Richard Branson, an English business tycoon and the founder of Virgin Airlines once said, "Business opportunities are like buses, there's always another one coming." This quote signifies that there are always an opportunity in entrepreneurship in life if there is a will to take the risk and motivated to do so. Entrepreneurship roots from the word entrepreneur, which according to www.wikipedia.com, it can be defined as one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods. Entrepreneurs are risk takers, willing to roll the dice with their money or reputation on the line in support of an idea or enterprise. They willingly assume responsibility for the success or failure of a venture and are answerable for all its facets. This is what we going to learn while doing this report. As stated in the task outline given, the goal of this assignment is to understand the experiences, motivation, and lessons learned by someone who have founded a business before. In this report, we choose RM Batik, a well known batik manufacturer in Kuantan, Pahang as our research company. Batik is a cloth that traditionally uses a manual wax-resist dyeing technique. It has been a fabric for traditional dress and costumes of the Malays, especially for the people in the east coast states of West Malaysia. Pahang batik has been in existence for decades and has been part of the small cottage industry in the state. Although not as famous or popular as the batik of Terengganu and Kelantan, Pahang batik has, nevertheless, thrived as a small industry in the periphery of the fame and popularity of the Terengganu and Kelantan batik. In Pahang, you can find a few batik makers in Kuantan and in the few small towns on the coastal road to Terengganu. One of the most popular and famed Pahang batik producer in Kuantan is RM Batik, founded by the late Ramli Malek, a renowned Pahang artist, batik designer and entrepreneur. RM Batik small factory is located at Tanah Putih, Kuantan, on the left side of the road just after the bridge over the Kuantan River. ENTREPRENEUR INFORMATION
RM Batik was previously owned by the late Ramli Malek. He is one of the notables depicted in the Muzium Tokoh Pahang in Kuantan. He was one of the cultural personalities who contributed towards the advancement of Pahang batik in design and batik making. Sadly, he died in his thirties while trying to help save two boys who were drowning at the Balok beach during bad weather. He was an active person who was a King Scout during his schooldays.
Today, Ramli Malek’s beloved brother, Mr. Ahmad Ashaary bin Abd Malek take over the family business and the current owner that runs their batik legacy. Mr. Ashaary can be contact at the company’s number, 09-5139631 or his mobile number, 013-9803888. RM Batik is situated at E592, Tanah Putih Ferry, 25100, Kuantan, Pahang. Mr. Ahmad Ashaary is a Malaysian, age 54 years old this respective year. When he took over the business, he has no working experience and his education level is Sijil Pelajaran Malaysia (SPM).
RM Batik was founded on 11th November 1977. It is previously known as BRM Batik. The capital for this business was RM40, 000. BRM Batik did export their well-known batiks to several countries, such as Japan, France, and Australia. Previously, BRM Batik has five batik factories and showrooms in Kuala Lumpur and 200 staffs all together under the great management of the backbone of this company, Ramli Malik. Unfortunately, this hardworking founder died while trying to save two boys who were drowning at the Balok beach during bad weather. Regarding his lost, the company also suffers a major loss, which is RM1.2 million losses from the rejection of batiks that has been requested by Japan. According to Mr. Ashaari, the rejection occurred when Japan can’t tolerate and can’t wait much longer to get the batiks ordered. For the record, producing a...