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ENTREPRENUERIAL
SIMULATION
SEMESTER FEBRUARY
NAME OF ENTREPRENEUR
SESI 2019/2020
1
APPRECIATION
ASSALAMUALAIKUM,
Praised is presented only for Allah almighty disposer of all things. peace
and blessing be opon beloved Muhammad SAW leaflets bearing the
revelation to illuminate be universe, the companions, his family, all the
scholars and lovers of islam througout the world.
Thank to the god that we can complete the assignment on the interview
report Mrs. Faiza Bawumi Sayed Ahmad to be submit to Dr. Muhamad
Saufi bin Che Rusuli very well. By making this assignment we can add
knowledge and understanding about entrepreneur behavior.
Our assignment was explain about the journey of Mrs. Faiza Bawumi
Sayed Ahmad to become one of the successful entrepreneur in malaysia.
Finally, we thank the lecturers who thought us Dr. Mohamad Saufi bin Che
Rusuli has been providng guidline and information on how to making this
assignment. Thank also to friends who give lessons,information and
shared idea.
2
NO TILTE PAGE
1 APPRECIATION 3
2 A. INTRODUCTION 4
4 C. COMPANY BACKGROUND 8 - 12
8 REFERENCES 26
CONTENT
3
A. INTRODUCTION
B. ENTREPRENEUR BACKGROUND
4
neighbours. Hajjah Faiza was the wife of the late Abu Bakar Ahmad and
had 7 children. She is a diploma graduate student in the field of sewing.
Apart from that, before becoming the managing director for Syarikat
Faiza Sdn Bhd, she has ventured into several fields, namely as a cashier,
sewing handkerchiefs, making and selling curry spices and opening retail
stores. This gentle woman is actually a firm person. she wants to ensure
that the established company needs to be on the right track and record a
profit every year. Hajjah Faiza, who was born into a family who is also
active in business and has been involved in business since childhood, she
used to be a cashier in her father's shop. The experience prompted her to
take a serious interest in business. Her soul that is interested in the
business world has motivated her to produce a profitable business and
from there began the formation of Syarikat Faiza Sdn Bhd.
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found that rice wholesalers were mostly supplied by other races. She
started learning different types of rice. Hajjah Faiza applied for a rice
wholesaler license and sold various types of rice including ponni,
basmathi, fragrant rice and Siamese rice after receiving positive feedback
on her survey efforts from one store to another to get a response on
whether they would buy her rice if she sold it. Customers who subscribe to
her spices also buy rice from her because they have faith in her.
Hajjah Faiza not only became the Managing Director of Faiza Company,
but also worked hard to ensure the smooth operation of the company and
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was also involved in a factory project owned by Faiza Company worth
RM14 million in Sri Gading, Batu Pahat. Her success now is not easily
achieved, but after overcoming all the challenges of 43 years in the
business world. Hajjah Faiza said all the efforts made were not to
accumulate wealth but to become the largest zakat payer in Malaysia thus
helping more people in need.
The experience of going down to the field to approach the lives of the
poor and single mothers made him intend to set up the Faiza Foundation
one day to manage welfare and donations to the public, especially the
poor and single mothers to enjoy a better life. "The pleasure available
should be shared with those in need, especially the poor and single
mothers", said Hajjah Faiza Bawumi Sayed Ahmad, at national-level
Maulidur Rasul figure in 2010.Puan Faiza, who is the Managing Director of
Faiza Sdn Bhd, which is synonymous with the "Bersamamu" charity
program, TV3 because the company is the main sponsor of the show, said
her intention now is to set up the Faiza Foundation to help the group.
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Figure 3 shows : Opening of Faiza company affairs and sales office
Hajjah Faiza suggested that Muslims in this country should live together
so that they are not easily oppressed by other races and strong relations
among Muslims are not only able to develop the Muslim community in this
country, but also able to improve the economic position of the community.
Hajjah Faiza said her experience in business, including dealing with other
nations to open her mind to awaken the Muslim community, particularly
the Malays of the need to practice mutual assistance to each other as
practiced by other nations. She always emulated the personality of the
Prophet Muhammad S.A.W in carrying out daily life, especially the trust
and perseverance of the Prophet in carrying out business as well as in
carrying out his responsibilities as a leader.
C. COMPANY BACKGROUND
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development economy. In moving towards the era of globalization, in
Malaysia its people can no longer rely on the government to provide
employment. The work culture in Malaysia now leads to working with the
private sector or self-employed. Therefore, every individual needs to be
smart in seizing opportunities, especially in business by becoming a
successful entrepreneur and can develop with the passage of time.
Therefore, realizing the importance of entrepreneurship for the economic
growth of the country and to produce capable and competitive
entrepreneurs, the focus should be given to entrepreneurship education.
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owned by the owner of the company itself. In 1992, his company turned
the business entity into a company Sdn. Bhd.
In 1997, the company entered into a joint venture with Bernas and
became a member of the Bernas group. Currently, the rice factory of
Syarikat Faiza Sdn. Bhd. operates on a site of 40 000 square feet and uses
high-tech equipment. The company is close to residential park areas such
as Taman Mutiara and Taman Sri Panchor. Thus, it makes it easier for this
company to grow more advanced because the locals can buy products
sold by Syarikat Faiza Sdn. Bhd.
Syarikat FAIZA Sdn. Bhd. (SFSB) has also produced other paddy
production in line with consumer demand such as Basmathi, Fragrant rice,
Thai Super Special and Local rice. SFSB has been known for its high-
quality products, one hundred percent made in Islam and halal.
In the early 90s, the company took advantage of the sensitivity of the
society at that time to the way of making and content of food. The
company started introducing a kind of quality rice category from
Kartanaka, India. This rice is a type of "Ponni" rice. After seeing the
potential of "Ponni" rice, SFSB introduced the rice which is believed to be
good for health, especially for people with diabetes, obesity and high
blood pressure. To this day under the Taj Mahal brand, Ponni herbal Faiza
rice has been distributed throughout Malaysia.
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Figure 5: Shows some branch locations of this
company
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Faiza company sets the target of their customers, namely the
community who want to take care of health because the quality of rice
produced is for those who want to take care of health. In addition, the
target customer is the Muslim community. This rice is made from halal
ingredients that can give confidence to the Muslim community who
prioritize halal food items. This company runs its retail business as its
core.
When Puan Faiza migrated to Malaysia with her husband in 1964, she
quickly became accustomed to the life of Malaysian society and was able
to master Bahasa Malaysia in just three months. Due to that, Puan Faiza
now considers herself a Malaysian. Due to her husband being busy
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working, she wanted to open her own business because she did not have
a job. With the attitude that is in herself, she is very brave to take the
open risk to open his own business by taking a wage to sew embroidery
for only RM4 and sell various kitchen items around her housing in Batu
Pahat, Johor. Puan Faiza is very passionate about the small business she
owns because she is very interested in business. Apart from that, she also
sells homemade curry spices. Due to the fact that at that time, she did not
have much clear competition, her business selling homemade curry spices
was very encouraging. A few years later, Puan Faiza started buying a large
grinder and opened a grocery store with the capital of the sale of
homemade spices that she had done.
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"Bersamamu" to help more people in need. Although his business has
been successful, she remains responsible and honest in marketing quality
products to maintain the good name of the company and market her
products to a higher market level. This proves that Puan Faiza is a very
disciplined and responsible entrepreneur.
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sales. From there, she found that rice wholesalers were mostly supplied by
other races and became an inspiration to her to supply halal rice to
Muslims in Malaysia.
Faiza Rice products cultivated by Puan Faiza are well received by the
local community despite the fierce competition. She guaranteed that the
product she was working on was of high quality, one hundred percent
made by Islam and Halal. She hopes that with the involvement in the
production of the product, it will give the Muslim community the option to
get a high quality product and without hesitation to doubt its halal status.
His efforts are not to accumulate wealth but rather to become the largest
zakat payer in Malaysia. As a result, the business she runs is growing
rapidly in Islamic countries such as Malaysia.
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business, Syarikat Faiza Sdn Bhd has now entered a new field by offering
new products namely soy sauce, chili sauce and vermicelli. To increase the
larger production volume, Puan Faiza has purchased a machine from China
to achieve a sales target of RM12 million. In conclusion, Puan Faiza is an
entrepreneur who has a team that is oriented and able to jointly
contribute their abilities and able to create a strong cooperation between
all parties so that goal setting can be achieved.
Apart from that, the most important thing for Puan Faiza is that the
product she produces has HALAL status from the Malaysian Islamic
Development Department. Puan Faiza herself once issued a statement
that the rice products she produces are well received by the local
community despite a lot of competition from the rice sales industry. Due
to her encouraging sales results, Puan Faiza is committed to innovating
various new products to grow her business. The success she has achieved
shows that she has succeeded in prioritizing the quality of production to
satisfy the market demand as well as be able to raise the name of his
products and gain customer trust.
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have high vision, have an efficient team orientation, and always manage
his business based on renenue-orientation. The values that Puan Faiza has
in her help her to always be ready to do the work with full commitment.
Successful entrepreneurs must take the example of Puan Faiza's
personality to be a successful entrepreneur. Effective effort and hard work
also influence future success.
While some entrepreneurs are the only ones struggling to get small
businesses from scratch, others use partners equipped with greater
access to capital and other resources. In situations like this, new firms
may obtain financing from venture capitalists, hedge funds,
crowdsourcing, or through more traditional sources such as bank loans
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wholesaler states Faiza Sdn.Bhd.Besides she also continues discussing the
business that related and updates to find the opportunity to build their
company stronger in the market. Furthermore, Mrs. Faiza Bawumi always
surrounds her self with a minded individual such as an entrepreneur and
business owner. Mrs. Faiza Bawumi thinks that searching for information is
very important to observe and understand the opportunity that might be
the strategy to grow the company and to attract customers while
becoming a good competitor to other companies. Lastly, Mrs. Faiza
Bawumi was believed to work hard and sincerity in business is the root of
success.
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Figure 8 showing the type of goods sold by Syarikat Faiza
E.3 Resources
Mrs. Faiza Bawumi starting to save money by sewing embroidery
dresses with a capital RM4 and a set of a pillowcase to start her business.
Next, she trades an encyclopedia set, followed by a crockery business.
Through this tiny business, she saves money for the next venture which is
started to producing curry spices under the Bunga Raya brand, and
everything is done at home rather than washing, drying, and frying the
spice. After a few years, Mrs. Faiza Bawumi opened a retail outlet with
capital rather than selling the curry spice and from there she found that
wholesalers of rice were mostly supplied by other races. Mrs. Faiza
Bawumi used the money from Bunga Raya's profit to start-up in the
wholesale rice business. In 1998, Faiza was promoted ponni rice from India
which is believed to be good for health, especially for people with
diabetes, obesity and high blood pressure. At this time, the company also
has started to be introduced to a type of quality rice from Kartanaka,
India. This rice is a type of "Ponni" rice. Faiza said, to prove the goodness
of the rice, this company has asked Universiti Putra Malaysia (UPM) to do
a study and the results are positive. "I have invested millions of ringgit in
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Taj Mahal products and have asked for exclusive rights from Bernas," she
added, happy with the public response to the products. Through quality
and nutritious products suitable for patients such as diabetics, SFSB
introduced this "Ponni" rice to the whole of Malaysia.Besides Mrs. Faiza
Bawumi has an eye for detail. She records every single cent that is spent.
If she happens to make mistakes when running the business, she would
admit to it and learn from that mistake. Furthermore, she would share the
lesson learned with her employees for their own learning experience so
that such mistakes are not repeated.
E.4 Networking
Networking refers to social organizations or gatherings that offer
various types of resources to aid the entrepreneur in improving their
entrepreneurial projects. The goal of most entrepreneur networks is to
bring together a broad selection of professionals and resources that
complement each other’s endeavors. Mrs. Faiza Bawumi always meets up
with various entrepreneurs in the same field to enhance as promoting her
business. Besides in reality TV program which is “bersamamu " Mrs. Faiza
Bawumi takes this opportunity to be one of the sponsors for this program
and consumers who purchase Syarikat Faiza's products will also contribute
to ‘Tabung Bersamamu TV3’’. Mrs. Faiza Sdn Bhd Company Managing
Director, Faiza Bawumi Sayed Ahmad said, people who want to donate
rice to the needy in conjunction with this holy month can also do so
through the purchase of Faiza brand rice. Meanwhile, the public has the
opportunity to participate in the 48-Year Loyalty With Faiza Contest which
is now entering the fourth month of the organization to enjoy the main
prizes in the form of a Honda City 1.5 L, first prize (Perodua Myvi 1.3),
third prize (Yamaha 135LC for three winners) and monthly prizes in the
form of a holiday package to Beijing / Umrah. Besides, Collaborate in
setting up Cooperatives Mosque through ANGKASA . Next, provide training
for students of educational institutions which is selected throughout
Malaysia .Lastly, provide benefits for the employees of the company . E.g
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medical benefits ,prayer rooms, annual leave, awards outstanding
employees ,and training.
The company take a notes of how Malaysian are starting to take a full
consideration on how one food is produced and their nutriments. So they
eventually take a brave step and introducing to a unique category of
herbal quality rice from the state of Kartanaka, South India. This rice is
known as Herbal “Ponni” rice. Not knowing how Malaysian will react to this
introduction, they managed to release it at the market. Now, this rice is
one of the popular rice that be a consumer’s choice to have a balance
“diet”. This has gained people’s trust because Syarikat Faiza has
collaborated with University Putra Malaysia (UPM) to do a researched and
it turns out the Herba “Ponni” rice is indeed could help people with their
diet.
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E.7 Business Plan
Syarikat Faiza Sdn Bhd once started with the aim of why did they
start to be a rice seller company. The main vision of Syarikat Faiza Sdn
Bhd is to be the leader in the food industries in Malaysia which specialize
in the production and distribution of specialty of high-end rice. Syarikat
Faiza Sdn Bhd also remind all the consumer to do good deed to all people
without exception. This is shown by the act when they always give a hand
to help those who are financially unstable. They also became one of the
sponsor in the television program which called “Bersamamu”.
F. CONCLUSION
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entrepreneurial framework in generating Muslim professional
entrepreneurs.
Until now Puan Hajjah Faiza’s business is indeed moving forward with
high demand throughout the day making him one of the richest
entrepreneurs in Malaysia. His success has given a lot of encouragement
to young entrepreneurs out there until this year which is May 2020, he has
successfully published a book called Faiza which tells the experience and
twists of his life before and after migrating to Malaysia. The book will be a
guide for young people who want to step into the world of business.
Malaysia is indeed fortunate to have an entrepreneur like Hajah Faiza who
is resilient and authoritative.
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F.1.1 Never Give Up.
Further by attaching ears and opening the mind will be able to help
solve problems that arise, for example by opening the ears, we will hear
useful advice from certain groups such as family, friends, and loved ones,
while by opening the mind, entrepreneurs need to wisely save the
business by thinking out of the box, creative and innovative. This should
be instilled in the souls and hearts of entrepreneurs so that they have an
attitude that does not easily give up to save their business.
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of rice is placed in front of his house. However, armed with determination,
she told wrap the rice with the brand name and the BungaRaya distribute
it in stores across the Johor.
F.1.3 Proactive
Faiza's proactive entrepreneur will also try to find feedback from his
customers, and not just wait for his customers to come and make a
complaint. When they receive a complaint, they will be open and accept
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the complaint with a calm heart, try to fix existing weaknesses, and then
achieve business success.
F.1.5 Foresight
Every business should have its own business direction, as does Faiza
Sdn Bhd. The company aspires to expand its business market to other
countries and also manufactures various types of products under the Faiza
brand. Foresight can be defined as the ability to anticipate what will
happen in the future even though there are many risks to be faced.
Entrepreneurs of Faiza Company make the risks they face a challenge and
test in the business that gives them a new experience. In becoming a
successful entrepreneur, one of the characteristics that must be present is
to have a far-sighted nature. An entrepreneur who has this foresight
nature is a person who is good at planning, analyzing, and has the
attitude of seizing the opportunities that are in front of the eyes. so that is
Hajah Faiza, an entrepreneur of Syarikat Faiza Sdn Bhd who is one of the
leading successful entrepreneurs in Malaysia.
The terms key success factors can be used in four different ways as
a necessary ingredient in management information systems, as a unique
feature of a company, as a heuristic tool for managers to sharpen their
thinking, and as a description of key skills and resources needed to
succeed in the marketplace certain. Having a business is very attractive to
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people for many reasons like we can be our own business boss, work with
amazing people, create your own schedule, and change the spirit into a
career. so, nothing is easy about it and even then, there are entrepreneurs
who first venture into business and then become blind to the facts in
running a business and they quickly give up. So, there are some key
factors of success to entrepreneurs out there especially, who are just
stepping into the realm of business.
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that shares my vision, as well as having the desired experience and
knowledge for each role. Developing a business requires a lot of work
during the initial phase. The long hours and roller coaster rides are far
more exhilarating when the whole team is ready to work hard to achieve
goals and reach milestones together.
F.2.3 Networking
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The strategic focus is a business imperative but not something that
all businesses fully understand. Thinking strategically requires identifying
the desired end state, considering all of the impacts (positive and
negative) that might affect the achievement of that end-state, and coming
up with strategies (general plans for leveraging strengths and
opportunities, or overcoming weaknesses and threats) to achieve results.
Strategies represent the "how" elements of strategic focus. Based on the
identified endpoint and the various impacts that could affect the success
of achieving that endpoint, the organization will identify how it will
achieve success. The SWOT analysis provides an important input.
Strategies are designed to leverage or take advantage of the identified
strengths and opportunities and to minimize or overcome the identified
weaknesses and threats.
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Figure 12 shows: Muslim rice support
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G. References.
1. Primary Resources:
a. M. Azmi, O. Nik Hairi, L. Kuan Yee, Faktor Kritikal Kejayaan
Usahawan dalam Perniagaan. Jurnal Sains Sosial dan
Kemanusian. 34-45, 2012.
2. Secondary Resources:
a) https://www.thebalancesmb.com/what-is-marketing-2296057
b) https://www.entrepreneur.com/article/305688
c) https://bizfluent.com/info-8353924-strategic-focus.html
d) https://lernify.com/5-ciri-ciri-usahawan-berjaya/
e) http://usahawan-berasfaiza.blogspot.com/p/profil-
usahawan.html
f) https://penyusakti.wordpress.com/2019/12/23/siapakah-
pemilik-beras-faiza-temu-bual-eksklusif/
g) http://farizadheartit.blogspot.com/p/usahawan-berjaya-faiza-
sdnbhd.html
h) https://www.faizarice.com/portal/mission-vision.php
i) http://malaysiaiformation.blogspot.com/2015/11/mengambil-
risiko.html
j) http://www.facebook.com/berastajmahal
k) https://www.faizarice.com/portal/our-history.php
l) https://www.hmetro.com.my/node/129406
m) http://aiiwe9traits.blogspot.com/2016/12/biografi-tokoh-dan-
lima-ciri-faiza.html?m=1
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