9 out of 10 ways of Rizq can be found in business - Prophet Muhammad

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Mr. Isphanyar Bhandara is a Pakistani businessman, politician, and parliamentarian. Mr. Bhandara joined his family business in 1998. After working at various departments/positions within the company, he was appointed as Chief Executive Officer of the Murree Brewery Group of Companies on the demise of his father in June 2008. He has represented and helped many Minority communities of Pakistan like Parsis, Sikhs, Baha’is, Buddhists, Kalash and others.

 

History of the Brewery

Murree Brewery is a public limited company and the oldest company on the sub continent’s stock exchange.It started in 1860 in Gohra Gali, Murree mountains. Founded by the British at the time of the Raj to cater for the needs of the British troops stationed in present day Pakistan, it continued to work at Gohra Gali from 1860 to about 1890. Then it was shifted to Rawalpindi, at present location. It came into our family in 1947 when my grandfather bought over the majority shares from the British at the time of partition and one had to decide whether he had to be on Pakistan side or the other, and my grandfather decided to buy the shares and stay on

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Major Products

We make very famous brands like Bigg Apple & Lemon Malt, we make non-alcoholic beers, we make fruit juices and we make mineral water. I must say that all the drinks that are available in the market, don’t have nutrition in their products, whereas our products are made from malt and barley. Moreover, other drinks are color based; they don’t have a any nutritional value. I do not allow my young children to have energy drinks and other color drinks because they are not good for health. Our products are not artificial; they are actually made from malt, wheat and barley.

So other than alcoholic products, we have a long range of non-alcoholic products, beverages juices, ketchups. Everything we do, we do ethically. We are ISO 9000 certified. We have certification from the government of Punjab, from federal departments, PSQCA and we have ‘hilal’ certificate for our non-alcoholic products

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Company Policy

We do not compromise on quality. We keep quality conscious staff and we do not compromise on raw materials and most of our raw material is imported.

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As a Member of Parliament

During last three years as MNA, despite the limited resources, I did my best to serve the community. An MNA gets only two to three crore rupees in one year whereas, an MPA gets about fifteen to twenty five crores. So whatever limited resources I received, I put it in my constituency for the welfare of Kalasha people. We have given projects and
schemes worth two crore rupees in Kalasha. I have built small community centers in South Punjab and interior Sindh for minorities. I have helped them through my own pocket and via the government but I would appeal and protest with my own government that the funds being given to MNAs is a laughing stock. In such a situation how can you expect from any one to deliver. People also expect projects to be executed, financial aid to be given. The funds are less, but I have done what I can do in my limited capacity and will continue in future also.

Present Govt. Policies & Business Environment

The business environment in Pakistan is not friendly. Government departments try their best to harass business
people as well as corporate houses, which discourages growth and businesses in general. The present government
is trying to improve policies, promoting business environment but the bureaucrats, as per their old habits, are not supportive of the vision of our Prime Minister. Corruption and creating hurdles have become a mindset.
A businessman is seen in this country as a fat cow. When you will squeeze a businessman, he will cry, he will shift
his industry to Bangladesh, China or somewhere else. Then why are you yelling at foreigners to come into Pakistan?
Why are you begging when your own businessman is suffering? The Prime Minister has made it very clear that
we want business. But the flawed bureaucratic policies are not made by the Prime Minister or the Finance Minister.
A bureaucrat in this country has too much power, which should be curtailed.

Message to the Nation

There is a message which a German told me, He said; look at Germany which was totally destroyed in World War II. Look where they are today. Look at Japan which was totally destroyed. Look where they are today; almost number one economy in the world, just a small island. I am a Pakistani, and I am proud of it. The problem with our people is that whether he is rich or poor, everyone wants to become Bill Gates overnight, without any hard work. Bill Gates became Bill Gates over a number of years, twenty years, thirty years or his lifetime. If I became rich, my elders did
their work, twenty years, thirty years or forty years. But I shall not blame every Pakistani. Generally, a person who became rich, he became rich overnight. Now when a poor person looks at him, he thinks, if he can become rich overnight, why not him/her? So he also tries to do similar things. Hence, no one wants to work honestly. Everyone is in search of a short cut. But this tendency will not work; it’s a curse. We have to abandon this mentality and have to work hard, day and night, to move forward.

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TIE Lahore Chapter, a non-profit organisation fostering entrepreneurship worldwide hosted an event on Innovation in Energy-IOT at Royal Palm on August 26, 2016. TIE Lahore Chapter was founded in 2002 with the efforts of Syed Babar Ali. TIE Lahore focuses on fostering entrepreneurial culture among the young generation. It also provides mentoring and coaching to new entrepreneurs and organises discussion forums for various entrepreneurship ideas.

The keynote speaker for the program was Mr. Nadeem Babar who is a senior executive with extensive experience in power generation, infrastructure, finance, and education. He has managed a number of power plants and is also active in public sector development. Mr.Masroor Khan was the moderator for the event. Mr. Masroor Khan has been connected to the financial sector for the past 25 years. It is to his credit that a number of large projects leading to development of high quality products and services were undertaken and successfully completed.

Three startups participated in the panel discussion who discussed their venture. The startups were Wattie,Pakshine and Jaan Pakistan. Wattie is a smart energy monitor which is installed in electricity distribution box.It connects to internet and sends real-time energy consumption data to our back-end infrastructure where the data is processed and deep action-able insights are generated which can be translated into tangible benefits. Pakshine is a LUMS-based startup that has developed a product that can convert any existing UPS into a solar hybrid UPS to make solar energy affordable for wider market segments. Jaan Pakistan is a social startup with a mission to provide affordable energy solutions to low-income communities.

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The moderator for the panel was Mr. Attique Ahmed. He passionately believes in technology which empowers customer experience. He has 15 years of experience in audio/video industry and has expertise in mechanical engineering. The event added value towards possible solutions towards energy crisis. Mr. HumayunMazhar, President TIE Lahore Chapter shared the future road map for the chapter.

The event ended on high note with active participation from the relevant industry, startups, incubators and accelerators. They applauded the efforts and greatly appreciated the format of the program.

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Deadline: 5th Sept 2016

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Lahore, Pakistan-August 12, 2016-

Pakistan has been into existence since long sixty-nine years. The country has been moving towards new, innovative scientific advancements but it has yet to come in alignment with other progressing countries.

Our youth searches for ample opportunities seeking a unique platform. Plan9 – PITB’s Tech Incubator being the largest technology incubator does exactly that & caters to the changing demands and needs of young individuals. The more confidence and motivation the younger generation has, the more the country will move towards growth and prosperity. “For quite some time now, Pakistan has produced exceptional startups who have raised considerable investment. Our aim is to bring them together on one stage so they may help motivate and inspire budding entrepreneurs. –Umar Saif, Chairman PITB.

To celebrate the festivities of Pakistan’s independence, Plan9 held an event, ‘Pakistani Startups Making Waves’ powered by ATX+PAK Launch Entrepreneurship Program to celebrate the success of our local entrepreneurs who have contributed to the growing success & brilliance of Pakistan.

Plan9 brought together a star studded panel of five renowned and self-esteemed individuals; Suneel Munj representing Pakwheels.com, Husnain Sheikh Chairman & CEO inov8, Monis Rahman, Chairman ‘Naseeb Networks’ representing rozee.pk, Qasif Shahid from Finja and lastly Imran Ali Khan, Co-founder Zameen.com. These individuals gave the audience an insight on their entrepreneurial journey and how strategically they moved to raise funding for their early initiatives. The panel was moderated by Nabeel A. Qadeer, Director Entrepreneurship and Enterprise Development, PITB.

Monis Rehman: Investors invest in you, your team, your people.

“You get sales, people see your growth, you get investments which is the secret sauce”

“Sales is most important for your startup. Build a product that works”

Husnain Sheikh:

“Inov8 was a failure till 2008. We persevered,you have to get through the tough times”

“Unless you fail, I don’t think you can succeed. It’s how you reinvent yourself.”

Qasif Shahid: FinTech on phones will make online payments much more easier-

FinTechs will come out on top”

Suneel Munj: Its all about sales and revenue!

Making some rupees is better than stating millions on an excel sheet

“For most of us sales is a 0 sum game, for me sales is a positive sum game”

“Give your #brand a personality”- Humayun Haroon shared his Patari music journey

Our alumni startups Patari, Car Butlers, Car Chabi, Wifigen, Transparent Hands, Mezaaj, Vivid Technologies and Affordable.pk also took the stage to give the audience a glance at how they started from scratch and where they are today. Registrations started flowing in abundantly and it was an event attended by some of the very best names of the industry. So don’t miss out on the next opportunity to get some amazing insight and ideas in the field of entrepreneurship and be sure to grab a seat at any upcoming event. Catch all the updates of the event on the following links:

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Founded by a brilliant female entrepreneur, BeautyHooked, an on line  platform to connect women with beauty services and online bookings at  beauty salons, has secured a seed round from Fatima Ventures, a local s  seed-stage fund supported by Fatima Group. The seed fund amounts to  $280,000 which is the first time ever in Pakistan to be achieved by a  women-led startup.

IMG_2960 Since its founding in 2015, BeautyHooked has been gaining tremendous  traction, catering to a market based primarily in Lahore for now. The  beautyHooked team is comprised of Sahr Said who is the face of the  company, Sidra Talha, the head of operations and Abdullah Ahmed who  has developed the entire technology of the company. After winning  Startup Weekend Lahore in first place, the startup was offered incubation  at LUMS Center for Entrepreneurship. Sahr attributes one of the success  factors of her company to Startup Weekend Lahore for helping her find a  team and to LUMS Center for Entrepreneurship for giving her idea the push it very much needed to kickstart and take her to the level she is at today.

Sahr Said, Founder and CEO of BeautyHooked, while commenting on the funding said, “We had investment offers from multiple investors but we went with Fatima Ventures because their strategic goals aligned with ours.” BeautyHooked being the first women-led startup to raise seed investment, Sahr commented that her vision is to empower women and while she did not have an example before her, she aims to be the light-bearer for others.

In addition to its plans to expand to other cities of Pakistan, BeautyHooked is also gaining traction internationally where a huge Qatari-corporate business has approached the business with plans for expansion in the Middle East.

About BeautyHooked

BeautyHooked is an ecommerce platform that allows women to find, book and review beauty appointments at salons and spas. It acts as an aggregator between customers and beauty businesses, allowing them to search and book best beauty services 24/7. The company was founded by Sahr Said in 2015 and was a part of the third cohort of The Foundation at LUMS Center for Entrepreneurship. You can know more about BeautyHooked from their website: Beautyhooked The founder, Sahr Said, can be reached at 0321-8235570

About LUMS Center for Entrepreneurship

LUMS Center for Entrepreneurship (LCE) is Pakistan’s most comprehensive experiential development platform for budding entrepreneurs that formalizes the process of scouting, grooming and facilitating passionate startup founders. Gust and Fundacity recently rated LCE the #1 accelerator in Pakistan and #11 in Asia. Since its inception in May 2014, LCE has mentored over 130 entrepreneurs who have created over 400 direct jobs and provided better economic and livelihood opportunities for thousands more. LCE graduates have already generated PKR 200 Million in revenues and are valued at PKR 1.5 Billion backed by approximately PKR 150 Million in investment capital by local and foreign investors. 

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No one can deny the talent and potential of young Pakistani startups. Patari, Pakistan’s largest Pakistani music streaming platform, just grabbed the 2 nd position at World Startup Cup 2016.

Now, six startups from the Punjab Information Technology Board (PITB)’s technology accelerator, Plan X, will be traveling to USA for taking part in the “ATX+PAK Launch Entrepreneurship Exchange Program”. This program will be held at Austin, Texas.

The 6 lucky startups are:

1. Affordable.pk (a marketplace for fashion followers)

2. Babyplanet (an e-commerce website dealing with baby accessories)

3. BookMyUmrah (an information portal that provides details of travel, flights, and stay for Umrah)

4. ClubInternet (a technology and education website that seeks to provide basic Internet services to everyone)

5. MangoBaaz (an online entertainment and information platform)

6. Virgin Teez (a marketplace for customized t-shirts with a charitable cause)

This entrepreneurship program is a joint effort by Plan9 and city of Austin for promoting startups and providing them with an environment for growth. For getting selected, a startup will need to submit an evaluated application and a series of interviews conducted by the Plan X panel.

However, before selection, startups have to meet the following requirements to be eligible for the program:

i. The startup should be globally scalable and must have a functional technology product or service.

ii. There should either be a source of revenue for the startup or a large user-base.

Under this program, six startups are selected after a period of six months each. After selection, the startups are sent to the Texas incubator in Austin for mentoring and training. The main is to provide startups with the chance to access funding and advisers from global sources. It will provide these startups with international exposure and the chance to grow globally as well. The program will provide a funded and well-equipped workspace for these startups so that they can improve on their products and/or services. They will also have the opportunity for networking and attracting investors for funding the startups.

The six selected startups will be traveling to Austin in October, later this year. This is the second group that is being sent, as part of the ATX+PAK Launch Entrepreneurship Program. Application for the third cohort will start in November 2016. Interestingly, the award winning Patari was one of the startups that were part of the first group of the ATX+PAK Launch Entrepreneurship Exchange Program.

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In order to give a head start to the young to-be entrepreneurs of the country, Entrepreneurship Development Institute (EDI) has organized a fortnightly training program by the name of “Startup Boot Camp”. The first training session was launched on the 30th & 31st of July, 2016 (Saturday & Sunday).

This two day weekend program for student entrepreneurs comprises of  training modules, practical activities,  interactive discussions,  networking, lunch, tea and certificates.

 The five training modules are as follow:

  1.  Evaluating and Prioritizing Business Opportunities
  2.  Market Research
  3.  Selling and Promotions Plan
  4.  Resources Required in Building a Startup
  5.  Financial Considerations

10 student entrepreneurs participated in the first boot camp session. Some of their business ideas were:

  • An engineering solutions firm for oil and gas companies
  • A women skill development center
  • Educational trainings in Gilgit Baltistan
  • Online tuition center for kids
  • Falooda

Over the course of two days, the students were thoroughly trained on the know-hows of starting a business. Three startup founders from the industry also shared their personal and professional experiences with the participants. They were:

  1. Shahid Rana (Founder – Delivery Ten)
  2. Ali Qasim (Founder – KnowWhere Solutions)
  3. Nasir Ayub (Spectra Trainings)

The 2nd Boot Camp Session will be held on the 20th & 21st of August, 2016 (Saturday & Sunday). This is going to be one thrilling weekend, with   lots of fun and learning.

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1. They are confident

With confidence, you have won before you have started.
 —Marcus Garvey—

Tough people have the notion of succeeding because they are positively confident about it. According to a study conducted at the University of Melbourne, it was proved that confident people earned higher salaries and got promoted quickly.

2. They embrace change

Mentally tough people are flexible. They are seen constantly adapting to the shifting scenarios and situations in their surroundings, hence they easily accept and conform to change. They have an open mind and identify the opportunities that the change agent brings.

BSJ-Mental-Toughness-426x2503. They embrace failure

The road to success is paved with failures of all kinds greeting you at every end, slowing you down. Mentally tough people know this but instead of letting these failures define them, they persevere and rise above. No one ever experienced greater success without overcoming failure. It is failures that push your limits and make you think differently.

4. They don’t dwell on mistakes

Mentally tough people don’t get fixated on mistakes or the problems that they are faced with because they know it causes nothing but stress and prolongs negative emotions.

5. They won’t let anyone limit their happiness

Mentally tough people are the master of their own happiness. They don’t go on making comparisons with others to define and determine their satisfaction. Also, they don’t require validation from others regarding what pleases them.

images 6. They are emotionally intelligent

They say if you can master emotional intelligence, you become mentally  tough. Emotional intelligence is the keystone, know this. Mentally tough  people understand and tolerate negative emotions and put them to use to  achieve productive outcomes.

 

7. They neutralize toxic people

Mentally tough people keep their emotions in check. When they encounter toxic people, instead of adding fuel to the fire by getting frustrated, they exhibit rationality.

8. They say ‘no’

They make sure that when they are saying ‘yes’ to people, they are saying ‘yes’ to themselves. Mentally tough people say a ‘no’ straight up because it is healthy. They don’t want to say ‘yes’ to please people and regret it later. They also demonstrate self control by avoiding impulses that bring them harm.

Are you mentally tough?

Power of Words
When I was young, I observed that nine out of 10 things I did were failures. So I did 10 times more work.

– George Bernard Shaw –

Learn to dream. Without dreams people go blind.

– Qaiser Abbas –

Be not afraid of going slowly. Be afraid only of standing still.

– Chinese Proverb–

Dreams decide what you want in life, determination shows how far you want to go.

– Mohsin Lodhi–

Give your dreams all you’ve got and you’ll be amazed at the energy that comes out of you.

– William James–

Whatever you have achieved, don’t just maintain it, sustain it

– Jehangir Khan Tareen–

Put your heart, mind, intellect and soul even to your smallest acts. This is the secret of success.

– Swami Sivananda–

God gives every bird its food, but He does not throw it  into its nest.

– J. G. Holland –

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This Summer: Get On & Stay Connected.

EDI summer courses can help you get ahead in your business startup and stay connected to existing startup founders and mentors over the summer. EDI is offering One Month Courses and Startup Boot Camp during the weekends. Taking just one summer course can put you on track to develop your business idea or launch it from product development to sales.

Entrepreneurship courses will be an opportunity to understand the benefits of being an entrepreneur and will offer a step by step guide to launch a venture. It will also explore new channels of marketing and communications which are impacting businesses now, as well as looking at future developments.

Click here to explore the courses offered at EDI.