Latest news with #Entrepreneurship
Entrepreneur
13 hours ago
- Business
- Entrepreneur
Crisis Management: How to be a Better Leader During Difficult Times
In this free webinar, learn how to lead with transparency, turn uncertainty into momentum, and make high-impact decisions when every option feels risky. In business, crisis isn't a matter of if—it's when. And when it hits, your team isn't looking for perfection. They're looking for presence. They're looking for a leader who is going to provide clarity, direction, and momentum. Join us for a free webinar, Crisis Management: How to be a Better Leader During Difficult Times, presented by Oracle NetSuite and Entrepreneur. Featuring special guest Garrett Cathcart–an entrepreneur, non-profit founder, and distinguished military veteran–this webinar will provide you with tried-and-true tips to help you develop the skills that every entrepreneur should learn. From combat zones to corporate boardrooms, Cathcart has spent his life leading through chaos. He's commanded troops under fire, built nonprofits from the ground up, and co-founded a venture capital firm during market turbulence. His secret? It's not about always having the right answer. It's about showing up, cutting through the noise, and giving people something to rally around. And he'll be sharing these lessons with you during this webinar. Moderated by AI Strategist and Business Communication Consultant Dr. Jill Schiefelbein, this conversation will shed light on how leaders in some of the toughest environments imaginable learn to navigate through turbulence and come out on top. Attendees of this webinar will learn: How to lead with transparency when facts are incomplete and fear is high. How to turn uncertainty into momentum—not paralysis. How to make high-impact decisions when every option feels risky. How to keep your team aligned, engaged, and motivated under pressure. Great leaders aren't made when things are easy. They're forged when things fall apart. If you're a founder, executive, or team lead navigating a volatile market—or simply want to sharpen your skills before the next storm hits—this session is for you. The Crisis Management: How to be a Better Leader During Difficult Times webinar will take place live on Thursday July 31 at 12 p.m. ET | 9 a.m. PT.
Times of Oman
26-05-2025
- Business
- Times of Oman
PM Modi highlights entrepreneurial spirit of Northeast, mentions 'crafted fibres'
New Delhi: Prime Minister Narendra Modi on Sunday highlighted the vibrant cultural and entrepreneurial spirit of India's Northeastern states. In his 122nd episode of Mann Ki Baat, PM Modi mentioned the recently concluded Rising North East Summit 2025 and praised the Northeast's initiatives that blend tradition with modern innovation. Prime Minister Modi highlighted Crafted Fibres, a unique fashion brand from Sikkim founded by veterinary doctor-turned-entrepreneur Dr Chewang Norbu Bhutia. Crafted Fibres stands as an example of self-reliance and cultural pride of the Northern states. In his speech, Prime Minister Narendra Modi said, "Just a couple of days ago, I went to the first Rising North East Summit. Before that, we also celebrated the 'Ashtalakshmi Mahotsav' dedicated to the strength of the Northeast. The North East is something extraordinary; its strength, its talent, is really amazing. I have come to know an interesting story about crafted fibres. Crafted fibres is not just a brand; it is a beautiful confluence of Sikkim's tradition, the art of weaving, and the sense of fashion today." "It was started by Dr Chewang Norbu Bhutia, a Veterinary Doctor by profession. He thought, "Why not give a new dimension to weaving?" And this thought gave birth to Crafted Fibres. He doesn't just make clothes; he weaves lives. He provides skill training to local people, making them self-reliant," PM Modi said. Held under the leadership of Prime Minister Narendra Modi and led by the Ministry of Development of North Eastern Region (MDoNER), the two-day summit brought together investors from across the globe, reaffirming that the Northeast is not just a region but a strategic growth corridor for Viksit Bharat. The Rising Northeast Investors Summit 2025 concluded with attracting investment commitments of Rs 4.3 lakh crore, according to an official statement. Several landmark Memorandum of Understanding (MOU) were signed with major national and international investors across key sectors. During the summit, the Sikkim government signed an MoU with SM Hotels and Resorts with an investment intent of Rs 250-300 crore. The Arunachal Pradesh government also signed an MoU of Rs 150 crore with the Farm Native Group. The Meghalaya government signed a Rs 4,000 crore MoU with Agri-Bio Fuels Global Ltd. The Meghalaya government and Inlambi Pvt Ltd signed an MoU for Rs 1,000 crore. The Manipur government also signed a major MoU of Rs 1,000 crore with Inlambi Pvt Ltd. The Tripura government signed a Rs 500 crore MoU with the Sri Sri Ravishankar Vidya Mandir Trust for Sri Sri University and an Ayurveda College and Hospital. Beyond the marquee MoUs, the summit recorded a total of 803 investment intents through roadshows, B2G meetings, and PSU/public-private proposals. Roadshows held across states contributed Rs 99,533 crore in interest; PSUs brought in Rs 1.27 lakh crore; industrial houses pledged Rs 1.58 lakh crore; and B2G meetings during the summit itself resulted in over Rs 18,600 crore worth of commitments, as per the release.
South China Morning Post
25-05-2025
- Business
- South China Morning Post
Study Buddy (Explorer): China's ‘Dairy Godfather' and his booming ice cream empire
Content provided by British Council Read the following text, and answer questions 1-9 below: [1] The story of China's 'Dairy Godfather', who went from an abandoned baby to the head of a 3-billion-yuan (HK$3.25 billion) ice cream empire, is one of resilience and vision. Niu Gensheng, 67, founded the corporate giant Mengniu Dairy and created Aice, an ice cream brand popular across Southeast Asia. [2] Niu was born into poverty in Inner Mongolia, a region of China known for its vast grasslands and deserts. His parents struggled to make ends meet. Unable to care for him, they sold him to a cattle farmer, who adopted him for 50 yuan (HK$54) shortly after he was born. When Niu was eight, his adoptive father lost his money, forcing Niu to sweep the streets and do hard labour with him. Later, both his adoptive parents died. [3] In 1983, Niu became a bottle washer at a local dairy factory, which later became Yili, one of China's leading dairy companies. Over the next decade, he worked his way up to workshop director, gaining a deep knowledge of the dairy production process. [4] By 1992, Niu was promoted to Vice-President of Production and Operations at Yili, where he reportedly earned an annual salary exceeding 1 million yuan (HK$1,086,500). Despite his success, Niu faced rumours and fierce competition at Yili, leading to his resignation. But he did not give up on his dream of building China's largest dairy company. [5] Niu used his experience and resources to launch Mengniu Dairy in 1999. At the time, his former employer, Yili, already had assets worth billions. Niu's unique marketing strategy focused on rural markets, using local dialects in advertisements and low prices to attract customers. [6] By 2004, Mengniu's revenue reached 7.2 billion yuan (HK$7.8 billion). The following year, it surpassed Yili to become China's top dairy brand. After building the Mengniu empire, Niu set his sights on the Southeast Asian market, which many other entrepreneurs had overlooked. In 2015, he launched Aice, an ice cream brand targeting Indonesia's market. [7] Niu adopted the same strategy focused on small profits and high volume, with prices ranging from 900 to 1500 IDR (HK$0.42 to HK$0.70), making 'quality ice cream affordable for everyone'. Aice introduced popular flavours like durian and coconut milk coffee ice cream, catering to local cultural and religious preferences. They also provided small shops with free freezers and electricity subsidies to support local vendors. [8] Today, Aice operates in more than 1,200 districts across Indonesia, with more than three billion yuan in annual revenue, securing its position as Southeast Asia's top ice cream brand. Niu describes his business philosophy as 'not about making the rich more grand, but about allowing the poor to live with dignity.' Niu is also deeply involved in philanthropy, funding initiatives that build schools across China and help children with serious illnesses in Inner Mongolia. Source: South China Morning Post, April 13 Questions 1. In paragraph 1, Aice is … A. the name of a company. B. an ice cream brand. C. an ice cream flavour. D. Niu's nickname. 2. Why did Niu's parents give him away, according to paragraph 2? 3. In paragraph 3, what did Niu do when he first joined the dairy factory? 4. According to paragraph 4, Niu's goal was to … A. become the vice-president of a dairy company. B. earn more than one million yuan every year. C. build China's largest dairy company. D. none of the above 5. In paragraph 5, what geographic areas did Niu's unique marketing strategy focus on? 6. Find a word in paragraph 6 that means 'failed to notice'. 7. Decide whether the following statements about paragraphs 6 and 7 are True, False or the information is Not Given. Fill in ONE circle only for each. (4 marks) (i) Aice is extremely popular with young children and university students in Indonesia. (ii) To help small stores, Aice provided them with freezers and financial help for electricity costs. (iii) Yili was China's top dairy company in 2005. (iv) Aice only offers flavours in Indonesia that are popular with Chinese customers. 8. According to paragraph 8, how does Niu help children in Inner Mongolia? 9. Arrange the following events in Niu's life in chronological order from 1 to 4. (4 marks) Aice is a popular ice cream brand in Southeast Asian countries like Indonesia and the Philippines. Photo: Handout Answers 1. B 2. They struggled to make ends meet and could not take care of him. 3. He washed bottles. 4. C 5. He focused on rural markets. 6. overlooked 7. (i) NG; (ii) T; (iii) F; (iv) F 8. He funds initiatives that help children with serious illnesses in Inner Mongolia. 9. (a) 3; (b) 4; (c) 1; (d) 2
Irish Times
24-05-2025
- Business
- Irish Times
Some 140 Irish business leaders head to Japan as part of Entrepreneur of the Year retreat
Some 140 Irish entrepreneurs and business leaders have travelled to Japan on what's being dubbed the biggest unofficial trade mission to the Asian country. The trip has been organised by EY as a CEO retreat that is part of the Big Four firm's annual Entrepreneur of the Year (EOY) programme. The visit includes the 27 Irish entrepreneurs representing 24 companies who will vie to win awards across three categories – emerging, established and international – later this year. The overall Entrepreneur of the Year is then chosen from the three category winners from a panel of judges chaired by Harry Hughes of Portwest. Former EOY winners and finalists are also making the trip to Japan. READ MORE The group will meet local business leaders, academics and Irish agencies during the weeklong trip. [ Shortlist for 2025 EY Entrepreneur of the Year awards revealed Opens in new window ] In a busy itinerary, they will visit the Tokyo Stock Exchange, be hosted by Japanese corporate giant SoftBank and meet with its president Kunihiro Fujinaga and executive vice-president Daichi Nozaki. They will also meet the Irish Ambassador Damien Cole to discuss Irish-Japanese business ties, travel to Osaka for the World Expo, and have a 'mini MBA' experience at Hitotsubashi University. Japan is the world's fourth largest economy and is Ireland's second largest trading partner in Asia Pacific. Many of the entrepreneurs travelling to Japan are already conducting business there, while others are seeking to expand their markets. Commenting on this year's retreat, Roger Wallace, partner lead for EY Entrepreneur of the Year said: 'This year we are taking the biggest ever cohort of entrepreneurs on the retreat. 'Japan is renowned as an innovative leader across various industries, including manufacturing, electronics, automotive and robotics, with world-class Japanese companies such as Sony, Honda, Yamaha. This retreat is an opportunity for Irish entrepreneurs to delve deeper into new market opportunities in Japan and expand their knowledge of business and trade in the region.' The finalists in the emerging category are: Alan Doyle of Aerlytix; Eoin Cluskey of Bread41; Eddie Dillon of CreditLogic; Laura Dowling of fabÜ; Caitríona Ryan & Nicola Ralph of Institute of Dermatologists; Liam Dunne of Klearcom; Aidan & Hilary O'Shea of Otonomee; and Áine Kennedy of The Smooth Company. In the established category, the finalists are: Karl Fitzpatrick of Chevron College; Derek Foley Butler of Grid Finance; James Kelly of LMH Engineering Group; William McColgan of McColgans Quality Foods; Gareth Sheridan of Nutriband Inc; Terry Hughes of Pivotal; Larry Bass of Shinawil; and Gary Lavin of VitHit Drinks. The international category finalists are: Donnchadh Campbell of Europlan; Conor Buckley of Granite Digital; Seamus Fahey of ICS Medical Devices; Brendan Noud and Desmond Anderson of LearnUpon; Brian McGrath of MSL Engineering Limited; Martin Tierney of Seating Matters; David Corcoran of Soltec Ireland Ltd; and Edward McCloskey of WaterWipes. The EOY programme is supported by Enterprise Ireland, Invest NI and Julius Baer, with The Irish Times and Newstalk as media partners. Some 650 alumni have come through the EOY awards programme since inception. According to EY, three-quarters of them conduct business with one another. Together, EOY alumni generate revenues in excess of €25 billion and employ more than 250,000 people across the island.
CTV News
22-05-2025
- Business
- CTV News
Nova Scotia students awarded entrepreneurial grant
Ministerial Assistant to the Minister of Education and Early Childhood Development Brad McGowan with the finalists for the Minister's Entrepreneurship Award of Excellence. (Source: Province of Nova Scotia)
