why business fails power point present.pptx

ppt

1. Why entrepreneurs fails?

2. Fact Unemployment rate in Nepal lingers well above more than 4 percentage and more in youth . S hifted the agricultural based economy towards remittance based economy. Major exports is labor. At present, nearly half of all households in Nepal have at least one member abroad or a returnee. .

3. Why startups fail Some COMMON REASONs: Lack of domain specific business knowledge Overestimation of the market need Not having the right team Underestimation of the competitors Poor knowledge of the target group, resulting in poor marketing Lack of passion and commitment in the founding team

4. Why Startups usually fail in Nepal “Most founders of the failed startup say that lack of proper guidance and quality mentorship is responsible for the downfall of the startups. Unorganized Market, Consumer behavior, and location are other factors causing the downfall of startups. In Nepal, the need varies after moving certain kilometers from the current geographical region. Therefore, it would be a difficult task to address all the consumers across the country .”

5. R ide-sharing startup,  tootle Tootle was able to change the way people traveled in Kathmandu and Pokhara valley . Foodmario . Foodmario is a platform that connects home chefs with customers in a Kathmandu valley. this was a modern solution to your way to eat.   Metrotarkari Metrotarkari is an online store that sells vegetables, fruit, meat products, dairy product, sprout, etc in the Kathmandu valley.

6. Pros and Cons of Entrepreneur Globally Pros Freedom Deep discovery of Ownself Excitement Gaining Relation Flexibility Cons High risk Long work hours Responsibility Scrutinized by customer and employees Don’t have guaranteed paycheck

7. Pros and Cons of Entrepreneur locally(Nepal) Pros Employment generation Contribution in GDP Motivation for others Society towards progress Cons Fear of failure Level of stress Social pull factor Weak financial condition

8. Entrepreneurship Prospects in Nepal Agriculture Tourism IT Recreation Garments Hydroelectricity

9. Agriculture Present Employment opportunities to more than 68 percent of total population. Major contribution to the GDP. Net exporter of grains and other agricultural products to a net importer over the last few decades.

10. Agriculture Prospectus Farming ( Organic as well as inorganic vegetables and fruits) Animal Husbandry Fish Farming Poultry Floriculture Focus on products that are being imported from India and China. spend a lot of times researching and talking to experts.

11. Tourism A dream land for tourists Tourism Prospectus : Hospitality ( Hotels, lodges ,resorts ), Trekking and expeditions, Travel and Tours , Handicrafts Focus on Indian as well as Chinese tourists. Focusing even on business travelers . IT Significant demand for software applications in the Nepali market. IT Prospectus : Medical transcription, Software development Do not just focus on outsourcing business as projects specialize in a few programming language.

12. Recreation Recreation Prospectus : Mini-golf, paintball or indoor football. Children’s park may be a good business for Kathmandu. A day care center for the elderly. Garments Textile And Garment Cloth Industries Of Nepal Prime Role Of Country Economy. It Help To Employment, Live Hood Income And GDP. Textile Weaving Mainly Handy Craft Homemade Work And Small   Textile Processing House  Business are major Resources Of Textile Production.

13. Hydroelectricity Although blessed with tremendous resources only almost 40% of Nepal’s population has access to electricity. Most of the power plants in Nepal are river based with energy available in excess of the country's demand during the monsoon season and deficit during the dry season. Nepal faces acute power shortages even when huge opportunities exist in the hydropower sector for investors to meet this gap in demand. Several cross boarder connections are also being planned by the Government and with the systematization of the energy and hydro sector.

14. Opportunities for entrepreneurs in global market International entrepreneurship provides many opportunities to entrepreneurs who are willing to expand their business beyond national boundaries.  Cultural Opportunity Food Taste Opportunity Environmental Opportunity Filling a Need Buying a franchise

15. Challenges of Entrepreneurs Locally and Globally Quality /health and safety measures Customer satisfaction Adaptation of technology Sustainability Unions In Hospitality /Services sector

16. Challenges of Entrepreneurs Locally and Globally In Manufacturing sector Cash flow management Raw materials availability Supply chain management Digital marketing Competition

17. Challenges of Entrepreneurs Locally and Globally In Technology Sector Dynamic market Employees Cyber Risks Data backup and recovery Rules and Regulations

18. No big Vision Lack in Market Analysis Trying to Be Everything to everybody Lack of Marketing Initial undercapitalization leads to cash flow problem. Poor Timing Assuming debt to early Product design problems Changes in environment

19. examples FAB:-Be Wary of the Pivot Webvan :-Too Ambitious, Too Fast Pretty Young Professional  Tutorspree

20. ‘Fail fast,” see what didn’t work and try again is the conventional wisdom. But research shows failed founders aren’t any better the next time. learning is difficult in startup contexts. Most business closures don’t close quickly. Psychological barriers Why Entrepreneurs Don’t Learn From Their Mistakes SAGOON:

21. Why Entrepreneurs Don’t Learn From Their Mistakes ‘Fail fast,” see what didn’t work and try again is the conventional wisdom. But research shows failed founders aren’t any better the next time. learning is difficult in startup contexts. Most business closures don’t close quickly. Psychological barriers