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SUCCESS STORIES OF FIVE ENTERPRENEURS IN PAKISTAN. Entrepreneurship In Pakistan. Corruption cautions the investors Usually they dream of becoming rich quickly Women are looked as the “food-makers” rather than the “food-earners.”. ATIQA ODHO.
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Entrepreneurship In Pakistan • Corruption cautions the investors • Usually they dream of becoming rich quickly • Women are looked as the “food-makers” rather than the “food-earners.”
MESSAGE: The market is still abundant in opportunities for new entrants and that she likes healthy competition
Product line • 35 Lipstick colors • 20 Loose Eye-shadow colors • 25 Pressed Eye-shadow colors • 10 Blush-on colors 8 Cake Face Powders colors • 8 Eyeliner colors, and Mascara.
SUCCESS STORY • Stepped into her working life as a make- up artist • Training in England. • Beauty parlor and appropriately named it “Cuts and cappuccino” • Launched own cosmetics line.
REASON FOR BECOMING ENTERPRENEUR • Belief that a woman understands another woman’s needs • Tired of what was available in the marketplace.
Monis Rahman (chairperson of naseeb networks and founder of rozee.com)
HIS VISION • “Pakistan has a huge perception challenge • Individual ability to raise capital • “It was my life obsession and dream to work at Intel,” • Started thinking about a life beyond Intel
SUCCESS STORY • In 2005, he launched Web platform, this time through his own funding, a job-search site, Rozee.pk • Over 30,000 employers, including U.S.-based firms such as McDonald’s and Coca-Cola, advertise on Rozee.pk.
CHALLENGES AND EFFORTS • Needed more capital • In 2007,Pakistan’s situation was very uncertain on all grounds • Two firms in California's Bay Area, Draper Fisher Jurvetson and EPlanet Ventures, backed not so much Rozee.pk, but Monis Rahman. • Organized TiECon 2010 Pakistan
IFFAT RAZA • Company profile:Ideal Star • Business type:Plastic recycling MESSAGE “Never say sky is the limit,the moon has foot prints “
SUCCESS STORY • Driven by courageous patience • At 45, single parent of four children • She had to chose her own destiny • 2005, pet bottles crushing unit has her own enterprise in district Lahore • One of the few women in this business type
CHALLENGES AND EFFORTS • Manufacturing of decorative plastic material out of plastic waste. • Manages income out of this being economical and frugal • Funding was a problem • Now successfully running her own enterprise • Almost 15 employees for picking, crushing, drawing and packing processes.
Problemsshe faced • Marketing challenge • Removal of middle man • No idea of documentation
Attended a lot of seminars on women business development centre • Training in business development • Company linkage with trade development authority of Pakistan
SUCCESS STORY • Started a firm call Pakistan computers • First ever off-line email service to the people of Karachi by the name of Brain Net. • Pakistan Computers started countless number of new services including email to fax Internet Phones • Today ,a Successful Business Man and own over 200 companies in different parts of the world. • Major stake is in the Super Technologies Inc. Pensacola USA and DIDx.org.
SUCCESS STORY • Nominated by over 3000 for winning the 2010 Mashable Entrepreneur Award. • An entrepreneur from Karachi and runs & own Super Technologies Inc and many other companies. • Involved in small science projects • Innovative ideas
Company profile: institute of hotel and tourism management (IHTM) • Business type: Professional education MESSAGE “Whenever you see a successful entrepreneur, one once made a courageous decision”
SUCCESS STORY • Inspired from the growing hospitality industry • Established a professional education institute in 2005 which running very successfully
Confidence boosted when her institute got affiliated with TDCP (Tourism corporation development of Pakistan) • This institute was even acknowledged internationally ICHRIE
Challenges and efforts • Financial support • Issue of recognition of institute • She had a lot of trainings like from EDEW • For running enterprise you are the boss yourself