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Vivy Yusof

Woman Entrepreneur
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Noor Neelofa

Woman Entrepreneur

Sunday 17 December 2017

LOGO UNIKL


UNIVERSITI KUALA LUMPUR BUSINESS SCHOOL
PRINCIPLE OF MANAGEMENT
GROUP MR76
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Monday 4 December 2017

product of naelofar hijab

             

                             



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Sunday 3 December 2017

SUCCESSFUL STORY OF VIVVY YUSOF


Another success story from Malaysia is that of Vivy Yusof. Like Neelofa, she spotted a gap in the Muslim fashion market. The popular 29-year-old blogger used her social following to grow FashionValet, an e-commerce site carrying leading designer labels from around Asia as well as her own brand of scarves and branded accessories catering to style-savvy young Muslim women.

She and her husband, Fadzarudin Anuar, started Fashion Valet (FV) in 2010, a fashion, e-commerce site that brings homegrown, high-end designers closer to consumers. Back from studying in London, Yusof and Anuar got frustrated during a shopping trip – driving from shop to shop, in heavy traffic under the rain. It was that kind of inconvenience that sparked the idea of bringing online shopping to Malaysia.
Yusof approached designers, asking them to create ready-to-wear pieces for FV. "They were skeptical at first but I urged them to try. I basically introduced the idea because RTW for designers was not that big in 2010," she said. From a MYR100,000 ($24,195) capital, 10 designers and a staff of 20, FV grew to 500 brands and hundreds of staff in just six years with offices in Kuala Lumpur, Singapore, and Jakarta.
It's here that Yusof is choosing to innovate with her brand, capitalizing on the rise in number of women donning the hijab. Under FV, Yusof devied a muslimah urban lifestyle label called dUck, which offers hijabs and soon, some home items and stationery. The name comes from Yusof's own blog and has its own store in one of KL's swankiest malls. The idea came about after she started wearing the hijab and found it hard to find a store that sells all colours in different fabrics. "I wanted a store where they are always available and not sold out – that was the plan."
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GROUP MEMBERS


           Last but not least, this is our group members                                                                                                                                                                                                                                                      
Nabila Fazleen Binti Ahmad Ros
62214117143


Siti Zulaikha Binti Salleh
62212117165

Syakirah Balqis Binti Muhammad
62214117387
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dUCk Scarve Shawl


Here we are include the video of dUCk Scarve shawl 😉

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SUCCESSFUL STORY OF NEELOFA

28-year-old Noor Neelofa Mohd Noor, better known as Neelofa, became inspired after deciding to don a hijab–the headscarf worn by Muslim women to cover their hair. The Malaysian actress and TV host identified a gap in the "modest wear market" and launched a handful of lifestyle brands -- one of them the Naelofar hijab, which now sells in 38 countries, including her latest concession in the heart of London’s upmarket Chelsea district. 

Neelofa credits a big part of her success to entering the market at the right time. Last year, a report by Reuters estimated that Muslim consumers spent $266 billion on clothing and footwear in 2013 -- and it expects this market to account for more than 14% of the global fashion market by 2019.

Apart from building a successful business, Neelofa hopes to inspire a new generation of female entrepreneurs in her country. “I want to use my success as an example to inspire women not just to make money but also to have good confidence in themselves, be strong and not necessarily rely on men,” she says.



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COMMERCIAL VIDEO OF NAELOFAR HIJAB RAYA 2015


Commercial video of Naelofar Hijab for Raya 2015




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PRODUCTS OF FASHION VALET


                            
                                       



                                                   












     
                               
                               
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ENTREPRENEUR SKILLS FOR GROWTH ORIENTED BUSINESS



Entrepreneur is a complex term that’s often defined simply as running your own business. While entrepreneurship is the process of designing, launching and running a new business which is often initially a small business. The person who creates these businesses is called as entrepreneur. Entrepreneurships are likely linking to the economic growth.
The growth intentions of an entrepreneur were influenced by their own attitudes, by the views of other people. For example by observing their spouse, business partner, accountant or banker, and by the perceived feasibility of success. The attitudes of the entrepreneur were influenced by positive factors such as financial implications, contribution to the community and recognition of the community but they were negatively influenced by factors such as work-family balance, additional stress, and potential loss of control. The combination of these influences contributed to the accumulation on an entrepreneur’s growth intentions, which combined with competitive advantage and managerial skills determined the growth outcome of the firm.
Next is views of significant others. Based on the journal, this point discussed about how the others views can lead to growth outcomes. Much of the literature reviewed agreed that the most significant barrier to growth was based upon psychological or motivational factors. If there is not a strong commitment by the entrepreneur / management team to grow the business, then it is unlikely to happen of its own accord. However, even if the commitment to growth is demonstrated, then issues such as management capability, funding, shortage of orders, sales / marketing capacity and poor product / service offering has also been featured in the literature as being the primary barriers to firm growth. Perceived feasibility is one of the factors of growth intention. When the entrepreneur realized what will happen in the future, it will lead to  a business growth. 


https://pdfs.semanticscholar.org/0190/6506aa2d2a689e5c08a019899720972d5b53.pdf
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FACTORS THAT INFLUENCE WOMEN ENTREPRENEUR SUCCESS IN MALAYSIA


Woman is a female human being. The term woman is usually reserved for an adult, with the term girl being the usual used for female children. While woman entrepreneur can be defined as a female who create and lead a certain business. There are a lot of characteristics on how to be a success woman entrepreneurial.
Firstly, women should have the entrepreneurial characteristics. To be a success entrepreneur, women must understand more about those activities and understanding the personality of the entrepreneur must be studied. They need to go deeper on the field that they are chosen and the business selected. Entrepreneurial characteristics are very important to be identified among entrepreneurs as it has received attention all over the world.
Second is need for achievement. A person with need for achievement refers to the one who prefer a moderate difficulty task, accept responsibility and look for the outcomes. Most of successful women entrepreneurs have the characteristics of need for achievement compared to other characteristics. Besides, among risk taking and locus of control, need for achievement is also one of the important characteristics. Furthermore, a higher level of need for achievement can be found in business founders besides its very important for the development of economic and business growth. The achievement behavior is not only encouraging the entrepreneurs to become succeeds but it also avoids being a failure.
Next, need to be a risk taking. Risk taking is also identified as one of the dimension in entrepreneurial characteristics that influence the success among women entrepreneurs. It is described as the willingness of entrepreneurs to involve in the risky work. In another study, risk taking is referred as entrepreneur’s orientation towards taking chances in making an uncertain decision. Another opinion has refer the success of women is whenever the women is willing to take challenge in uncertain decision. Risk taking has been found as one of the characteristics which lead to the success among women entrepreneurs.
Besides, women with self-confident are the women who do not easily give up and also do not have many excuses such as husband and children in achieving their goals. In order to success entrepreneurs in general should believe that they able to achieve what has been set for their goals and they should have a confidence in themselves. Furthermore, entrepreneurs need to be competent with their business and also have high self-esteem. One of the personal characteristics need by entrepreneurs to achieving their success is self-confidence. In addition, among rural women entrepreneurs in Malaysia has defined confidence as the belief of the entrepreneurs towards their business that has been established and also their willingness to face any challenge or unexpected failure in future.
Lastly, Innovativeness has been claimed as core characteristics of entrepreneur. In another study, entrepreneurs have been characterized as innovative as result from their creativity and knowledge. Entrepreneurs should be innovative since the absence of the characteristics might lead to low survival rate among women entrepreneurs. As been mentioned earlier, women entrepreneurs facing a lot of barriers in the path of growing their business.
As a conclusion, the involvement of women in entrepreneur field can enhance the increase in economic growth. A good successful women entrepreneur also can increase the number of job opportunity in their country. Furthermore, business activities also can make people be more creative and learn to be a risk taker especially for women group. With these characteristics, women entrepreneur can help themselves to study and learn more about how to prepare to be a success entrepreneur not only in locally but also internationally. 

http://www.ijrbsm.org/papers/v4-i1/3.pdf

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FEMALE ENTREPRENEUR IN CHINA


Entrepreneurial activity by women in the People’s Republic of China has become more active in recent years with much greater attention being paid within and outside of China. Entrepreneurial behavior is impacted by both motivation and personal characteristics. Entrepreneurial motivations, in turn, are underpinned by the institutional environment as well as push and pull factors.

These two factors internal and external had give a big impact on women entrepreneurship activity in China. The internal factor is from individual push or pulls factors. Push factors include low income, future limitations on employee opportunities, loss of employment, and too much competition for jobs while pull factors include interest in business, self-fulfillment, personal control, and maintain technological skills. External factor is from institutional environment.  The interaction of internal and external factors determines personal entrepreneurial behaviors. External institutional environment and internal push or pull factors stimulate a person's expectations and create the existence of entrepreneurial need, resulting in the formulation of entrepreneurial motivation.

Next is entrepreneurial expectation. In this case, the entrepreneurs need to identify what they expect from the entrepreneurship activities. When they are already list down or know the expectation from the business, they will know what are the needs in order to establish the business or the goals. To be an entrepreneur, motivation also is highlighted in China. Motivation is like bringing them up in whatever decision they choose to do. Motivation can come from personal, family and also the country itself.

Personal characteristic also may be to the next stage which is the entrepreneurial decision. Personal characteristic can be defined as how the entrepreneur reacts on the entrepreneurship activities. As an entrepreneur, they should have positive characteristics on business field such as a broad of networking among others entrepreneur.


All the elements above are the pathway before the entrepreneur making a certain decision on their activities. As a good entrepreneur, they cannot easily making a decision without thinking the advantage and disadvantage from their action.

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