Successful Entrepreneur

Prepared by : 1)Shilpa Chavan 2)Komal Dhantole 3)Nilesh Ghadge 4)Chandan Jagtap 5)Nikhil Kadam 6)Pranit Khot 7)Pooja Chatpalliwar 8)Sharayu Jadhav 52 55 59 63 65 68 85 87

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From New Delhi, worth $100 million business 650 salons spread across 104 countries Largest manufacturers of herbal products in the world

Her name being the brand as well, she herself is the brand ambassador

Shahnaz Husain

Contingency Impact
Family Environment

Lifestyle

Educational Qualification
Herbal start

Personal Values
Herbal Thoughts

Awards
"The Arch of Europe Gold Star for Quality" "Leading Women Entrepreneurs of the World" "The 2000 Millennium Medal of Honor" "Rajiv Gandhi Sadbhavana Award Padma Shree (2006)

What influenced Ms.Shahnaz, to develop an urge for Herbal beauty ???

Key elements of Ms.Shahnaz

1) Motivation to make difference 2) Spotting opportunities 3) Finding required resources 4) Using networks extensively 5) Controlling business 6) Managing Risks

1) Motivation to make difference

It was my aim to get India on the world beauty map as I felt terrible about the fact that India was never represented at any world beauty congress. - Shahnaz Husain

1) Motivation to make difference

A tragic story of a model for an artificial eyelash company who ended up losing her sight after apparently over-using make-up
after hearing thatShe couldnt go on doing nothing

2) And here comes road map to her AIM to spot opportunity

Represented the country for the 1st time in the CIDESCO beauty congress in 1970s She was appointed President for the day's proceedings at the congress She used this opportunity to focus the world's attention on Ayurveda.

3) Finding required resources

1)To support the expenses financially, she wrote articles of the training

2) Initial Investment 0f Rs.35,000/-

4) Using networks extensively..

1) word-of-mouth 2) She believes that a satisfied customer is the best form of advertisement 3) She relied only on clientele feedback, based on clinical treatments & this is what has made the ranges truly unique and result oriented."

5) Controlling Business
She has been able to achieve growth due to the quality of her products and the result-oriented treatments she offers.

She removed the banner & since then she has never advertised. She lets her products speak for themselves."

6) Managing Risks via Pro-active approach

Related Diversifications Innovation : products that astronauts could carry with them in their extraterrestrial to protect their skin from the ravages of space travel & slow down the ageing process !!!

Turning point
when she represented India at the Festival of India in 1980 Her team was given a counter in the perfumery section of Selfridges in London She managed to sell her entire consignment in 3 days & broke the store's record for cosmetics sales for the year. As a result, she was offered a permanent counter in Selfridges.

Entrepreneurial qualities from

Shahnaz

Entrepreneurial lessons from

Shahnaz
1) Initiator 2) Innovator 3) Influencer 4) Transformational leader 5) Pro-active 6) Ethical