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Introduction

What

is the meaning of an entrepreneur


and also about the history of where and
how the word "entrepreneur" born?
17th century the relationship between
taking
risk
with
entrepreneurship
developed as Richard Cantillion , a wellknown economist viewed entrepreneur as a
person who is a risk taker, observing the
merchants, farmers, craftsmen and others
sole proprietors who buy at a certain price
and selling it at a price that cannot be
predict.

There is 5 different between businessman


and an entrepreneur that we need to
know.
The
definition
of
entrepreneur
change by the culture of the society
and by the way they perceive what
is entrepreneur.

Sri

City Homestay is a place favored by


foreign tourists and domestic because
it is located in the vicinity of Wakaf Che
Yeh and the price is very cheap and
comfortable to live in by a family who
wants a holiday in Kelantan. Among the
advantages of staying at Sri City
Homestay is the proximity to the
market Wakaf Che Yeh popular in the
state of Kelantan. In addition, it is close
to Radio Kelantan Fm.

Entrepreneur
Background
Hj.

Md Raime Ahmad and his family since


2011
A middle class family
An ex teacher/ lecture & local people
Have 5 children
Idea come from hes education
After pensions, he started to development
his own carrier
Manage to open 3 homestay at Kota Bharu.

Company Background
Started

in 2013.
Located at Kelantan town.
Four homestay - 1) ALIA HOMESTAY
2) ASYRAF HOMESTAY
3) ALIF HOMESTAY
4) AQIL HOMESTAY
Rental paid RM 200 per night
Apporoved by Commision (SKMM)
Facilities
Wifi, ASTRO JOY, 3 rooms
with air conditioner and ceiling fan

Interest

to running his business from


educational theory.
Extra
educational
motivation
or
training to get more knowledge about
the business.
Get more support from his family
members to running the business.

Type

of
industry

Target

Business

Tourism

Customers - Muslim only.

Number

of Employee - 6

Entrepreneur before start the


venture
1)

Education Background

o)The

process of formation and


development of the potential of
becoming a competence
o)Degree in Hospitality Management in
Metropolitan University
o)Diploma at London University

Working Experience
Can

improve one's career


A lecturer at a number of formal
university
- Open University Kota Bharu
- University of Malaya campus
Nilampuri

- Universiti Kebangsaan
Malaysia(Kota Bharu out campus)

- Polytechnic Kota Bharu

Role Model
Philip

Kotler

* born August 7, 1931 in Chicago, USA

* " the Father of Marketing

* obtained Master's from University of


Chicago, while his PhD from MIT.

* Mr Raime hope that can he also can


expand his business empire outside
Kelantan.

* Philip Kotler marketing force made


Mr Raime feel confident to achieve this

Entrepreneurial Activity
Define

as enterprising human action in


pursuit of the generation of value,
through the creation or expansion of
economic activity, by identifying and
exploiting new products, processes, or
markets.
En Hj Md Raime Ahmad involve in
entrepreneur when he in university.

He

do when there is entrepreneurial


week in university when he study.
He do the entrepreneurial activity for
fun.

Intention of being
entrepreneur
Entrepreneurial

intention is state of
mind that people wish to create a new
firm or a new value driver existing
organizations.
Mr Hj Raime Ahmad want to be an
entrepreneur when he study Degree in
Hospitality
Management
in
Metropolitan University.

The

founder see new chance to


started the business because he
involve in Tourism study.
He want to grab the chance and be
entrepreneur.

Parent Background
En

Hj Raime Ahmad has 4 siblings. He


is the second.
The background of Mr Hj Raime
Ahmad is work in government.
His

parent not involve in business.

Entrepreneur at the time he


start the venture
Motivation
Desire for more money.
Want to start a new life.
Create as profound interest.
Want to be a boss.

Business Goals
Offering accommodation services.
Achieve personal satisfaction.

Resources
using his own capital as much as RM 70 000.
choose strategic locations or suitable to ensure
business success.
Facilities.

Networking
The

owner of this homestay have a common


backing between the owners of other
homestays.
Srikota Homestay also use networking as a
tool for finding investors customers, staff,
suppliers and business partners with minimal
cost to his business.

Controlling
Controlling

is basic management
function of establishing benchmarks or
standards,
comparing
actual
performance against them and taking
corrective action if required.
The owner will make sure that the
service is that are provide to the
customer such as the accommodation
is the best compare to other
competitors so that can attract the
customer.

Risk Orientation at Early


Stage
Risk

in business is define as the


possibility of the business to gain
profit is lower than expected.
Positioning of the product.
Have a lot of other competitors.

Business Plan
A

business plan is a written documents


that outlines the detailed execution of
the business.
This include details of organization,
administration and human resource
plan, marketing plan, production plan
and financial plan.
Organization,
administration,
and
human resource plan - The general
manager is Hj. Md Raimee Ahmad
himself and he has 5 workers.
Marketing plan
Target market is customer with families

Operations Plan
Srikota

Homestay provide a service


which is houses for rent so the
accommodation that is provided in the
houses is air conditioner, wireless
internet (Wi-Fi), and ASTRO NJOI.
Financial plan
Alif Homestay RM80 000, Ashraf
Homestay is RM80 000, while Alia and
Aqil is RM75 000

Prepared or Not Prepared


to Start Up
Knowledge

of hospitality industry
The owner has to find resources
which is from his saving and from
families.
Design of the homestay and the
accommodation
provided
for
customer.

Conclusion
As

an entrepreneur we need to have


at least three job.
To starting the own business, we dont
have spend the lot of capital because
with a small capital, we still can do a
business such as service business.
The main objective is we need to get a
definite advantage "service" offered to
customers should have to achieve
what is desired by the customer.

Key

to the success of a "homestay" is


on customer service by consistently
treat customers to well and care about
the
customer
order,
the
communication between the customer
and the server needs to be properly
and effectively.
To be an succesful entrepreneur, we
need find a one person that
entrepreneur that we admire to be a
good "Role Models.

Entrepreneurs

must wisely choose


strategic locations or suitable to
ensure business success.
Business should be put in place which
has the force of high purchasing
power and less competition.
Entrepreneur must have interest in
business.
Social networking is not just for selling
products or services, on the contrary,
it is to listen and communicate.