Entrepreneurial Traits : Networked

  

Entrepreneurs can gain management assistance from peers through networking. Networking refers to a process of developing and engaging in reciprocally beneficial informal relationships. Business owner meet regularly with one another to discuss problems that will lead to an exchange of ideas and experiences.

Members also often meet on their own time and build their own one to one business relationships with fellow members. Research indicates it gives an entrepreneur a better chance of success. The entrepreneurs can join organizations such as the chamber of commerce, trade association, or civic club where they can make contacts among business people.

With business networking developing more business and opportunities, many businesses now have created networking activity as part of their business strategy. Business networking is a more cost effective method of generating new business because it involves personal commitment. Example of successful entrepreneurs is Datuk Dr Che Din Rozmey. 

Datuk Dr Che Din Rozmey is a figure who has tasted Malay entrepreneurs and success in entrepreneurship with excellence and exemplary by others Bumiputera entrepreneurs.  Its success cannot be taken overnight but had to perseverance and determination in his heart, he was able to expand its business from a manufacture of health food product. Herba Prima Marketing Sdn Bhd (HPM) which was founded by Datuk Dr Che Din Rozmey with late wife. HPM move so fast when succesfully built a business empire in the last two years. 

Personal networked refers to a network of entrepreneurs who are not formally involved direct contact between entrepreneurs and face to face with parties such as parents, friends, family, former teachers or lectures, members of social associations and youth groups. Business activities do not form the basis of this networked. It can be referred to the relationship with the local community that exists and in various forms of activity and interaction of society and education. Dr Rozmey has strong personal links with his family, especially his late wife, Noor Abdullah Shukri Halawiah. His wife who is also an executive in the company Herba Prima Marketing Sdn Bhd give moral support, labour, business device and information to Datuk Rozmey in the development of the company.

The public network refers to public sources which entrepreneur can use this resource to enchance knowledge, as well as intermediate information with certain parties. Publis sources including magazines, newspapers, books, tv, radio, video, internet and other materials that can be used by entrepreneurs for business development. In addition to reading materials and audio-visual equipment, training programs, seminars and workshops as well as the association may indirectly benefits the entrepreneurs Datuk Dr Rozmey Che Din uses newspaper and the internet as his primary medium to create a public networked.

Business networked also known as formal networked is based relationshipare generally related to business activities. It's more of an entrepreneur relationship with parties outside the business organization. Parties involved with entrepreneurs in these network is that customers, suppliers, banks, accountants, government, business association, personal bodies and the like Dr Rozmey has established business networked with counter Medical Centre (JMC) at the start of his business. The results of this network from depositing cash, Dr Rozmey has access to facilities for the office he began his business empire. In addition, Dr Rozmey establish his business relationship with his customers through customers testimonials and competed slim that he organizes. This once bought a very big impact on his company's performance when the customer testimonials that appears to show the effectiveness of his products in responding to specific health problems.