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Optimism high for YEAB's 1st International Conference

By CT Hj Mahmod

Pengiran Dato Haji Abu Bakar meeting the Chinese delegation yesterday.
Despite the challenges of a sluggish economy and an unstable market climate, the young entrepreneurs of Brunei Darussalam still have much optimism coursing through their veins. Instead of seeing this as an obstacle, they view the current situation as an opportunity to learn valuable lessons from.

This a view echoed by the Young Entrepreneurs Association of Brunei, which believes that, 'in every challenge there is an opportunity to be gained'.

One such optimistic local entrepreneur is Fauziah Dato Talib, CEO of Indah Sejahtera Development and Services Sdn Bhd (ISDS). She explained that one of the ways to survive in the intense competitive business world was to look within their company and try to work creatively.

Fauziah Dato Talib emphasised to the Bulletin that, "We are not griping, we are still going forward and that is the quality of an entrepreneur at the end of the day.

"Challenges are there, we are not saying they should not be there, they will always be there, every country faces challenges. It is just the make up of the culture and people within that country that makes a difference. At the end of the day, it is how one deals with those challenges."

This will be the basis during the upcoming one-and-a-half day 'Young Entrepreneurs International Conference', which will be held April 8 till 10. The theme for the conference is 'Sustainable Development Through Entrepreneurship'.

Since its inception nearly three years ago during Apec 2000, the Young Entrepreneurs Association of Brunei (YEAB) which has had a history of active participation with relevant government bodies to foster entrepreneurial skills by conducting seminars and workshops, will mark another milestone by hosting the first-ever Young Entrepreneurs International Conference in Brunei, which will see young entrepreneurs from across the Asia-Pacific region under one roof.

In her role as the treasurer of YEAB, Fauziah Dato Talib went on to explain that the conference will highlight certain areas of concern that will focus more on discovering avenues to overcome challenges and identifying the opportunities that lie in them.

She explained that the topic of discussion will centre on lessons that have not been learnt and why companies fail.

"Failing to fail is one thing, but going to fail is another. Although some of us questions why we are failing, maybe there is a point where we can actually say to ourselves, maybe we have not failed yet, maybe there is enough time to put the brakes on and change our strategy," she stated.

One topic of interest for entrepreneurs will be the first session entitled 'In to Win - Achieving Success as an Entrepreneur' that will be delivered by Mr Evan Carmichael, from Redasoft Corporation, Canada.

His talk will focus on the usual pitfalls of companies that failed, and basically how to look at different areas to ensure that entrepreneurs can get out of the pitfalls or to ensure entrepreneurs will not repeat it when undertaking other entrepreneurial ideas.

International speakers will be flown in, including Mr Dean Cooper, Director of Sapphire Venture Management and Consulting Services, USA and New Zealand, who will deliver a talk on 'Branding Yourself to Achieve Your Entrepreneurial Dream'. The talk will highlight how to be able to project yourself to the public with focus on the essence of being an entrepreneur.

Four panellists from leading investment entities will also be there, such as Mr Robert Miller, CEO of Brunei Financial Offshore Centre, Shiekh Jamaluddin Sheikh Mohamed, Director of Industrial Promotion and Tourism Department, Mr John Perry, CEO of Brunei Economic Development Board, and Hj Razali Hj Yusof, Deputy Acting Director General, Department of Economic Planning & Development.

Currently, some 80 delegates have registered for the event. They mostly comprise local financial institutions such as IDBB, which has a small and medium enterprise centre, members from the Chambers of Commerce, and consulates from Embassies in Brunei who are trying to strengthen trade bilateral relationship.

According to Fauziah Dato Talib, who strongly rebukes the belief that there is "no spirit among the local entrepreneurs", said that the spirit of entrepreneurship has always been around. Bruneians just did not have the knowledge of what steps to take next, without feeling they are in the wrong place.

"If you want to see the spirit of local entrepreneurs, come to conference," she said.

Courtesy of Sunday Bulletin

 
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