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Business , entrepreneurial experiences and the empowerment of the young women. Presented by Barbara Rwodzi Chief Executive Officer House of BarRue Knitwear ( Pvt ) Ltd. Background. Who is Barbara Rwodzi? House of BarRue Knitwear ( Pvt ) Ltd. Entrepreneurship. What makes an entrepreneur?
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Business ,entrepreneurial experiences and the empowerment of the young women. Presented by Barbara Rwodzi Chief Executive Officer House of BarRue Knitwear (Pvt) Ltd
Background • Who is Barbara Rwodzi? • House of BarRue Knitwear (Pvt) Ltd
Entrepreneurship • What makes an entrepreneur? • Checklist of general personality traits - Persistence - Great drive and stamina - Intuitive sense and thriving on new ideas - Positivity, good communication and enjoying people you work with - Strong need to succeed
FAQ’s • How can I be sure I have got what it takes? • How much money will I need? • Besides being an idea person what I do I need to be good at?
Making it happen • Check that you have the right idea • Develop a detailed professional business plan • Get financial backing for your idea • Practice your networking • Plan your market and public relations • Make sure you have the right financial and management support
Common mistakes • Setting up equal partnerships • Having inadequate people and planning • Relying too heavily on one or two customers • Cash flow funding through insufficient funding • Failing to admit mistakes • Under-estimating competition • Assuming being your own boss is easy • Doing it for the wrong reasons
Empowerment of young women • Getting into business as a young woman • Managing career, family and other pressures
Business • Formation • Leadership - What is good leadership - Leadership with emotional intelligence - Leading walking on the leading edge without falling off the cliff