had a wonderful time in Military Institute of Science and Technology (MIST) today. We were amazed the way MIST arranged the seminar. We really honored to be presenter/speaker to the huge audience from BASIS.

1. >>>>>>>>
How to become an
ICT Entrepreneur
M Rashidul Hasan, Joint Secretary General, BASIS, jsg@basis.org.bd

2. What is
Entrepreneurship?
• An entrepreneur is a person who seeks a profitable
opportunity and takes the necessary risks to set up
and operate a business.
• Differ from many small-business owners in their
strong desire to make their business grow.
• Differ from managers through their overriding
responsibility to use the resources of the
organization to accomplish their goals.
• Willing to take risks.

3. T Entrepre neurship
IC
as a Career
• There are 800+ software companies in Bangladesh
• Export of software is US $56.57 million in fiscal year 2011-12
• The growth rate of software export is 54 % in fiscal year 2011-12
• No. of IT professionals working within the IT Industry : 20,000 +
• No. of IT professionals working outside IT Industry (including
business enterprises, govt. telecom, NGOs etc.): 35,000 +
• Yearly no. of graduates from IT related subjects: 5,500+

4. Entrep reneurial
Chara cteristics
• Vision - entrepreneurs begin with an overall idea for how to make their
business idea a success
• High Energy Level - a willingness to work hard
• Need to Achieve - entrepreneurs work hard because they want to excel
• Self-Confidence - fearlessness in the face of difficult odds
• Tolerance for Failure - entrepreneurs are not easily discouraged
• Creativity - entrepreneurs devise innovative ways to overcome difficult
problems and situations
• Tolerance for Ambiguity - entrepreneurs take in stride uncertainties.
• Internal Locus of Control - entrepreneurs believe they can control their
own fate

5. Su ccessful
ICT Entr epreneurs
Hasin Emran Tanveer Omi Jahid
Founder, Co-Founder, Founder, ITIW Ex-Developer Founder,
Leevio Right Brain Evangelist, Dwetech
Solution Microsoft
Civil Engineer, BBA, BRAC BBA, IBA Social Science, HSC, FISC
RUET University NU

6. What to do?
• Service or Project Oriented – work for others, outsourcing
• Product Oriented – develop and market your own product
• Software As A Service (SaaS) – develop a product and provide service
• ITES/BPO – IT Enable Services

7. How To Start?
• Need an Excellent Idea – youtube, pageflex, instagram, bdjobs
• Start from Experience – service, freelancing, piloting
• From Successful Career- achieve experience from successful career

8. What You need?
• Idea/Client – need a partner
• A team– need marketing and development team
• An Office – a full furnished office with required logistics
• Finance – need working capital
Abbreviations:
OM=Operational Management
PM=Project Management
R&D=Research & Development
BA=Business Administration
QAT=Quality Assurance Team

9. arting a new
St
v enture
• Need a Project Plan (Template)
• Select a company name
• Set up an office
• Hire some software developers, programmers & administrative
staffs
• Apply for a trade license to City Corporation
• Apply for a Tax Identification Number (TIN) Certificate to NBR
• If this a ‘Limited Company’ need to be incorporated to the
Register of Joint Stock Companies and Firms (www.roc.gov.bd)
to get Memorandum & Articles of Associations
• Apply BASIS Membership (www.basis.org.bd)

10. Finding Fi na nc i ng
• Debt Financing
– Credit Cards
– Family and Friends
– Bank Loans (SBA backed)
• Equity Financing
– Venture Capitalists
– Angel Investors

11. How t o Manage?
• Project Management – MS Project, Net Office, Springloops,
CreativePro Office, Jumpchart, Basecamp, JIRA, activeCollab, Zimbra,
Google
• Client Management – easy CRM, Sugar CRM
• Accounts Management – need an accountant
• Market Plan – need updated market plan
• Financial Forecast– (Template)
• A nice webpage – with having SEO (http://www.accenture.com)
• Corporate Identity – business card, letter head, envelop, etc.

12. Governme nt Support
for New Ventures
• The vision of ‘Digital Bangladesh’ of Govt.
• Govt. Exempted corporate tax up to June 2013
• Govt. is leasing land in Hi-Tech park, Software
Technology Park, Incubator in BDBL Building for ICT
entrepreneur
• The EEF (Equity Entrepreneurship Fund) by Bangladesh
Bank (http://www.bangladesh-
bank.org/aboutus/dept/dept_details.php?dept_id=33)
• Almost 6000+ CSE graduates come from the institutes
every year, which is a positive point for entrepreneur to
hire human resources

13. >>>>>>>>
Thank You
M Rashidul Hasan, Managing Director, Systech Digital Limited, ceo@systechdigital.com