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.