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Welcome

to ourPresentation

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GROUP NAME: GRADUATE

Members:

A.K.M. Mahmud Hossain 08092101134Shahadat Hossain 08092101123

Md. Kaysaruzzaman 08092101102Md. Syduzzaman 08092101132

A.G.M. Aminul Islam 08092101130

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Identifying potential entrepreneurs

& evaluate with the existingentrepreneurs.

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A.K.M. Mahmud Hossain

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We are going to discuss about :

Characteristics of existing and potentialentrepreneurs.

Motivation factors of existing and

potential entrepreneurs. Financial factors of existing and potential

entrepreneurs. Barriers for existing and potential

entrepreneurs. Some findings from this survey.

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ENTREPRENEUR

An entrepreneur is one who creates a newbusiness in the face of risk and uncertainty for the

purpose of achieving profit and growth by

identifying significant opportunities andassembling the necessary resources to capitalizeon them.

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We made our survey on 10 potentialentrepreneurs and 2 existing entrepreneurs.

our survey found that 90% potentialentrepreneurs who wants to do their own

business. On them, 40% has the second choiceto work in private sector.

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Md. Kaysaruzzaman

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SKILLS & ENTREPRENEURIALCHARACTERISTICS:

In judgment of the skills of potentialentrepreneurs our survey found maximum people

has average skills as their saying incommunication, presentation, conflictmanagement, problem solving, interpersonal,time management, networking skills etc. existing

entrepreneurs has that skill strongly.

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Existing entrepreneurs has all the entrepreneurialcharacteristics that they already showed in theirbusiness. Potential entrepreneurs also think that theyhave those skills which are still not showed in reality.

Approximately 100% of potential & existing entrepreneursadmire people who want start a own business and theyencourage their friend to do that. Many of them think togive second chance who failed on first chance. They donot scared to develop their new idea. Potential

entrepreneurs has agree that entrepreneurs contributepositively in social life.

Both of them claim that they are involve in small businessfrom the past.

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MOTIVATION FACTORS FOR BOTHENTREPRENEURS:

Both of them have these same factors that motivate them tobe an entrepreneur.

Make more money. Freedom to adopt own approach.

To lead and motivate others. Achieve a better position in society. Make an idea or innovation happen. To be own boss.

Personal achievement.In our survey we found only 20% potential entrepreneurswho already think about their own business to start.

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Shahadat Hossain

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BUSINESS SKILL ANDKNOWLEDGE:

Existing entrepreneur already use all theirbusiness skill and knowledge in their ownbusiness.

all the potential entrepreneurs only think thatthey have business skill and knowledge.

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IDEA & BUSINESSDEVELOPMENT

Potential entrepreneurs has business idearelated to manufacturing and service typebusiness.

Both existing entrepreneurs in our survey aredoing manufacturing type business.

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Md. Syduzzaman

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BARRIERS FOR BUSINESS:

Potential entrepreneur do not face any barriers,because they are not involve in any business. Onthe other hand existing entrepreneurs faced some

barriers when they started their business, like

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1. Identification of business opportunities2. Difficulties for Business plan3. Important business skills4. Right information

5. Financial problem6. Family pressure

Potential entrepreneurs also consider those factors as

the business barriers.

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BETWEEN POTENTIAL AND EXISTINGENTREPRENEURS. THE EXISTINGENTREPRENEURS, WHO ALREADY MEET WITHTHESE BARRIERS. ON THE OTHER HANDPOTENTIAL ENTREPRENEURS, WHO JUST GUESSTHESE FACTORS AS BARRIERS.

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Existing entrepreneurs can feel the barriers for

their business in reality. So they know whichsupport can help to start their business reducetheir barriers and. They take some supportwhen they started their business, like

Plan development Business registration HRD Financial management

Production planning etc.Potential entrepreneurs need approximately samesupport if they want to start a new business.

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On the question of currently needed support in oursurvey to the both types of entrepreneurs, we facesome similarities in their answer.1.Obtaining business finance

business plan development Marketing support New product development Access to relevant information

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THE GRAPH GIVEN BELOW SHOWS THE SIMILARSUPPORT THEY NEED TO START BUSINESS ANDVARIATION BETWEEN TWO TYPES ENTREPRENEURSNEED.

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A.G.M. Aminul Islam

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BUSINESS FINANCING

Both types of entrepreneurs requires financialassistance

Both existing entrepreneurs able to access of

funding to bank. Some Potential entrepreneurs start to saving astheir secured sources or try to have loan fromtheir family for business.

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Potential entrepreneurs think that they have onaverage tk 100000 available for funding.

Existing entrepreneurs sourced for their fundingabout tk 5000000.

Existing entrepreneurs thinks managerial skillsand bad product as factors that can impeded

their funding.

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In all the way of our survey we acquire someknowledge. These two types of entrepreneurs may differ from

their managerial skills. About start a business both types of

entrepreneurs have approximately similarthinking at skills, characteristics, barriers, support

etc.

Findings:

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There are many existing entrepreneur in ourcountry who have no high education but havelots of skill to run their business. Some of them

didnt know what they have as skill orcharacteristics, but they going to their way tosuccess of business.

When we did our survey on potentialentrepreneurs, we noticed that many of themanswering with their imagination. But they didntknow whether they were correct or not.

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In case of existing entrepreneurs we meet two

successful person. But when they start theirbusiness they didnt identify the factors whichpull them top of success.

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Thanks To All