Networked
Networked
is defined as interact with other people to exchange information and develop
contacts, especially to further one's career. Network is an important trait to
the success of entrepreneurs. If the entrepreneur has a good network for
internal and external users, it will be easier for entrepreneurs to gain an
edge against business opportunities and solve problems on their business. A
good network connectivity enabling them to gain the support and cooperation of
the network circle. Thus, every entrepreneur needs to build networking skills,
as it will be the catalyst to achieving your goals and business objectives.
The
network is the result of past relations strategy and resources for future
strategies. The right relationship and obligation is the result of supply which
originally led to the company network, experience and investment it can be made
of the relationship. This means that, apart from additional analysis on
relations portfolio companies and understand what the network, this also
involves listing all additional resources through socially constructed. This
can be analyzed through the conventional view based on power of the company.
Successful
network is the result of proper planning and careful in developing and
implementing. Entrepreneurs need to find ways to create a good network and
maximize the benefits that can be obtained from it. The network must be one of
the main tactics in marketing for most independent professionals and small
business owners. Entrepreneurs must use a network user (client-centered
networking) to reduce costs and time to obtain and disseminate information.
The
example of entrepreneur for this trait is Thomas Smale which is a Co-founder of
FE International. He constantly networking with people that not only help his
business currently, but also have the potential to help him in the future as
well. He will never be selfish when networking. He always help someone and
provide value to them before thinking about how the relationship will be
potentially beneficial to him.
Open Risk Taker
The
definition of open risk taker is an individual of business that tends to behave
in a way that can potentially cause physical harm or financial loss, but might
also present an opportunity for a recording outcome. Most business type that
thrive on innovation will encourage a risk taker mentality among management to
help support the creative process in other staff member.
Richard
Branson is an example for this trait. He is one of entrepreneur who launched
Virgin Group. Richard Branson launched Virgin Records in 1973 and today Virgin
Group holds more than 200 companies in more than 30 countries.
His
real name is Richard Charles Nicholas Branson was born on July 18,1950, in
Surrey, England. His father, Edward James Branson, worked as barrister and his
mother, Eva Branson, was employed as a flight attendant. Richard, who struggled
with dyslexia, had a hard time with educational institutions in his life.
He
has been in the music business field, Virgin Records. His first artist on the
Virgin Records label, Mike Old field, recorded his single “Tubular Bells” in
1973 with the help of Branson’s team. His business has been successful for the
time being with a wide variety of musical and raised the name Virgin Music in
the chart top six record companies in the world.
Branson
expand his business, including in the field of transportation, Voyager Group in
1980, the Airline Virgin Atlantic 1984 and a series of Virgin Megastores. But
he had a very bad bankrupt in 1992. Finally, the company was sold. He too
disappointed with what happened but he still continued the music business. In
1993 founded the station Virgin Radio and several years later he started a
second record company, V2.
Branson’
Virgin Group now holds more than 200 companies in more than 30 countries,
including the United Kingdom, the United States, Australia, Canada, Asia,
Europe and South Africa. He has expended his businesses to include a train
company, a luxury game preserve, a mobile phone company and a space-tourism
company, Virgin Galactic.
There
are many definition to describe observant, one of them is someone who is good
at noticing things. Other than that, observation is the way to gathering data.
It can be from watching behaviour, event, or nothing physical characteristic in
their natural setting. Observant also can be call watching, aware and pay
attention. There are two part of the observation, which are direct observation
and indirectly observation. Directly is looking at the way an entrepreneur
starting the business. Meanwhile, indirectly observation is we have to think
how the entrepreneur can be successful, or we have to think to get an idea to
start business. Observation is one of the important components before starting
a business. It is because all entrepreneurs that successful in Malaysia or
overseas will make a good observation before start a business.
The
figure that suitable for observant trait is Datuk Ramly Mokni. He is the
founder of the famous nugget Ramly. Datuk Ramly is actually a butcher at a
supermarket in 1970. Before he started his frozen food, he makes an observation
during his working. According to his observation, he found that the frozen food
during the time is not sure whether lawful or unlawful. Because of that, he get
an idea to start the frozen food that are lawful. However, it was not easy for
Datuk Ramly to success. He had to face many challenges before he started the
business, such as there was none of the banker who want to lead money to him.
But he never give up and continued with the idea to open a lawful frozen food.
Even after Datuk Ramly become the successful entrepreneur, he always make an observation
to expand his business. It can be proved when he made a new product that
different from the original product in the company, such as black paper sauce,
chili sauce and mayonnaise but still related to his original product.
As
a conclusion, we need to do observation before start our business. For example,
Datuk Ramly. He is a good observant, because of that Datuk Ramly have many idea
to expand his business and to improve profitability. Through observation also
we can evaluate the advantages and disadvantages of our company and
competitors.
Visionary
A
visionary is a person with vision or power to look in the future and who know
what will happen in the future. Secondly, visionaries see possibilities, not by
making something different from everyone else but making exactly the same
thing. However, the difference is that they are doing the same thing
differently from everyone else. They follow what is happening around them and
simply find hot opportunities in which they enter. They are willing to take
action about that opportunity. All of that opportunities is the same
opportunities in which too many people entering in the same time. But, only one
is better than all other. They do not start a business in the opportunity that
they find only to improve their own lives. They start a business to improve
lives of their customer, and if they succeed in this improvement, they will
also improve their own lives.
Marissa
Mayer is an example of visionary entrepreneur who is a well-known in user
experience and product design. She is the current president and CEO of Yahoo!,
which has held since July 2012. Previously, she was a long-time executive,
usability leader, and key spokesperson for Google. As the twentieth hire and
the first woman engineer at Google, she helped develop many of the company’s
key features and stylings. Google enjoyed a meteoric rise to prominence under
Mayer’s tenure and launched successful and groundbreaking products such as
Google Maps, Google News, Gmail and Chrome. In 2012, Mayer claimed a bigger
stage with her appointment as CEO of Yahoo. In two years, Mayer has
reinvigorated Yahoo's brand, reimagined all of its core products including
Yahoo Mail, Flickr and more, and introduced new mobile products such as Yahoo
Weather and Yahoo News Digest which have both won design awards. In addition,
Mayer has acquired more than 40 companies, including Tumblr. Her boldness has
made her a household name, and we’re pleased to award Marissa Mayer INFORUM’s
21st Century Visionary Award. In 2014, Mayer was ranked sixth on Fortune 's 40
under 40 list, and was ranked the 16th most-powerful businesswoman in the world
according to the same publication. She is the youngest person and one of very
few women to head a Fortune 500 company.
Failure Is An Option
A
failure is something that we do, which then harms others and have negative
impacts on people or other creatures. Not only others but also ourselves.
Failures are not all bad, but will give us experience and usually faster, we
will learn lessons from those mistakes. Recognizing the errors that have
occurred not only to be sad but also to fix in order to prevent a recurrence.
With offenses, resulting in self will be more discreet and polite so that the
same mistakes not repeated in the future.
Datuk
Aliff Syukri is one an example of failure is an option entrepreneur. He never
posed as a marketing officer at a time when it did not have enough workers and
deliberately present themselves as a model of Pakistan and founder of
cosmetics. However, every effort was in vain, as it turned out was not
effective at all. From there, he tried to get up to change the strategy to come
up with styling corporate character but the effect becomes even less during the
two years that the money invested will be wasted.
He
then tried his luck through advertising on other television stations to make
the most of the appearance of wearing regular clothes to dress and shiny than
normal voice to voice 'pits'. Apparently, something weird that is the talk of
the community and despite the various allegations received from the community,
but its impact is huge on sales. For him to become an entrepreneur is not
credible to imitate other people's ideas. If the first tagline was not so
interesting, but after a change of style 'filter' to make some people feel
strange and annoying.
Open Culture
According
to Lehman, Himstreet, and Batty defines culture as a set of life experiences
that exist at a particular group of people.
Life experience is meant to be a belief, behavior, and lifestyles of a
community. Therefore, the purpose of the
open culture is also related to people's lifestyle outside the range. Being an entrepreneur is a must to get to
know the culture of the foreign country to ensure that products marketed meet
consumer preferences.
Among
the entrepreneurs who have open cultural character is Jimmy Choo. His real name is Jimmy Chow, but registrar
was mistaken and wrote his name in his birth certificate as Jimmy Choo so that
makes the name Jimmy Choo is known to this day.
Jimmy Choo was born on 1961 in Pulau Pinang. He gained exposure from his father to make
shoes. He has successfully created his first shoe at the age of 11 years. Jimmy choo continued his studies in London
for 4 years. After graduation, he opened his shoe store in old hospital
building. His famous creation were shoes
and handbag.
Jimmy
Choo design become famous in United Kingdom and his design coverage in Vogue
magazine. It shows that his design meets
the wants of a foreign country. For
example, the late Princess Diana is interested in his shoe designs. Jimmy Choo intends to launch shoes
manufacturing company in Italy. Therefore, he has worked with Tamara Mellon and
founded Jimmy Choo Ltd.
As
a manager, Jimmy Choo was responsible to ensuring his successful business.
Therefore, his management style is reflected in the theory of Mintzberg. Minzberg theory can be divided into three
categories, namely through interpersonal relationships as a leader, manager and
people in contact with outsiders. Datuk Jimmy
Choo carry out his duties friendly to his customer. For example, Jimmy Choo is a shoe designer
who is favored by Princess Diana during her lifetime because the style of Jimmy
Choo management of customer-oriented.
Untill
this day, Jimmy Choo shoe design is one of the leading shoe design that
recognized on the international stage.
Therefore, he has gained a number of awards and recognition as a result
of hard work. Among the awards given to
Jimmy Choo is the title 'Datuk' by the Sultan of Pahang on its success in the
field of fashion. In addition, he was
conferred the bosom of the State Secretariat of the President of the State of
Penang which also carries the title Dato 'and awarded the title of' professor 'by
the University of the Arts London for his contribution in the field of fashion
overseas. Jimmy Choo was also the first
Malaysian to receive the award "Order of the British Empire" OBE
(Knighthood) by the Queen of England, Queen Elizabeth II in 2002.
Team Oriented
Robert Kuok Hock Nien, from Johor
Malaysia. He was born on October 6, 1923. He graduated with his bachelor's
degree at Raffles College, Singapore. Total current assets of him is USD 11.3
billion (RM40.8 billion). The greatest source of wealth is a sugar, palm oil,
shipping and real estate. His main company is Kuok Group (the Kuok Group) or
Kerry Group. Kuok Group also has a large business network through companies
under three main groups in Hong Kong, Singapore and Malaysia.
Robert Kuok Hock Nien was an example
to all those who wish to succeed. In him there is nature oriented team for the
success in his career. He was engaged in a group to do something. With the
group, he sure can give a lot of ideas to advance the company built. Besides,
it can save time and energy in doing certain tasks to achieve the goals. In
addition he take advice and direction from each other, recognizing the skills,
abilities and insights each person has. Robert Kuok also wants practicality. He
make his communication convey a common sense rationale in straight forward
terms.
Outcome Orientation
Outcome orientation is perfect when
combined with employee affective commitment and transformational leadership
style. In many ways, the situation is very supportive of the achievements and
the organization as a prime target. Outcome orientation is focusing on the
actual outcome or result. For example is what actually happens over different
time. There are four different time. First in the moment this is means what the
client actually does and says. Second is in the session, that means what the
client experiences in the session. Third is across sessions means what happens
outside the consulting room, and the last is over the long term is does the
client maintain their outcome.
Datuk Dr Che Rozmey Che Din is also
known as Rozmey Che Din. He is a successful entrepreneur uses in its result
oriented. Herba Prima Marketing is a company that was built by him. 'dR Rozmey'
or DDR is the name used to label brand products. He have sold a variety of
products ranging from electrical therapy machine to weight management products.
In addition, he is a product designer 'Jus Mate 5'.
Rozmey Che Din can control their
employees and customers in good standing. Dr. Rozmey is an example of a much
admired by everyone. Besides that, he also uses the outcome oriented successful
in his career. Outcome oriented is to set the information to be achieved on a
specified date. Besides that, it also maintains committed to achieving its goal
the in the face of setbacks and failures. Furthermore, if he did not manage to
do something, he will wake up immediately to solve the problem and will make
sure the problem can be solved effectively.
Proactive
Entrepreneur
can be defined as a business person running up to success with an acquired the
profit motive in addition to exercise practices for the strategic success
continues. Proactive entrepreneur are
entrepreneur who have an idea of the interesting design of the company to
survive and are always looking for new opportunities. Thus, an entrepreneur needs to think
creatively to find ideas to further expand its business. Proactive definition is positive attitude
with the design and control the actions that take place much earlier than
expected to the occurrence of a problem or incident.
Entrepreneurs who have a proactive
trait is Tan Sri Dato' Dr Tony Fernandes. His real name is Tony Fernandes. He
is 47 years old and hails from Kuala Lumpur, Malaysia. In 1977 and 1983, Tony
received education at Epsom College and in 1987 at the London School of
Economics. Tony Fernandes has held the
position of Chief Executive Officer, Director and Founder of AirAsia Berhad
Tune Group Sdn Bhd and Chairman of QPR Holdings Ltd.
At
the start, Tony is a musician who has headed recording company Warner Music (M)
Sdn. Bhd. He is a prominent figure in the country, respected for its success
sparked a revolution in the airline industry in Asia. The airline industry is
set up when Tony had bought Airasia only RM1 from DRB Hicom because bear high
debt. Security has become a savior for Tony to pay high debts. This is because,
Airasia has a contract with the security of pilgrims flight contract for two
years.
Tony
reorganized Airasia with a new image and concept. AirAsia is the first low cost
airline in Asia. Johor Bahru is near to the Singapore so AirAsia makes Senai
International Airport as a hub for their flights. Airasia has launched flights from Don Muang
International Airport in Bangkok, Thailand with Thai Airways. In addition, AirAsia actively looking for new
destinations and flights in Indonesia known as Indonesia AirAsia nowadays. As
an entrepreneur who has a proactive trait, AirAsia has thought of a way to
promote his airline. On 22 July 2005, AirAsia has entered into a sponsorship
alliance with the football club Manchester United, which enables AirAsia to
appear at the Old Trafford in Manchester. Sponsorship alliances allow AirAsia
brand exposure to millions of television viewers around the world. This also a step to expand its business.
In
2006, AirAsia has opened a low-cost carrier terminal (LCCT) at Kuala Lumpur
International Airport. The new Airasia
terminal was KLIA2. Airasia has takeover
96 side domestic routes and 19 top domestic routes. For example, domestic routes from Kuching to
Langkawi which is the eighth AirAsia routes and from Miri to Kuching and Penang
which is the fifth domestic routes. All
of these are new routes that has been operation since March 20, 2014. AirAsia has secured approximately 9 million
passengers in 2006.
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