LET"S HAVE A FUN!!!: December 2013

KAKS 2013 was held on 2 until 6 September 2013 at Regency Hotel Tanjung Tuan Port Dickson, Negeri Sembilan which about five days. This program’s objective is basically to improve the knowledge among the USIM’s student and at the same time to encourage them to be a successful entrepreneur.

Regency Hotel Tanjung Tuan Port Dickson, Negeri Sembilan

02/09/2013

The participants were scheduled to registered at 9 am , Saturday at the commercial center.After breakfast, we were asked to gather together. Here we're briefly briefed about the objectives of the program as well as the running of the next day on this program. After that, looked at all the participants is from the various faculties, we were given a few minutes to get and know the other participant. Majority of us is come from faculty of Economic and Mualamat. Then, we were asked to form groups based on our interest in the business. We were safely arrived at the hotel about 5 pm. At the evening, after check-in into our room, we're freely to go with our own activities.

At the night, En. Mohd Izzuddin, the director of this program had talked about the master minding and networking. we're asked to sit with our group, and discussed and decided to continuously communicate with each other by facebook group. at this group we're freely to talk and discuss our business running.

03/09/2013

A DAY WITH TANDEMIC CREW

By the day after, which is the second day, we had been enjoyed our day with TANDEMIC crew.

The business model canvas

This is the business model canvas that had been introduced by Tandemic crew for us. we're learn how to make our business plan by this business model canvas step by step.

The business model canvas:

1. Market segment

Who is the target customer of our proposed product? This could be the company’s entire customer base, a segment, or a new market or vertical. Ash recommends using a separate Lean Canvas for each segment where one has multiple segments in mind, and I think that’s good advice as a starting point.

2. Problem

A brief description of the top problems we’re addressing. I try to limit this to at most 3

3. Existing alternatives

How is the customer solving this problem today? This may not be just direct competitors. For example, in the early days, Quicken’s competition was not only other accounting software, but also checkbooks, and pen and paper.

4. Solution

What are the most essential features of our solution that will deliver on our UVP? This is not an exhaustive feature list. I try to limit it to the top 3 elements of my proposed solution.

5. Channels- how to sell/ marketing. How to deliver to customer

How will we get (acquire), keep (retain), and grow (sell more to existing) customers? What is the marketing and sales strategy?

6. Revenue streams

How will we make money? What’s our pricing strategy? If this is not a revenue generating product, what other business value is it providing? Improving customer satisfaction? Customer lifetime value? Market positioning? Competitive differentiation? Operational efficiencies?

Its Banana boat's time!! At the evening we enjoyed our moment by riding the banana boat. You know what? Its pretty fun!! and of course I enjoyed it.

exciting moment!

At the end of the day, which at the night, we’re recharge ourself in talk about motivation on entrepreneurship’s slot, “keusahawanan kerjaya pilihan”, by Managing Director En. Tajuddin Bin Hassan, Thoyyib Pharma Industries (M) Sdn Bhd. He talked about his company’s background story from the beginning until nowadays. Here, we are able to learn from his experience in the business.

04/09/2013

The opportunities in business funding (loan)

The wakil from the SME’s Corp., MARA, and Tekun had elaborate to us on how to get financial loan from them. Beside, all of them also told about the maximum loan that they can give and how to make the repayment. These slot was mostly help us on how to start the business without our own capital.