Entrepreneurship & Community Development

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Workshop on the Management and Sustainability of Knowledge Hubs 11-14 January 2010, Khartoum, the Sudan Entrepreneurship & Community Development Marc Khayat ICT Division, UN-ESCWA Some of the information in this presentation is taken from presentations of RAYE 2009 Agenda Business incubation Intro to entrepreneurship Essentials of web marketing Web2.0 marketing Business planning Successful presentation 2 1

Agenda Business incubation Intro to entrepreneurship Essentials of web marketing Web2.0 marketing Business planning Successful presentation 3 Regional Academy for Young Entrepreneurs www.raye.me Organized by Berytech 1 st edition in November 2009 Crash course on how to start a small business It s a starting place to know where to start from 4 2

www.berytech.org Berytech trilogy 5 Some Berytech programmes for startups 6 3

Business incubation Special programs accelerate the development of startups through resources and services 7 Incubator resources and services Help with business basics Networking activities Marketing assistance High-speed Internet access Help with accounting/financial management Access to bank loans, loan funds and guarantee programs Help with presentation skills Links to higher education resources Links to strategic partners Access to angel investors or venture capital Comprehensive business training programs Advisory boards and mentors Management team identification Help with business etiquette Technology commercialization assistance Help with regulatory compliance Intellectual property management Source: wikipedia.org 8 4

Agenda Business incubation Intro to entrepreneurship Essentials of web marketing Web2.0 marketing Business planning Successful presentation 9 What s entrepreneurship? Entrepreneurship is the act of being an entrepreneur, which is a French word meaning "one who undertakes an endeavor". الريادةهي عملية إنشاء منظمة/منظمات جديدة أو تطوير منظمات قاي مة وهي بالتحديد انشاء عمل/أعمال جديدة أو الا ستجابة لفرص جديدة عامة. Source: Wikipedia 10 5

Sources of ideas 11 Agenda Business incubation Intro to entrepreneurship Essentials of web marketing Web2.0 marketing Business planning Successful presentation 12 6

Essentials in web marketing Web marketing is the set of strategies and techniques applied on the Internet to support organizations overall marketing objectives. 13 Traffic on a website: origin Mediametrie / Netratings 2009 survey: Search Engines External Links Direct Access The percentage of traffic coming from SE is steadily increasing. Google represents 63.5% of the total search market. 14 7

So.. Step 1: have a website!!! Step 2: have an ACTIVE website!!! 15 How to increase traffic to your website? Search engine lookups Keywords, ads, content, title, etc. External links Colleagues, government, NGOs, etc. Newsletter / emailing Subscription based, consistency. Community building Communities of practice, blogs, ratings, etc. Games Simple, light, funny, etc. Offline Flyers, brochures, posters, etc. 16 8

Agenda Business incubation Intro to entrepreneurship Essentials of web marketing Web2.0 marketing Business planning Successful presentation 17 Web2.0 marketing 18 9

Web2.0 micro tools Wikis Social Networking RSSsyndication Peer-to-peer Blogs Web2.0 19 Benefits of Web2.0 marketing No SPACE!!! No TIME!!! 20 10

Agenda Business incubation Intro to entrepreneurship Essentials of web marketing Web2.0 marketing Business planning Successful presentation 21 The business plan: Business planning Translates the dreams of the entrepreneur into a map to follow; Is not a collection of spreadsheets with financial forecasts; Is the tool which convinces investors to part with their money. 22 11

Key elements of a good business plan People Opportunity Context Deal P O C D 23 People People who run the venture People who supply critical services to the venture 24 12

Opportunity A description of the business proposition: What it will sell, to whom, how; How fast it can grow, key drivers of success; Obstacles to success. Fundamentally, an assessment of the size of the market, its growth, and the competition. 25 Issues about opportunity Market: who are your customers? Markets or market share growing/steady/declining? Competition: direct/indirect competitors; Pricing: cost-based or demand-based? Under priced? Promotion: how much you can do at no cost? Distribution: what are the channels of distribution? 26 13

Context Founders should describe the big picture in which this business will develop: Inflation Taxation Demographic trends Variables not under the control of the venture 27 Deal The long and arduous road of producing a good business plan ends with: A DEAL!!! 28 14

Agenda Business incubation Intro to entrepreneurship Essentials of web marketing Web2.0 marketing Business planning Successful presentation 29 Successful Presentation Good personal skills Excellent presentation Good presentation layout 30 15

Presentation Skills 31 Presentation Layout Following are some tips to have a better presentation: Don t overload your slides with text Opt for a simple text layout (font type, size, color) LIMIT PUNCTUATION AND CAPITAL LETTERS Contrast colors for text and background Choose appropriate designs and templates effectively Limit number of slides Use photos, charts and graphs AVOID EXCESSIVE USE OF SLIDE TRANSITIONS AND ANIMATIONS Run a spell check on your text Make sure your presentation can run on any computer 32 16

Presentation Layout (1/2) 1. Don t overload your slides with text 2. Opt for a simple text layout (font type, size, color) 3. Limit punctuation and capital letters 4. Contrast colors for text and background 5. Choose appropriate designs and templates effectively 33 Presentation Layout (2/2) 6. Limit number of slides 7. Use photos, charts and graphs 8. Avoid excessive use of slide transitions and animations 9. Run a spell check on your text 10. Make sure your presentation can run on any computer 34 17

In life, questions are guaranteed answers aren t. Thank you. 18