Entrepreneurship in IT

Khirulnizam Abd Rahman

0129034614
khirulnizam@gmail.com
http://kerul.blogspot.com

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 Intro to Entrepreneurship
– Concept and Definition
– Evolution of Entrepreneurship
– The Important of Entrepreneurship
– Entrepreneurship Development in
Malaysia
– Entrepreneurship Support System
– Entrepreneurship in Islamic Perspectives

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 Concept & Definition
• Creation of innovative economic
organization for the purpose of gaining
growth under conditions of risk and
uncertainty.

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 The Important of
Entrepreneurship
• Economic growth.
• Contribute to wealth creation.
• Helps provide working environment.

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 Successful entrepreneur

• is motivated and who is able to motivate those

around him / her
• is able to manage time effectively.
• has the ability to leverage off strengths and
overcome weaknesses.
• manages resources well.
• considers health as well as wealth.is flexible and
able to adapt well to change.

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 Evaluating Idea
• Does it fills a niche in the market?
• Is the idea practical?
• What competition would you be up against
and what edge would you have over your
competitors?

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Online multimedia dictionary
Arabic-Malay

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 Other considerations
• Think about how you're going to advertise or promote yourself and
your product / service?
• Have you taken into consideration all the costs involved in
establishing a business?
• What sort of a business structure are you going to put in place - sole
proprietorship / partnership?
• Have you chosen the name of your company?
• Think about the purpose of the name and how it identifies with what
you're doing.What about your corporate image?
• Think about a logo, colours, typeface etc.
• The manner in which the image of your company is presented to the
public via business cards and letterheads is important.
• The impression people make of your company is often based on
your stationery ie. good, bad or indifferent.
• Exploit the potential of your company's image and make sure you
convey a good impression.

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 Secure Idea
• Patents - There are Patent Lawyers who can
help you patent an invention. Patents, like
copyrights, will expire.
• Copyrights - A copyright gives you the rights to
expression or form. A copyright is only effective
when the word "copyright" is used together with
the year and name of the copyright owner.
• Trademarks - Unlike Patents and Copyrights,
trademarks do not expire, especially if you
continue to keep them in the public eye.
Trademarks like patents, should be registered in
every country that you wish to use it in.

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 Starting Business
Starting a business and nurturing it takes a lot of
time and effort. Ask yourself these question:
• Will I be dedicated to this venture?
• How much of my time and myself can I commit?
• Can I manage the stress on myself and my
family and friends at the start-up stage?
• How can I manage my time effectively?

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IT Entrepreneurs

• Tengku Ahmad Rithaudeen

• Irfan Khairi
• Mark Zuckerberg
• Bill Gates
• Steve Job, Steve Wozniack
• Sargey Brinn, Larry Page

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 Entrepreneurship in Islamic
Perspectives
• Discuss this issue in 2 pages.

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