“COMPREHENSIVE ENTREPRENEURSHIP”

SYMPOSIUM & EXPO

Opportunities in Global market

Sreeni Narayanan
4th December 2010

PHILIPPINES :: MALAYSIA :: VIETNAM :: INDIA :: SINGAPORE :: INDONESIA

ALEAP And so it Begins….

• “Entrepreneurs are simply those

who understand that there is little
difference between obstacle and
opportunity and are able to turn
both to their advantage.”

Victor
Kiam
ALEAP Entrepreneurship – Pros & Cons
Entrepreneurship provides an Opportunity:

• For Originality • No Fixed Salary

• • Fewer Benefits
For Flexibility

• Irregular Work schedule

• To Make a Difference
• Lack of Administration
• To Reach Full Potential
• Policy Barriers
• For Impressive Profits

• To Contribute to Society and Be Recognized for

Efforts

• To Do What is Enjoyable

• To be in Control of what you to do

ALEAP Benefits of Entrepreneurship

• To the nation
– Economy
– Jobs
– Better Resources & Talent utilization
– Competitive Environment
– Improved Quality of Products
– Attraction of Foreign Investment

• To the society
– Standard of society
INDIVIDUAL SOCIETY NATION
– Employment level
– Morale

• To the individual
– Improvement in Income Level
– Better Quality Life
– Self Esteem & Dignity
ALEAP Popular Areas of Small Business Enterprise

• Services
Manufacturing
• Retailing 5%
• Construction Finance &
Insurance Other
• Financial 10% 1.7%
• Insurance Wholesale
• Wholesaling 8%
• Transportation
• Manufacturing

Construction Services
Retailing 37.6%
10%
22.7%
Transportation
5%
 Types of Business Organizations

Type of Business
7% 20%
73%

Sales Revenue
89%
5%

6%

Sole Proprietorship Partnership Corporations

 Framework of Entrepreneurship Policy Measures
 

 
Motivation Reduction of barriers to entry, Opportunity
obstacles (time & cost), tax
Promotion of an changes, other regulations Start-up financing;
entrepreneurship loan guarantees;
Objectives
culture; promotion -Entrepreneurial climate and seed capital;
of enterprise; micro-loans
culture
reduce stigma of -Encourage entrepreneurship
failure -Favorable attitudes to
entrepreneurship Business start-up
Entrepreneurship -Increase business start-up
education in the support
rate; the creation of new (incubators,
schools 
businesses; the number of mentoring, first-
new firms; the number of stop shops,
entrepreneurs networks, start-up
portals)
Target underrepresented groups  
and techno-starters
Skills
 Innovative Entrepreneurship:

Intellectual Government Incubators,

property/patent innovation/tech
rules transfer centers,
clustering
Research institutes
Universities

Tax incentives Successful Entrepreneurship

-R&D & equity Start ups education
investments Learning platforms

Private investors Business associations

Role-models
Seed funds Awards Networks/mentors
SU Venture capital Coaching of HGFs
Angels Web portals (IP,
Media growth, capital)
 ‘Context’ Matters – Structure and Vitality

Opportunities for
Economic Demographics
entrepreneurship
performance – and industrial
GDP/capita; structure – size of
GDP growth, service sector ,
unemployment Outcome Structure size of
rate government, age
of population,
SME & population growth
entrepreneurial
vitality
Density - % of business
‘Dynamic ‘– entries, exits,
owners, SMEs; SME
growth, decline
employment; nascent %

Favorable context
ALEAP Roadmap for Entrepreneurs

Things to Consider for Setting up a Business

• What is the sector/expertise you want to focus on?

• What is the most attractive market for this business?

• What are the Investment Costs?

• What are Technology and Machinery Requirements?  

• What are the Approvals and Clearances needed?

• What is the turnaround time for the business?

• Is it replicable & recurring?

•
ALEAP Resources

• Entrepreneur.Com: The Online Small Business Authority  

• Business Week: SmallBiz  
• SCORE (Service Corps of Retired Executives)  
• Kauffman Center for Entrepreneurial Leadership  
• Edward Lowe Peerspectives  
• Fambiz.Com  
• Idea Cafe: The Small Business Channel  
• The Riley Guide: Steps in Starting Your Own Business  
• StartupNation  
• U.S. Small Business Administration  
• U.S. Business Administration  
• Online Women's Business Center  
• Entrepreneur's Reference Guide to Small Business Information  
THANK
YOU
Entrepreneurship Policy Foundations
Desirability Open competition
Promotion #2
Role Models Feasibility Ease of entry and exit
Exposure Flexible labor markets
Tax, regulatory burden

Social Motivation Opportunity

value #1 Access to:
#3
Skill Access to
•ideas
‘Quiet •resources
resources •(information,
disincentives’
•money, advice
Entrepreneurship mentoring)
education •markets
Peer networks Munificent environment – •encouragement
‘How-to’ climate AND culture