assalamualaikum wbt to all of you...
I would like to share something with you about the movie I watch recently. The title of the movie is 'The Billionaire'. This movie is about the young entrepreneur (Top) who had a lot of trouble to success. I would like to suggest you watch this movie if you interest to be an entrepreneur.
Then, I have been learn about the strategy formulation which is Porter's 5 Force. This formula will help you to make a decision if you like to open the business or to enter the market. For example, i want to open a business which is book business. Here are the formula to use:
-The supplier: ink, paper, author, publisher, printing and so on
-The buyer: academician, student
-The rivalry: Oxford, Fajar, Telaga Biru and so on
-The subtitute: apps, xerox, digital
-New entrant: for this section, you think it is hard or easy to enter if you take a look at above section. For me, it is hard to enter because of substitute nowadays using technology such as digital book and apps that allowed you to download the book.
I think only this for today.
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