Random Thoughts

The fervor, zeal, keenness and enthusiasm was at the highest velocity among the participant of the Spark, Entrepreneurship Trail on the second at IBA, main campus Karachi. Had not slept well yesterday night despite this the energy level and motivation to attend and listen the distinguished speakers triggered to be there till the end of the day. The day started with the finding ways to raise money - Everyone wants money, don't you? - for the start up. Mr. Ayaz and Mrs. Kazi were the guests who imparted us with the knowledge and information on how to raise capital for the new venture. As everyone know, borrowing money from the banks is the most difficult for the business, which is at the initial stage, so do opined by the guest speakers. According to Mr. Kazi, Banks must be pursued to put notice on their website "Borrowing from Banks for the start ups is injurious to the venture." The most favorable and easiest way to raise the capital for the start up is from family an...

Entrepreneurship is not only attached with starting a new venture. Entrepreneur is the one who absorbs the risk and turn that risk in making profit, building goodwill, getting contracts and making business more prosperous day by day. So what are the ingredients to be a successful entrepreneur. Is it Fund that make a business successful, marketing activities or something else? A Pakistani businessman, Majyd Aziz in seminar told the ingredients as follows: 1. Desire 2. Development. 3. Determination 4. Dignity 5. Dare 6. Discipline 7. Dedication He argued finance, marketing, human resource activities are important but 7 D's are the ingredients for a successful entrepreneur. As student of business I must say dedication is the most important for turning any business into a successful venture.