Ramizul Islam attended a six-month electrical training course through SEIP which helped him start his own successful business, Ramiz Electrical Works. Within a year, he went from earning a small income doing part-time electrical work to owning a shop with six employees and earning 25,000 taka per month. Ramiz credits the skills training with giving him the experience and confidence to become a successful entrepreneur and provide for his family rather than settling for a low-paying job. He hopes to continue expanding his business and become a major contractor through obtaining more capital. The case study examines how SEIP skills training can help unemployed youth start their own businesses and create jobs rather than remaining jobless.
Ramizul Islam attended a six-month electrical training course through SEIP which helped him start his own successful business, Ramiz Electrical Works. Within a year, he went from earning a small income doing part-time electrical work to owning a shop with six employees and earning 25,000 taka per month. Ramiz credits the skills training with giving him the experience and confidence to become a successful entrepreneur and provide for his family rather than settling for a low-paying job. He hopes to continue expanding his business and become a major contractor through obtaining more capital. The case study examines how SEIP skills training can help unemployed youth start their own businesses and create jobs rather than remaining jobless.
Ramizul Islam attended a six-month electrical training course through SEIP which helped him start his own successful business, Ramiz Electrical Works. Within a year, he went from earning a small income doing part-time electrical work to owning a shop with six employees and earning 25,000 taka per month. Ramiz credits the skills training with giving him the experience and confidence to become a successful entrepreneur and provide for his family rather than settling for a low-paying job. He hopes to continue expanding his business and become a major contractor through obtaining more capital. The case study examines how SEIP skills training can help unemployed youth start their own businesses and create jobs rather than remaining jobless.
Ramizul Islam Entrepreneur, Ramiz Electrical Works ‘SEIP made Ramiz a successful entrepreneur’ Objective of the Case Study
To analyze and assess the outcome how
the Skills Training of SEIP affects the post-training life of the trainees. Case Study Ramizul Islam. Everyone calls him by nickname ‘Ramiz’. He is the son of Hasan Ali, a resident of Jaintapur Sylhet, who once conducted Stone Business. Ramiz’s mother died 10 years back. 24 years old Ramiz is third among his four brothers and sisters. Father Hasan Ali now-a-days does not perform any work due to his age. So Ramiz now handles the responsibility to take care of his father and two sisters with full confident. But life of Ramiz, a successful young entrepreneur today, was totally different a year ago. Contd… Case Study Ramiz left his dearest village home in Jaintapur for maternal uncle’s home in Gazipur in his childhood (1999). He had much interest and fascination for electrical works from the childhood. However, neither uncle nor father liked it. They had something different in their minds. The stone business of his father was the least option for him. Once upon a time, Ramiz’s uncle went abroad paving the way to fulfill his (Ramiz) dream. He learned some electrical works from Rahim, a local electrician whom he regarded as ‘Ustad’ (Master). Contd… Case Study Due to insolvency of family, Ramiz was not able to continue his study after class nine. He started to earn some money by doing some independent electrical works and also doing part- time work at the ‘Rahim Electronic Shop’. Pavel supported his poor family by that little income. But Ramiz’s life took a turn when he went to Bangladesh German Technical Training Centre with ‘Ustad’ Rahim. Pavel faced interview at the centre and admitted himself in a six months training course of ‘Electronic and Electrical Works’. Ramiz got some money as stipend during the course, which gave him the feelings of a big achievement in life for the first time. He has been preserving this money as a precious gift till today. Contd… Case Study Ramiz enjoyed every class in the course which helped him shape his immature ideas about the electrical works, got from ‘Ustad’ Rahim, into practical experience. Gradually, he learnt everything from calculation of electrical works to measurement of cable, electric retention capacity of different cables, and essential things to do for overall security. After the six months training, Ramiz had an offer of job before him. But he didn’t think that the salary he would be provided is enough to fulfill the demands of his family. At last Ramiz decided to open an electrical shop just like his ‘Ustad’ Rahim. Contd… Case Study Shop rent and other costs made Ramiz worried. But, he didn’t look back. With the assistance of some familiar persons and borrowed money, Ramiz started his dreamful shop named ‘Ramiz Electrical Works’. The monthly rent for the shop was 3,000 taka. At the beginning, it was hard for Ramiz to get works. Now-a-days, he has very little time in hands to sit idle. Within months Ramiz paid back the money he borrowed. Contd… Case Study
Rahim saw an income of 15,000 taka in his first
month as an entrepreneur. Within one year, the extent of the shop and scope of his income has increased manifolds. Now Ramiz Electrical Shop has six employees who work as his assistants. Ramiz earns some 25,000 taka every month after excluding all expenses including staff salaries and shop rent. Contd… Case Study Ramiz is now getting low-level to midlevel work contracts from different institutions. He now wants to put his efficient hands in the high-level contracts which can earn for him both money and reputation. But the only barrier on that way is capital. Describing the recent experience Ramiz tells, ‘I had a big contract before me from ROBI (Mobile Phone Company). The sum was 10 lacs. But I missed the contract as I was unable to manage the capital essential for the contract. I would have seen a profit of at least 3 lacs if the works were done by my team.’ Contd… Case Study Ramiz mentioned that for a midlevel contract there is no need for a big capital. How much he can earn from such contract? Ramiz replied, ‘on an average, I earn almost 50 percent of the total expenditure. Currently, I have been working at three different sites. Each site is being handled by two staffs of my shop. I expect a handsome income from these works.’ How you spend the income? Ramiz says, ‘All the responsibilities of my father and two sisters lie on me. My eldest sister has got married but I had to manage all her wellbeing. After all, they all are parts of my family.’ Contd… Contd… Case Study Ramiz’s future plan is to go abroad for work. He wants to earn money as much as possible during the abroad life then to come back home to run a big workshop. ‘I want to become a big and successful entrepreneur’, Ramiz hopes. Job or entrepreneurship, which one should be emphasized on? Ramiz says, ‘It is not possible to apply one’s merit and capability entirely when he/she is engaged in a job. Moreover, the salary range at the beginning of job life in country is too less than practical demands. Besides, I am in the position to make some employment opportunities for the unemployed youths. Also, I teach some others how to perform electrical works. The both events make me joyful.’ Contd… Realization of Ramiz A 24 year old entrepreneur Ramiz thinks that he has chosen the right direction rejecting the job offer and embracing the entrepreneurship. According to him, it is very prestigious event to become an entrepreneur rather than becoming a servant of an organization. As an entrepreneur, anyone can work independently according to his/her choice and can think about the wellbeing of others, which will bolster his/her success and satisfaction. Contd… Assessment of Learning This Case Study has introduced us with another successful experience of SEIP skill development training. That is: if the unemployed and disadvantaged youth countrywide get an opportunity to receive SEIP training, they can acquire appropriate skills and confident to become successful entrepreneurs. These people will no more hanker after jobs. Rather, they will create jobs more and more. Such people are essential for a country like Bangladesh which has much potential for the entrepreneurs in numerous sectors. The nation will be benefited by such entrepreneurs in the long run. Thank You All for Patience Hearing!