Technopreneur Awareness Program: Day 1 Part 1 Bersama En. Hussein & En. Shah

Day 1: Welcome To "Your Business Your Life", Technopreneur Academy Program.

Why Are We Here Today?

• Improve profitability
• Improve productivity
• Better manage my resources
• Build a world-class business
• Better lifestyle
• More time with family
• Wonder if dreams..
• to build networking
• to get more ideas to improve productivity..

"The thrill of victory & agony of defeat"

What's Going To Happen..

• Shaping the Entrepreneurial Mindset..
• Aligning your business purpose.
• Understanding Strategic Approaches to Developing a Business.
• Putting the pieces together towards developing your Business Plan.

Problems:

1. Time
2. Team
3. Money

Path To Business Mastery:
Day 1 - The Entrepreneurial Perspective> Primary Purpose> Strategic Objectives> Business Concept Innovation.
Day 2 - Marketing Strategy> Sales Strategy> Financial Management Strategy> Organization Strategy.
Day 3 - Management Strategy> People Strategy> Systems Strategy> Business Development Strategy.

Some Ground Rules:

• Respect Individual. - Once you respect individual, you are trying to listen to them.
  
• Be Punctual (Time is so precious to waste..)
• Agree to Disagree.

- What you get depends on HOW YOU GIVE..! , give your best, you'll get the best.

To Get The Most Out Of Your Learning:
- Be open to New Ideas.

Line of choice= either success or failure.

Technopreneur Awareness Program: Your Business Your Life Day 1, Part 4

Day 1 Part 4

CLARIFICATION

- Once we have chosen a topic and generated a lot of ideas, we have then need to clarify the ideas.
- Key research questions:

• 5 Wives, 1 Husband - What, Where, Why, Who, When, How
• 'Why' = cut off communication. Dont ever use.
• 'How' = very creative question.

Einstein was once asked:
'What would you do if you have 60 minutes to save the world from the collision from a large meteorite?'
- He replied: he would spend the first 55 minutes 'asking questions' and the last 5 minutes to 'find a solution'.

4 Levels of Questions:

1. - Does the idea fit in the current system?
2. - If not, how could we change the system?
3. - If not, how could we extract the concept of the idea?
4. - Then, based on the concept, could we propose other new ideas?

Example: Teaching Math & Science in English:
- Does the idea fit in the current system?
= No, because the Education system allows only BM.
- If not, how could we change the system?
= Yes, Tun Mahathir forced to change the Education system.
- If not, how could we extract the concept of the idea?
= What is the concept? To ensure students are well verse in English.
- Then, based on the concept, could we propose other new ideas?
= There are many ideas:
- Teaching Math & Science both in BM and English.
- Teaching non-core subjects such as PJK in English.
- Organise English Day weekly.
- Extent the period for English.
- Teach English in the most interesting & fun way.
- English teachers must be well trained.
- Show movies or play games in English.
- etc..
* How to pick up idea? - choose what we like : match with hobby & passion.

TOOL 3: Random Association

Aim:
- to force a connection between two totally unrelated things.
- to suspend or disable our conventional thinking style.

*The essence is randomness.

* " How many ideas hover dispersed in my head of which many a pair if they should come together, could bring about the greatest discoveries. " - George C. Lichtenberg.

Technology Fusion: Mechatronics

Community 1: New Community: Community 2:
mechanical engineering --> Mechatronics <-- electrical engineering

* " Innovation is not achieved by breaking through the boundries of existing technology, but as the fusion of different types of technologies. "

Method: Random Words

1) Relate your problem to a randomly chosen word.
2) The word is chosen
by pointing your finger at a word in the randomly open page of a dictionary or other books.
3) Direct connections are usually rare.
4) Need to explore series of connections before hitting on the 'right' connection.

Random Association; Force new connection between:
1) Book & River. cth: buku koleksi sungai-sungai.
2) Handphone & Pet.

* " Whenever you see a successful business, someone once made a courageous decision " - Peter Drucker

• First 100 ideas = logic
• Second 100 ideas = borders
• Third 100 ideas = beyond

* Untuk kreatif, mesti melawan arus:

• have to be stubborn.
• have to be hard headed.
• dont listen to other people's opinion.
• Perlu menongkah arus (break the traditional).

Technopreneur Awareness Program: Your Business Your Life Day 1, Part 3

Day 1 Part 3

Tools & Techniques:

Discipline in using the Techniques:

• Focus Oriented. - should focus on the problem.
  

• Time oriented (time frame) - Allocate time for ideas generation.
  

• Flow. -let the idea flow spontaneously. -Suspending / disabling our conscious mind.
  

• More important... HAVE FUN!!

Tools For Generating Creative Idea..
- Brainstorming
- Analogy
- Random association
- Reversing
- How did they do that?
- Redefine a situation
- Imitation
- etc..

* For more tools, see 'The Creativity Toolkit: Provoking Creativity in Individuals and Organisations', Mc Graw Hill, 1998.

TOOL 1: Brainstorming
- The most popular technique to get as many ideas as possible from a group of people in a short time.
- Developed by Alex Osborn in 1940s
- The slogan is 'the crazier, the better'
* " The best way to get a good idea is to get a lot of ideas " - Linus Pauling.

TIPS:
" If at first the idea is not absurd, then there is no hope for it " - Albert Einstein.
" Every really new idea looks crazy at first " - Alfred N. Whitehead.
- Outstanding -> crazy idea, think crazy.
- Untuk bina empire, kita kena buat something outstanding & dont follow others.
- Have to break the pattern.
- You have to be very brave to face the world.
- Dont worry of critics.
- Smiles with rejection.

Mind Mapping:
Advantages of using Mind Mapping:
- Breaking the word-oriented left-brain tendencies.

- Activates the whole brain.

Left	Right
details	whole picture
linear	simultaneous
words	picture/image

- Clear your mind from mental clutter.
- Focus on the subject.
- Allow to develop detailed or organization of subject.
- Show connections between isolated pieces of info.
- Gives a clear picture both details & big picture.
- Gives a graphic presentation & can identify gaps in information.
- Allow to group and regroup the concepts and ideas.

TOOL 2: Analogy ( Perumpamaan )

* Mark Brunel made the London tube system a technical possibility by learning a revolutionary tunneling technique from the wood worm..

- Let the ideas flow freely.
- Look at problem in a more relaxed/open way.
- Broadens the focus of attention to problem.
= by looking at attributes of 'something else' and apply to the situation or object discussed
= looking at problem in a different way.
= Disabling or suspending our conventional thinking style.

Technopreneur Awareness Program: Your Business Your Life Day 1 Part 2

What are requirements of Success?
1) Mindset - 80%
2) Decipline - 19% (Bagaimana kita menguruskan diri to carry out the strategy)
3) Strategy - 1%

Bagaimana menukar mindset?
- tukar buku apa yang anda baca.
- tukar kawan negatif yang anda ada.
- tukar kesemua yang negatif kepada positif.

Sebab semua ini akan direkod dalam minda bawah sedar (Subconcious mind).

Fikirkan (20 jam seminggu):
- USP (Unit Selling Product)
- Marketing research (How to know your market needs)

Kepentingan bertanya banyak soalan adalah untuk mendapatkan sebanyak mungkin penjelasan.

Bagaimana menjana Idea yang kreatif (How To Generate Creative Ideas?)

(click to enlarge the diagram)

The Innovation Process: ICEDIP (Inspiration, Clarification, Evaluation, Distillation, Incubation, Perspiration)

Inspiration : Generation of a large number of ideas.
Clarification : Focusing on the goals by asking Questions.
Evaluation : Look back over your work in progress.
Distillation : Deciding which one to choose.
Incubation : Let your subconcious mind workson it as well.
Perspiration : Just do it!

* if you blame others, your business wont go far!

Persistance - tidak menyerah kalah.
Mesti sangat yakin dengan apa yang kita jual.

Ideas Generation
- Does not require huge intelligence.
- 99% of all new ideas are garbage.
= Similar to mining for diamonds.
= most of what you dig is thrown away.
= but the digging process is not a waste of time.

* " The best way to get a good idea is to get lot of ideas " - Linus Pauling.

- Exercising the creative muscle can be hugely rewarding part of one's life.
= 75% of things are yet to be invented..

* " All achievement, all earned riches, have their beginning in an idea " - Napoleon Hill, Author of Think & Grow Rich, 1960.

* " It would be an error to assume that ther great discover seizes at once upon the truth. In all probability the errors of the great mind exceed in number than those of the less vigorous mind. Fertility of imagination and abundance of guesses at the truth are among the first requisites of discovery.. " - William Jones.

- Free-flowing exploration carried out with full confidence and enthusiasm:
= like a child playing, revel in the process.
= no criticism, no evaluation.
- Done in ' real time ', ie dont pause for reflection or hesitation.
= to diasble or suspend the critical faculties, ie the conventional thinking style.
- Set aside 30 mins a day.

Technopreneur Awareness Program : Your Business Your Life, Day 1 Part 1

Kursus ini berlangsung selama 5 hari di De Rhu Beach Resort Beserah, Kuantan Pahang.

Day 1 – Idea Innovation

Sesi ini dikelola oleh Dr. A.Rahman Songip dari BATC (Business & Advanced Technology Centre)
- Kami diajar mengenai cara-cara mendapatkan idea dengan berfikir di luar kotak.
Ilmu & Pengisian yang diperolehi dari sesi ini adalah seperti berikut:

What is the most expensive thing in this world?
-Otak
What is Creativity & Innovation?
Creativity = generation of new ideas.
Innovation = the process of implementing of creative ideas into desired outputs.
- Without creativity, there would be no progress.
- We would be forever repeating the same pattern.
- Kalau tak ubah tahap pemikiran, kita tidak akan berubah. Hijrahlah fizikal & mental.
- Konsep hijrah dalam islam sangat powerful.

“Microsoft is a company that manages imagination” – Bill Gates.

Law of Creativity:
A = R x S
A = Attitude (Sikap) => Cause
R = Resistance => Internal (Ketahan)
S = Skill => Effects
(Kenal pasti rintangan kemudian cari penyelesaian untuk menghadapi rintangan)

Why need to be creative?
“A man may die. Nations may rise and fall. But an idea lives on forever. Ideas have endurance without death…” – JF Kennedy

Why need to be creative?
* Kenapa perlu kreatif? – untuk jadi terkenal.
Facts: 80% of problems in life need creative problem solving.
* Masalah = hadiah / peluang
- Lagi besar masalah, lagi besar hadiah.
- Untuk create biz, cari masalah orang yang hadapi. – solution.
Power of question. Problem=peluang.

Contoh masalah:
AirAsia beli saham RM1 pada tahun 2001, 2004 nilai saham RM4.0 Bilion.

“Wealth is created not through optimization. Wealth is created through innovation.” – John Kelly
* How to generate creative ideas? – set goal higher than what you can achieve

Why need to be creative?
Exercising the creative muscle can be hugely rewarding part of one’s life.
- 75% of things are yet to be invented.
“All achievement, all earned riches, have their beginning in an idea” – Napoleon Hill , Think & Grow Rich.

Technopreneur Awareness Program : Technopreneur Academy Program - Intro

Overview:

1) Where are we heading to?

2) Why we are going there?

Our Destination:New Economy

- K-economy network economy digital economy risk society.

• Vision 2020
• Developed Nation
• Economic indicator, per capita income USD10k
• Agriculture Economy
• Industrial Economy
• Knowledge Economy – next engine of growth (creation of wealth)

Key Element In The New Economy

• Key factor – ICT
• Key Driver – ICT Entrepreneur (Technopreneurs)
• 2 Elements – 1) Creativity 2) Innovativeness

Programmed Goals

- To increase bumiputera equity structure in the overall economy as inspired in Dasar Wawasan Negara and to realize the creation of Masyarakat Perdagangan dan Perindustrian Bumiputera.

- To increase bumiputera participation in the ICT industry.

- To encourage ICT growth more evenly in all states.

- To encourage entrepreneurship as the preferred career.

- To help attend issues of unemployment amongst ICT graduates especially the bumiputera.

TAP Current Program Structure:

Step 1 – Awareness Seminar:

- 1 day ICT Business Awareness Seminar.

- Target size of audience between 300-400 participants.

- Target audience consist individuals interested to start / convert ICT business including graduates, entrepreneurs, technopreneurs.

- Profiling Tool to sieve qualified participants for the residential workshop.

• 3-4 weeks of selection process

• 50 prospects selected.

Step 2 – Business Workshop

- 5-day residential workshop for existing entrepreneurs (max 25 pax).

- 6-day residential workshop for graduates (max 25 pax).

- Profiling Tool to sieve candidates for 90-day Development.

• 3-4 weeks of selection process

• 15 prospects selected.

Step 3 – Incubation / Acceleration

- 90-day development period with individual coaching.

- Candidates are nurtured to develop their proof of concept and prototype.

- Candidates will be located in the state Technology Lab.

- Candidates are expected to have refined business plan.

- Candidates will be prepared for Pre-Seed fund application.

• Remaining 15 continue to grow under continuous support programmes

Step 4 – Early Growth

- Independent enterprise is formed.

- Business in operation with client base.

- Participants will be located in state anchor incubator.

- Engaged as MDeC client to receive further coaching and mentoring.

- Refined Business Plan.

Pre-seed Fund

90-day

• Proof of concept and prototype.
• Participants locate in state incubator.
• Continuous support from MDeC, coaching and mentoring.
• Refinement of Biz Plan
• Preparation for Pre-seed fund.

Pre-seed Fund

• Max RM150K.
• Prototyping in 12 months.

Basic Requirement:

1) At least Dip. In ICT related majors, Business and Engineering/Science

2) Final year students (Diploma and Degree) possessing qualification as item (1).

3) Unemployed graduates possessing qualification as item (1) above.

4) New ICT start-ups.

5) Existing entrepreneurs inclined in ICT.