Friday, December 21, 2012

Mr. Andy Sharing Experience of his Network Marketing Business



Sheetal and Habib, students of BBA at PAF-KIET interviewed Mr. Andy Mansoori to learn about his entrepreneurial experience of setting up and managing his Network Marketing Business

Arshad Jawad, CEO Mr.Burger, Sharing his Entrepreneurial Experience



Interview taken by BBA students Jahanzaib and Waheed of PAF-KIET

CEO of Homeshopping.pk shares his Entrepreneurial Experience



This is an Interview of Shayan Tahir, CEO of Homeshopping.pk, one of the youngest entrepreneurs in Pakistan perhaps, his brand is also a winner of Brand of the Year Awards... In this video he sharing his entrepreneurial experience with Saad and Ayesha, BBA students of PAF-KIET

Tuesday, December 11, 2012

Steve Blank's Business Model Canvas

Please click here to download the Business Model Canvas template, its a simple tool to visualize and test your business plan model. Its divided into 9 parts, each of describes an aspect of your business model.


How to use: In the start you will fill in each of these sections with what you have imagined about each of 9 aspects of your business model. This will of course be hypothetical if you are doing it for the first time. After this, Blank suggests, you would use standard business research techniques like interviews and surveys with your stakeholders relevant with each aspect of the model. For example, your assumed value proposition, you need to interview your prospective customers or clients whether what they think about it etc. Blanks suggests that it takes around 8 iterations to finalize your model, as after each revision, you are suppose to recheck your assumptions again... watch this video to learn how it is done.

For further details please visit following two websites

a) http://leancanvas.com/
b) http://www.businessmodelgeneration.com/canvas 

Tuesday, December 4, 2012

Where to get the Business Idea?

Those aspiring to start a business are often confused about what product or service idea they should start with. From different experts they get different set of responses, like you should get into a business of selling something about which you are passionate about, or if market demand of it exists, or if you have the skill & knowledge to understand the process of making the product or service available etc.

In my view the above points are not just correct but also mandatory however there is an even more important aspect of setting up a business, i.e. your ability to connect the chain from the supplier to the customer to deliver, and make the cash flow in the reverse direction. If you brainstorming about which business to get into, check two things among your contacts, and contacts of your contacts: