Q. Ethinicity and Bussiness success.

Malays generally have difficulty to be successful in business, compared to the other races. Many of their business ventures falter after a short while. Do you agree? If so, why?. Please also suggest some solutions.

125 points 1votes 9/01/2009 11:06:37 AM by z fresh Post Reply
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Salem

reason: lack of capital and also lack of strategies. Failing to plan is planning to fail.

1votes 10/01/2009 9:51:10 AM by ahxuan brainy
Asker's comment:




Yes ahxuan. Those 2 are important.

I think there is also a lack of support network. Where can they get advice ?

0votes 13/01/2009 11:02:22 PM by z fresh

Assalammualaikum wr wb,

I agree with Ahxuan that most of the business built are without proper planning and considerations. Most of them who built a business for the wrong reason and hence when they see difficulties they falter and they usually plan to FAIL..

Furthermore we don't have yet the culture of developing enterprises. Even though we see so many entrepreneurship camps and so on but the culture isn't there yet. Insyallah there will be one soon.

Advices there are plenty of people who can give advice. It also depends which industry you are going into hence the students must go and search for the master. Don't expect vice versa.

For General Business advice - currently EDC from SMCCI can be approached. Do explore on this.

Anything related to Internet Business, there's EdBorhan.com or myself ( Fadzuli.com ).

Entrepreneurship and Financial advises
AbangAbu.com or Nowasia.sg

I believe there are many more. Do a search on them online or ask people in the community. Definitely there are people.

0votes 29/03/2009 11:05:49 AM

IslamicSG Networks LLP www.islamicevents.sg

by Fadzuli rookie Bis Accepted Reply
Asker's comment:




Thanks Fadzuli,

Those info would be quite useful for newly set-up business, even for established ones.

I will look them up soon.

0votes 30/03/2009 12:07:50 PM by z fresh

No problem.

In business we cannot just mix with our own community hence I also advice you to explore websites like ProjectSenso.com.

Its a forum like this which has several venture capitalist in there to give advice and so on.

I use to hang around forums for Americans to spot opportunities like youngentrepreneur.com.

Its a big world and there are ideas not even developed here yet but so mature elsewhere.


1votes 31/03/2009 5:46:31 PM

IslamicSG Networks LLP www.islamicevents.sg

by Fadzuli rookie Bis

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