in our country. He use the finance from the Yayasan
to organized tuition in schools everywhere in Malaysia. He shows his carringness
through his action in helping the children of our society.
5) Initiative
Definition
Initiative is the ability to assess and initiate things
independently. It also the power or opportunity to act or take charge before
others do as well as an act or strategy intended to resolve a difficulty or
improve a situation; a fresh approach to something.
Entrepreneur
profile
Tan Sri Anthony Francis Fernandes,
Owner of AirAsia
Company
Description
Tan Sri Anthony was born on 30th April
1964 in Kuala Lumpur. He worked as an auditor with Virgin Atlantic. His passion
in music has made him the youngest manager in at Urusan Warner Muzik (Malaysia)
Sdn. Bhd. Until today, he has made his own achievement in his airlines
transportation business.
When he want to starts his first
business which is the economic airlines in Malaysia, he can’t get the license.
Once he heard that Air Asia was in critical situation, with two Boeing and $ 11
million debt, he quickly took the opportunity to start hid business. Fernandes
learned to think as an entrepreneur as a whole. After finishing his studies at
London Schools of Economics in 1984, he focused in his job as an auditor and
the manager for a music company. He managed to flew 6 million passengers per
year in 2005 and bought 80 new planes for them. This shows that he is very
initiative that he is able to act or take charge before others.
Tony Fernandes is a very initiative
entrepreneur as he took the opportunity to build the Air Asia is reputation by
offering the cheapest price to the customers compared to other airlines
companies such as MAS Berhad. He also grab the opportunity to hire the pilots
with lower salary when other airlines companies fired their workers due to
tragedy of 11 September 2001. This has decreased the cost of management in his
company. He also initiative as he starts to cooperate with virgin company, Sir
Richard Branson. This action has open a new business opportunity for Air Asia.
These decision taken by Tony Fernandes has shown that he is an initiative
entrepreneur where he grab whatever opportunity he can to make sure that his
company has good reputation in the future.
6) Foresight
Definition
Foresight is the
ability to predict what will happen or be needed in the future. It is also the front
sight of a gun as well as a sight taken forwards.
Entrepreneur
profile
Dato’ Haji Ameer Ali, The owner of nationwide Mydin
Hypermarket
Description
Mydin was founded in 1918 by Mr Gulam
Husen Jamal, father to Mr Mydin. Their shop in Penang was burnt down to the
ground during the World War II and they lost everything. But strong
determination, perseverance and faith has made one of his children, namely Mr
Mydin Mohamed, to continue the trades of whole selling. The legation of Mydin
now is continued by his son, Dato’ Haji ameer Ali. Nowadays, we surely see that
Mydin has become one of the must-go place to shopping. That is Dato’ Ameer’s
ability that he never stops to look up the opportunity to open more and more
Mydin everywhere in Malaysia. As of Jan 2015, there are 267 outlets nationwide
which include 18 hypermarkets, 16 emporiums, 3 bazaars, 47 mini-marts that
operate as My Mydin, 8 convenience stores that operate as MyMart and 6
franchise outlets operating as Mydin Mart, 5 premium grocery store known as
SAM's Groceria, 2 premium F&B store known as SAM's Deli and 162 Kedai
Rakyat 1Malaysia (KR1M).
Throughout the opening of new Mydin
nationwide, this is surely the opportunity for our citizens to get proper jobs.
For example, the opening of new Mydin Hypermarket at Pulau Pinang had giving
500 job opportunities to the community at Pulau Pinang. Other than that, he
also allows the entrepreneur from PKS to sell their products in the hypermarket
and he also prepared places for the local entrepreneur to expose themselves
into bigger field in business. “We offer postal services through Pos Malaysia’s
outlets at selected Mydin Malls. We are also part of Pos Malaysia’s charity
drive through Post Me, where users can buy our products to donate to charity.”
This activity is one of the prove that this company doing their corporate
service responsible very well. They are able to think of the way to do charity
by this.
Dato’ Haji Ameer Ali continuously open
new Mydin Mall nationwide to full fill the needs of the customers. He also
having Mydin because he knows that local need Mydin as they offer lower price
products compare to other markets due to nowadays economics situations.
7)
Decisive
Definition
Ability of a person to stand with their decision. Person
with this value will never easily influence by others once they have made their
decision.
Entrepreneur
Profile
Faiza Bawumi Sayed Ahmad, Founder of Faiza Sdn Bhd.
Description
Being the director of Faiza Sdn Bhd,
Faiza Bawumi Saved Ahmad must be decisive in order to make sure the operation
of their company runs well. Before being involved with Faiza, she was producing
different spice blends for curries and other Malaysian dishes. Faiza imported
the ‘Ponni’ rice due to the growing awareness to eat healthily. Now, Syarikat
Faiza Sdn Bhd has a stable and successful reputation in producing variety of
high quality rice all over Malaysia.
Faiza being decisive in her working life
in order maintain and increase the profit of her company year by year. She
always insists that the decisions she took is the best conclusions for her
problems. Due to her dedication, her company has won many awards in the period
of their operation. She is also decisive in dealing with her workers who didn’t
follow the rules at her company. She didn’t want the trouble maker to disturb
their daily operation.
8)
Time Competence
Definition
The ability of an entrepreneur to compete against time in
order to achieve excellent.
Entrepreneur
Profile
Dato Vida (Datuk Seri Dr Hasmiza Othman),Founder of
Qu Puteh Beauty Products.
Description
15 years ago, the beauty products from
other countries was highly demand by locals have made the owner of Qu Puteh
beauty products, Datuk Dr Hasmiza Othman decided to produced his own products.
As the time goes by, the demands of beauty products in Malaysia increases day
by day.
With determination, from being a teacher
for 12 years, she starts to open a business, the saloon. From there, she
invented many kinds of beauty products to be used in her saloon. As the time
goes by, she worked at Majlis Latihan Vokasional Kebangsaan (MVLK). She has
faced so many failures and lost a lot of money due to her wrong decisions. But
she never stop. She tend to try the commercial break on electronic media such
as the television. Because she knows that at this era, everybody where having
television, so by doing so, she will be able to promote her products to the
society.
9)
Ethical Consciousness
Definition
Ethical consciousness is the mindfulness for human
dignity, aesthetic beauty, and appreciation for the natural environment, and a
spirit of respect for all living things. Using my own background to set the
site for reflective discourse.
Entrepreneur
Profile
Tan Sri Azman Hashim, Founder of Ambank.
Description
Tan
Sri Azman Hashim is a founder of Ambank Group. He is she man who vastly
contributed towards the economic development in our country many years ago
until now. He had brought up in a strict discipline and wisdom environment, he
is stick to the lifestyle till his working life. He has become the subsidiaries
to many kind of organization locally and international. In 1985, he faced
difficulties during the property crash. But with his ethical consciousness, he
is able to cope with many problems professionally. He also almost lost his
banking empire but still he is able to convinced the authorities to give him
the anchor bank status.
SUCCESSFUL
ENTREPRENEUR
Entrepreneur
Profil
Datuk Wira Dr Maznah Hamid,
Chief Executive Officer of Securiforce Group
Description
Datuk Wira Dr Maznah
Hamid also known as Malaysian Iron Lady is the founder of the Securiforce
Group. She is a very dedicated entrepreneur as a gained as much as possible
knowledge in many fields professionally. Other than that, she is also a popular
motivator in Malaysia.
First of
all, Datuk Wira Dr Maznah Hamid is full of versality. She is said to be
versality because she has brought the ‘no future’ unknown Securiforce become a
biggest security company in Malaysia and has successfully compete with other
companies from the same field. She brilliantly grab the opportunity to use her
ability and knowledge to develop the company.
Then, she is also a full of foresight
entrepreneur. She is said to be foresight as she is able to predict what will
happen or to be needed in the future. For example, she is able to see that
Securiforce is not only as ‘static guard’, but also include logistic,
cash-in-transit, cash management and many more to bring Securiforce to another
level in this business. Securiforce is giving full security package with the
concept of total security.
Other than that, she is also a time
competence entrepreneur. As the time passes, Securiforce also actively involve
internationally by developing Securiforce Logistic which specialize in shipping
by land, air and sea. This shows that Datuk Wira Dr Maznah Hamid is developing
her company according to the needs and demands of her customers worldwide.
Furthermore, she is very decisive. She
has a principle in her life which is ‘we must willing to work more than the
salary paid, then at the end we will gain more than what we have done’. Her
stand has brought a big achievement in her working life and businesses that
enable her to be where she is now.
Lastly, she is an entrepreneur full of
integrity and reliability. She has strong moral principle no matter in working
or daily life. Due to her deep interest in human development, she has built
MMC, the Maznah Motivational Centre which organized entrepreneurship seminars
and human development. Other than that, because of her leadership, she has been
invited to do motivational talks since 1990. This aztion has helped so many
individual to be successful in life.
Conclusion
In
conclusion, in Malaysia there are many successful entrepreneur which has great
entrepreneurship in order making them well known day by day. These values has
become their motivation to keep doing business in their life. The entrepreneurs
that we had mentioned in this assignment are the entrepreneurs that we adore
due to their excellent performance not only in managing their business but also
in the life.
