What Should We Do in Our Assignment?

TASK 1

The objective of this assignment is to provide an understanding and importance of the enhancement of entrepreneurial skills and personal qualities with supportive evidence by linking to successful entrepreneurs in Malaysia and the world. In addition, this assignment will enable a student to identify and analyze embodied entrepreneurial skill by entrepreneurs. Therefore, students are required to explain relevant entrepreneurial traits and analyze through application on successful entrepreneurs.

a)    Students are required to identify and describe the entrepreneurial traits that highly needed and applied to operate the business by the entrepreneurs. Based on the traits provided below, explain each trait with a relevant example(s) in the business perspective. [Must use different entrepreneur as an example for each trait. (At least one example)]

You must include the following traits:

• Networked
• Open risk taker
• Observant
• Visionary
• Failure is an option
• Open culture
• Outcome oriented
• Team oriented
• Proactive

b)    Write a brief biography of one successful entrepreneur of your choice in your own words. Then, explain how he or she demonstrates ANY FIVE (5) entrepreneurial traits that highlighted in the QUESTION (A) and how this assists them to be successful in their venture.

Task 2

Students are required to transfer their written assignment to online material (blog) to reach global netizen’s input, comment, recommendation and each other. In addition, students are given freedom to post any relevant material pertaining entrepreneurship to escalate their blog traffic and connectedness. Students are highly encouraged to use free online blog packages to fulfil this task.

OPEN RISK TAKER - Tan Sri Syed Mokhtar Al-Bukhary

Tan Sri Syed Mokhtar Al-Bukhary is a businessman and the richest Malay entrepreneurs in Malaysia. He is an entrepreneur who takes risks and is also open to give the various contributions to this community.

In addition, Bukhari Co., Ltd. is the first company founded by Tan Sri Syed Mokhtar Al-Bukhary. The company is to establish a contract for the supply of rice, tea, powdered chocolate, powdered milk and ghee to the government. This shows he has a substantial financial capital and willing to take risks to carry on its business.

In addition, he is also the owner of Gulf Capital International Investment Group (GIIG) with an interest in the Bakun Hydroelectric Project. There, he had an interest in a number of well-known firms such as Malaysia Mining Corporation Berhad (MMC), Pernas, Beras Nasional Berhad, Malakoff Berhad, Seaport Terminal Johor Sdn. Bhd., Johor Port Berhad, dream model Sdn. Bhd., Indra Cita Sdn. Bhd. and Bank Muamalat Sdn Bhd. He was willing to take risks by setting up several firms and companies with carefully calculated risks in order that there is no loss.

Thus, Tan Sri Syed Mokhtar Al-Bukhary have founded the Foundation (Islam) Al-Bukhary who have built and manage Islamic Arts Museum worth RM70 million in Kuala Lumpur than many carry out wo

rks of charity and benevolence, especially around Kedah and Perak. The establishment is divided into two parts, one part of the exercise of public charitable work, while the other manages the funds of the company.

Finally, he is someone who is willing to take the open risk of doing business with the public for effectiveness and efficiency, and also is an entrepreneur who loves to public welfare. As a "millionaire philanthropist", pure nature that nurtured since childhood by his parents, Tan Sri Syed Mokhtar Al-Bukhary is a humble man and was never selfish with the knowledge and the secrets of his success in business.

PROACTIVE - Vincent Tan

Tan Sri Dato 'Seri Vincent Tan Chee Yioun (born 1952) is the owner of Cardiff City FC and is also Chairman and CEO of Berjaya Corporation Berhad, which control the various businesses which include golfing, property, resort and gambling in a group called Berjaya group. He operates two pay-television service in Malaysia, MiTV, which was launched in September 2005. In 2010 he entered the Forbes list of billionaires with an estimated value of US $ 1.3 billion (RM4.2 billion).

A person who starts from the bottom, Vincent Tan is a very ambitious and proactive person. The fourth of eight children, began working after school. He started as a clerk in United Malayan Banking Corporation (UMBC) while a part-time insurance agent for American International Assurance (AIA).

Profit from the sale of insurance policies pretty much interest him. In 1972, he was working full-time in the field of insurance and AIA agency supervising the youngest at 21 years old. This experience gave him the foundation of good relations with government officials and businessmen. At the same time, he manages the rental truck and transport before entering into the field of import cars and real estate.

A person who likes to read business magazines, he would study the the content of the magazine Forbes, Business Week and Fortune were always borrowed from the bank officers. Unexpectedly in 1973, he read about the McDonald's in Time magazine, something which later changed his life. He wrote to McDonald's and continue to do so until seven years until he brings the restaurant to Malaysia. In 1985, he bought Sports Toto in the early stages of the privatization of the government, that is a corporate measures that pave the way towards the construction of empire.

His business interests include property development, telecommunications, stockbrokers, manufacturing, trade, hotels and internet services, provision of public, media and insurance.

Tan also was the one who opened shopping complex, Berjaya Times Squere which started operations in October 2003. His son, Rayvin Tan Yeong Sheik, is the executive director of Berjaya Group, while his brother, Tan Sri Danny Tan Chee Sing is a board member of several companies owned by Berjaya.

OUTCOME ORIENTED - Ananda Krishnan

Ananda Krishnan is an MBA holder from Harvard University in 1964.  Prior to that, he received his education from Victoria Institution and Vivekananda Tamil School in Kuala Lumpur. He attended the University of Melbourne, Australia to complete his degree.  He is the founder of the usaha sdn Bhd . And he has a 70 Percent Share on it.  Besides that, he also has a full, 100 percent of the property in Binariang Satellites Systems or BSS.  The aspiration is to make MEASAT Broadcast Network Systems and Astro as a global media company.  Through Satellites Systems Binariang he has two satellites in orbit such as MEASAT -1 and MEASAT 2. 43 per cent stake in KLCC Holdings.  But, he had already sold his interest in the KLCC Holdings and received RM1.2 billion.    The usaha Sdn Bhd also has a 33 percent stake in Tanjong Plc, a 90 percent stake in Maxis Communications Berhad, a 100 per cent stake in MEASAT Broadcast Network Systems and  Tanjong Plc also has a 84 percent share Powertek Bhd.  He also has a stake in Bumi Armada Berhad, the shipping company. The objective of the bersatu Sdn Bhd, with 49 percent interest. Film company based in Hong Kong , namely Celestial Pictures Ltd. with a 100 per cent stake . Ananda Krishnan interest in Celestial Pictures Ltd. purchased from the Shaw Brothers in 2000 at a price of RM292.6 million.  Beside that, two companies namely Zodan and Zudavi . The two companies are among six companies which were granted explore oil and gas in Indonesia in 2001. His interest in Bumi Armada Berhad acquired through objective Emirates Sdn . Bhd ., A company that was bought by entrepreneur named Wan Ariff Wan Hamzah .

            

Among the successful projects and bring in substantial revenue is KLCC development project which is a partnership between the usaha tegas Sdn Bhd  and Petronas.  Through its stake in Tanjong Plc, the usaha tegas Sdn Bhd has interests in the entertainment industry as in Tanjong Golden Village Cinemas. Both Powertek Berhad Tanjong Plc has a market capitalization of RM2.2 billion and RM1.2 billion.  Maxis Communications & MEASAT Broadcast Network Systems. Maxis is the biggest cellular phone company in Malaysia with over 5 millions subscribers and hold 30% of Malaysia's market share.  This is a bigger outcome for Ananda khrisnan. 

In additions, Astro Satellite TV service now available in many countries such as Malaysia, Taiwan, Indonesia, India, the Philippines, Brunei and Vietnam.  In Malaysia alone,  850,000 people use the Astro satellite TV service.  Astro is now worth RM4 billion.  Binariang is the first national satellite television company, was granted a monopoly for 20 years, ie until 2017.  Other than that, Astro get the excellence of the ‘Gold’ award in the media and entertainment category at the putra brand awards for 6 years in a row  from 2010 to 2015, including the ‘Brand of the Year’ award which is in 2012 and the ‘Brand Icon’ award in 2013.  This outcome have prove that the intelligent of Ananda krisnan have bring a lot of benefit to his company.

           

Besides that, Ananda Krishnan  has interests in oil and gas in the United States, Sri Lanka, Egypt, Indonesia and so on. He is also said to have two animation studios, one in the Philippines and another in Hollywood.  He also has a horse breeding farm in Australia.  In addition,  Ananda Krishnan also has interests in TVB, namely interactive TV based in Hong Kong.  In his course of life, he has been contributing huge sums of energy and money for the charity and foundations. He donated as much as RM 160 millions to  help towards developing and providing education opportunities for Bumiputra in Malaysia.  And now Ananda  krisnan is a billionaire with net worth is $9.8 billion us dollar of May 2015 according to Forbes

OPEN CULTURE - Google Founder “Sergey Brin and Larry Page”

Google is founded from Sergey Brin and Larry Page networked a few computers together at Stanford. Google is a globalization organization that employs with more than 19,000 people worker around the world. Althought, Brin and Page are rich but they still very much involved with Google's operations because they're Presidents of Google's Technology and Products divisions, respectively. 

Google's headquarters are in Mountain View, Calif. Google calls its campus the Googleplex.  The combination of the words "Google" and "complex" and a play on the term googleplex: One followed by a google of zeroes.  Life at the Googleplex is pretty sweet.  In google campus we can find many interesting amenities such as several café stations, snack rooms stoked with many food and beverages, gynasiums rooms, game rooms with video games, snooker, foosball and ping pong, and a baby grand piano for those who interst on music.

In addition to these amenities, Google employees can  receive a many comprehensive benefits package such as medical, dental coverage and also host of other services. Besides that google also provide a child care center, tuition reimbursement, adoption assistance services, an on-site doctor, financial planning classes and lots of opportunities to gather with coworkers at special corporate events.  Nonprofit work is the Google's philosophy and its also places importance on, and so Google will match up to $3,000 of any employee's contributions to nonprofit organizations.

From that we can know that sergin brin and larry page is a open culture employer because the design on their office different with other campany.  Their office is more like Leisure venues.  For example google worker can play volleyball when working hour. This may open more atmosphere for employees to voice their opinions and new ideas in many ways such as employee engagement surveys.  In the sense, they know how to provide opportunities for thoughtful discussions of decisions and objective that had made by the company. This show that google is a great corporate culture.  Here is the picture that google worker play volley ball.

NETWORKED - Li Ka-shing

A Hong Kong is a businessman and philanthropist, he is one of the richest in Asia. As of 2015, Li Ka-shing has a net worth of US $ 33.5 billion. Born to poor parents in mainland China, he lost his father at the young end, this led to him having to start work at the age of 15. He first worked in a plastics trading company. After gaining valuable experience working in the plastics industry, Li Ka Shing may establish their own business, named Cheung Kong plastics company in year 1950.

He has a wide network of business partners. He has used these networks to obtain loans from the financial capital of its partners to buy its first factory in 1958. Over the following years he changed the company's focus on plastic he eventually turned into a real estate development and management company. Business is booming in recent years and the company is renamed Cheung Kong Holdings. It was listed on the Hong Kong Stock Exchange.

He developed his business by taking over the Hutchison Whampoa of HSBC in 1979. It added that the various industries with its existing business.

He runs an investment in container port facilities around the world, including in Hong Kong, Canada, China, United Kingdom, Rotterdam, Panama, Bahamas and many others. This shows he can expand his business to countries outside of the country he has a good network of partners.

He has been involved in various business sectors such as real estate, ports, electricity, telecommunications and the Internet.

Finally, Li Ka Shing cleverly uses its network to expand its business abroad. This could prove an entrepreneur must possess a series of running a business in this market. Although one of the richest individuals in the world, he is known for being simple to practice a frugal lifestyle.

TEAM ORIENTED - Mark Zuckerberg

Mark Elliot Zuckerberg or known as Mark Zuckerberg is a computer programmer and Internet entrepreneur. He was born on May 14, 1984 in and grew up in the suburbs of New York, Dobbs Ferry, become the youngest billionaire in this planet. He also known as the co-founder of Facebook. Actually he is one of five co-founders of that social networking website. Zuckerberg is the chairman and chief executive of Facebook. His personal wealth, as of July 2015, is estimated to be $38.6 billion. Zuckerberg receives a one-dollar salary as CEO of Facebook.

While Mark Zuckerberg was studying at the Havard University, he with his team that are his friends  Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes launched Facebook from Harvard University's dormitory rooms. The group was then introduced  Facebook to other campuses around the country and moved to Palo Alto, California . In 2007, at age 23, Mark Zuckerberg became a millionaire as a result of the success of Facebook. The number of Facebook users worldwide has reached one billion in 2012. Mark Zuckerberg is involved in various legal disputes that have been initiated by others in the group, which claims part of the company based on their involvement during the development phase Facebook.

Mark Zuckerberg knows that for any business to succeed, you need to have a great team. He said that the most important thing for you as an entrepreneur is to build a team that is really great. And that's what Mark Zuckerberg spent most of the time, recruiting, finding good people, Mark Zuckerberg knows that for any business to succeed, you need to have a great team. He said that the most important thing for you as an entrepreneur is to build a team that is really great. And that is what Mark Zuckerberg spent most of the time, recruiting, finding good people, both companies outside and inside the company, to put them in a more effective role, to put them in a more effective role.

The company encourages its employees to build a team around their projects vigorously, because Facebook's leaders clearly understand that great work comes out of doing what you adore. Not only this approach ensures that employees give their best to the project, but it also provides opportunities for career growth based on ingenuity and efficiency, not only in qualifying.

In this sense, everybody is the same. You recognized and respected by your contributions to the improvement and enhancement of products; Your resume or your age does not matter. Facebook is a company where ideas become products whether you are a coach or the CEO himself.