final thesis paper on entrepreneurship
TRANSCRIPT
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ENTREPRENEUR CASE STUDY:
CRITICAL ANALYSIS ON SUCCESS FACTORS.
Md.Golam Forkan.
ID: 07882558
BBA 4 th year 2 nd semester.
Department of Management Studies
agannath !ni"ersity.Dha#a.
!nder super"ision of:
Md. Qazi Moinuddin Mahmud
$e%turer
Department of Management Studies
agannath !ni"ersity.Dha#a.
&or the fu'fi''ment of the BBA program
(ourse )ame: Inte n!hi" and P o#e$t Pa"e %ith De&en!e.
(ode: ''A( I.
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Lette o& T an!mitta)
*o+
Md. Qazi Moinuddin Mahmud
$e%turerDepartment of Management Studies
agannath !ni"ersity
Dha#a.
Su,-e%t: rayer for a%%epting *he /eport on the (riti%a' Ana'ysis n the Su%%ess fa%torsof an 1ntrepreneur
Dear sir+
It is indeed a great p'easure for me to ,e a,'e to hand o"er the resu't of my hardship thereport on %riti%a' su%%ess fa%tors of an entrepreneur. I ha"e tried to ma#e it moreinformati"e and rea'isti%. I tried my 'e"e' ,est for preparing this report. *he informationof this report is main'y ,ased on information %o''e%ted through inter"ie method andinternet ,ro sing. Some other detai's ere gathered from the proprietor of that %ompany.I ga"e my hundred per%ent 'a,ors for ma#ing this report %ome together. I thin# that I ha"edone it and it i'' ,e a,'e to fu'fi'' your re3uirements.
I+ therefore+ pray and fer"ent'y hope that you i'' find this p'an orth reading. 'ease fee'free for any 3uery or %'arifi%ation that you ou'd 'i#e me to e p'ain. ope you i''
appre%iate my hard or# and e %use the minor errors.
*han#ing you for your %o6operation.
Sin%ere'y+
Md. *o)am Fo +an.
Id: 07882558BBA 4 th year 2 nd semester.
BBA rd Bat%h
Department of Management Studies
agannath !ni"ersity. Dha#a.
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Su"e ,i!o ! Fo %a din-
Md. Qazi Moinuddin Mahmud
Internship Super"isor.
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.
A$+no%)ed-ement
At the "ery ,eginning I ou'd 'i#e to e press my deepest gratitude to A'mighty A''ah for
gi"ing me the %omposure to finish the tas# ithin the s%hedu'e time.
Se%ond'y+ I ou'd 'i#e to than# my a%ademi% super"isor 9ua i Moinuddin Mahmud for
guiding me and for gi"ing me the opportunity to initiate this report. More spe%ifi%a''y+ I
ou'd 'i#e to than# him for imparting his time and isdom.
I am deep'y to Mir )a ru' Is'am the o ner of &ashion Is'and $imited for pro"iding me
'ot of support to start my term paper in 1ntrepreneur su%%ess fa%tor .And I ant to gi"e a
'ot of than#s to him for his he'p and support.
I ou'd 'i#e to e press my gratitude to Mr. Moin !ddin Ahmed )ayon+ Senior
mer%handiser+ for his "a'ua,'e guidan%e. is interest+ enthusiasm in my su,-e%t materia'
has he'ped us to produ%e a respe%ta,'e resu't. I ou'd 'i#e to than# him for %o6operating
for gi"ing us ne%essary information on ho I ou'd or# in this pro-e%t
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E e$uti,e Summa /
1ntrepreneurship is one of the main important dri"ers of a mar#et nation and e%onomistsha"e under'ined the %ru%ia' tas# a%ting in the mar#et de"e'opment. In a de"e'oping%ountry 'i#e Bang'adesh entrepreneur is a "ita' ay of so'"ing unemp'oyment pro,'em.
*his resear%h aims to ana'y e the su%%ess en"ironmenta' fa%tors of entrepreneurship inBang'adesh. (on%erning the methodo'ogy+ the one %ase study in readymade garmentsindustries in Bang'adesh %a''ed *he &ashion Is'and $td as a 3ua'itati"e approa%h ere%ondu%ted ,y using the dire%t inter"ie method for the ana'ysis. *he main findings fromthe resear%h are as the entrepreneuria' %u'ture and mindsets in addition to theentrepreneuria' supports and go"ernmenta' po'i%ies are the fa%tors that %ontri,uted to thesu%%ess in entrepreneurship. *he e'ements su%h as entrepreneuria' ro'e mode's+ presen%eof e perien%ed entrepreneurs+ s#i''s and #no 'edge of entrepreneurs+ %u'tura' attitudesto ards entrepreneurship and pro imity of entrepreneuria' training and edu%ation arestrong'y %orre'ated ith the entrepreneuria' %u'ture and mindsets. *he entrepreneuria'supports and go"ernmenta' po'i%ies is re'ated ith the ,usiness ange's and ris# %apita'a"ai'a,i'ity+ a"ai'a,i'ity of finan%ia' resour%es+ go"ernment inf'uen%es and supports forentrepreneurship in addition to ro'e of go"ernment po'i%ies on entrepreneuria' a%ti"ity.
*his report %onsists of suggestions+ en%ouragement+ main 3ua'ifi%ations of a su%%essfu'
entrepreneur+ and the %ontri,ution of an entrepreneur to the e%onomy of a %ountry. *hese
things definite'y he'p us to ,e se'f6emp'oyed and ,e a usefu' manpo er to our %ountry.
"er a'' this report i'' ,e pro"ed as a he'ping hand in so'"ing the unemp'oyment pro,'ems as e'' as to ,e a su%%essfu' entrepreneur.
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Cha"te 0
Int odu$tion o& the Re"o t
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0.1 Int odu$tion
!nemp'oyment and professiona' redundan%y ha"e ,een t o ma-or pro,'ems Bang'adesh.*housands of young peop'e+ armed ith a'' #ind of degrees and dip'omas+ get pushed intothe -o, mar#et e"ery year. 1"en among those ho manage to find a -o,+ se"era' remain
,ad'y under6emp'oyed+ doing something+ hi%h other ise they might not ha"e preferredto do in the first p'a%e.
*he 3uestion is ; hether there %an ,e any pra%ti%a' so'ution to this 'ongstanding ande"er gro ing pro,'em of unemp'oyment< A possi,'e ans er %ou'd ,e suggested instrategies of se'f6emp'oyment and de"e'opment of entrepreneuria' %u'ture. De"e'opingentrepreneurship as a %u'ture is essentia' ,e%ause it is not something hi%h %ou'd ,eadopted easi'y ,y e"ery,ody. It is a %areer+ hi%h not on'y re3uires a spe%ifi% #ind ofaptitude+ ,ut a'so a different #ind of mindset. *he 3uestion is that %an these peop'e+ hoha"e ,een out of -o, and 'i#e'y to ,e running 'o on money though high on mora's+
dream to em,ra%e su%%essfu''y something as %ha''enging as entrepreneurshipentu e! In&o mation:
)ame : *he &ashion Is'and $td.
$o%ation : 85= =A 1ast /ampura+ Dha#a.
*ypes of Business : /eadymade Carments 1 portF.
)ature of Business : Lnitting+ Dyeing+ &inishing and Se ing.
rodu%t /ange : $adies+ Men and (hi'dren tops.
*ota' (apita' : 500+ 00+ 00+000
*ota' emp'oyee : 4500
Month'y In%ome : 50+ 00+000
(ustomer : Internationa'.
Mar#et Area : Jestern+ 1urope and )orth Ameri%a.
A3out the ent e" eneu :
Mir )a ru' Is'am as ,orn in a reputed Mus'im fami'y on Apri' 05+ E58 inBa#ergoang. e %omp'eted his SS( from his "i''age s%hoo' and he %omp'eted his S(from Dha#a (o''ege. *hen he got admitted in Dha#a !ni"ersity in o'iti%a' S%ien%e.After %omp'eted his post graduation he -oined Meghan Carments as a %ommer%ia' offi%er.
e as not satisfied in his -o,. is month'y sa'ary as then 2000 ta#a. In his ,oyhoodhe ants to ,e free. But his -o, ,ound him and he did not get se'f independent. So hede%ided to start a ne ,usiness. &rom this thin#ing and ant to ,e%ome a se'f dependentand industria'ist he esta,'ished a ne garments fa%tory. In that period he had on'y 2 'a%ta#a %apita' and 5 emp'oyees. In starting this ,usiness he got he'p from his re'ati"es and
some of his friends to manage his initia' %apita'. In his starting period he fa%es many pro,'ems -ust 'i#e %apita'+ s#i''fu' or#ers+ 'a%# of go"ernment he'p and po'iti%a'diffi%u'ties. But for his strong desire+ high am,ition+ hard or#+ maintainingresponsi,i'ities+ se'f %onfiden%e+ ta#ing ris#+ ,etter use of opportunities and his inno"ati"e
po er he o"er%ome a'' of his pro,'em. )o his ,usiness position is so high. is su%%essfa%tors of this ,usiness are:
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ard or#ing.
onesty.
Determination.
!ni3ue Design.
Better 3ua'ity.
Lno 'edge a,out the or#.
rior or# e perien%e.
(reati"ity S#i''s.
(onne%tions.
Se'f6 (onfiden%e.
(a'%u'ated ris#.
*a'ent.
ersisten%e.
So$ia) Re!"on!i3i)itie!:
e ta#es part in so%ia' de"e'opment. e or#s for the poor peop'e in his homedistri%ts -ust 'i#e pro"ide s%ho'arship to the poor ,ri''iant student. e a'so donatemoney in mos3ue and madrasah.
Futu e P)an:
Mir )a ru' Is'am ants to in%rease his ,usiness. e i'' esta,'ish a Dyeing and printingfa%tory in Ca ipur. 80P of his or# is %omp'ete. e a'so ants to esta,'ish )et+(omposites+ )etting and 1m,roidery fa%tory.
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8i! Su--e!tion! &o the /outh:
e suggests the youth to ,e se'f emp'oyed. e said that ,rain drain shou'd ,e stopped.
Je are ,eing edu%ated ,y the money of our peop'e. So e shou'd use our ta'ent for our
nation.*o ,e an entrepreneur he suggests the fo''o ingsN
ne must ha"e proper #no 'edge a,out hat he ants to do.
e must ,e a hard or#er.
e must ,e honest.
e must emphasi e on 3ua'ity produ%t.
e shou'd ta#e %a'%u'ated ris#.
e must ha"e %onfiden%e on himse'f.e must ,e determined to a%hie"e his goa'.