Business,entrepreneurial experiences and the empowerment of the young women. Presented by Barbara Rwodzi Chief Executive Officer House of BarRue Knitwear.

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Presentation transcript:

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

Be yourself and walk tall. Thank you.