Brunei’s Marriage Statistics

I was reading some business plans at livewire, and found one about wedding planner, they had reference an interesting statistics on Muslim Marriage in Brunei. The statistic is available online at http://www.mms.gov.bn/malay/images/stories/pdf/PPPR/stat_pppr_2001_2010.pdf
below is a copy of it on this website.
stat_pppr_2001_2010 – Marriage by year vs District
Now looking at the statistic, there is an annual average of 2000 marriages per year, where about 75% of them occur in the Brunei-Muara District.
I found this statistic interesting, because it reflects on the Wedding Industry.
That means that for an annual of 2000 weddings per year,
there are about 2000/50=40 weddings per week.
or about 2000/12=160 per month
So for wedding related businesses this seems to be a small market.
Business such as photographers, caterers, Pelamin providers, etc can only do at maximum 1 per week or 4 times a month. that means there’s only market for 40 wedding service providers in Brunei. 80 if they all work at 50% capacity (or only twice a month), or 160 if they only do once a month.

I haven’t done a research on the actual number of the wedding service providers, but it does seem that Brunei has more supplier than demand in the wedding industry. This is probably why good wedding photographers charge high. Amateur photographers who charge less will push themselves out of the market as they may not be able to sustain themselves. Of course this is assuming that the photographers only cater to the local market and do not spread over outside of Brunei.

Writing a Business Plan

I have been sharing what I know about writing a business plan in LiveWIRE’s Business Plan Series.
Below are the slides I use.

Some people are comfortable in just reading, some people are comfortable with other people guiding them, if you are the latter, come join the Business Plan Series. The following is a link to the fb invite of the next session.
http://www.facebook.com/event.php?eid=115163805241172

LiveWIRE Brunei Business Awards 2010/2011 Briefing

A Briefing on the Rules and Regulations of the LiveWIRE Brunei Business Awards Competition.
* The Categories
* The Prizes
* The General Rules and Guidelines
* a Brief summary of writing a business plan

The following is the link to the FB invite
http://www.facebook.com/event.php?eid=248633415152916

LiveWIRE Business Awards 2010-2011

The LiveWIRE Business Awards was launched last Tuesday, on 9th November 2010. I have personally joined this competition a few times since 2003. It had allowed myself to realize my entrepreneurial desires, which started me in creating business plans and learning about how most business operate.

The categories for this competition are:

Category A – Business Plan (Just the Plan, not necessary you have or want to start a business, but its a good start)

  • A1 – Upper secondary and Form 6
  • A2 Post Secondary and Higher Institutions
  • A3 – LiveWIRE participants and open category

Category B – Enterprise (existing businesses)

  • B1 – LiveWIRE Business Network Awards (Biz that has started at least for 6 months)
  • B2 – LiveWIRE SME Awards (over 3 years in business)

The categories have been condensed from the previous years, that means that there is more competition for  a single category, on the other hand the prize money has been increased.

The Business Awards is probably the most well known of activities that is held by LiveWIRE Brunei. Other Activities are:

  • Bright Ideas (BI) – A 2 day Introductory Course in Entrepreneurship and the Right Mindset
  • Be A Successful Owner and Manager (BSOM) – a 4 day course which showcases Local Entrepreneurs to share their experience and knowledge.
  • Business Plan Series – A workshop to help participants in creating a business plan
  • Leadership Camp – A 3 day Camp that focuses on self-development, transformation and Leadership.

Links to Local News:

Business Plan Writing

I gave a quick 3 Hour presentation on Writing a Business Plan for LiveWIRE Brunei in their Be a Succesful Owner/Manager Workshop. Basically, it is what I’ve learned from my own research when I created my own Business Plans and Participating in Business Plan Competitions such as the LiveWIRE Business Plan Awards and The Think Big Business Plan Awards.

The Topics I covered include:

Here is the Presentation Slides I used.

iCentre’s Think Big Biz Plan 2 day Workshop

I didn’t get short listed in this year’s think big biz plan competition, but I attended the Workshop anyway, It’s always good to keep an open mind and check to see if there are any new knowledge or to refresh them in my mind.

The first day was facilitated by Virginia Cha on the topic of finding ideas for a business and writing up a business plan. I found this session to be significantly different from the previous workshop she did previously. Among the interesting topics were:

The second day was facilitated by Kris Childress on the topic of presenting and pitching to investors. Among the topics were:

  • Introduction to Investors e.g.Venture Capitalists (VC’s)
  • Structure of a presentation
  • Guidelines of Pitching to investors
  • Guidelines of Presenting to investors based on David S. Rose

More pics of the events can be found here:

http://www.facebook.com/album.php?aid=192451&id=550578077

Pitching your Business Plan!

Do you need to know what investors are looking for in a business? David S. Rose is a serial entrepreneur turned serial investor. He shares his tips in presenting.

He shares that investors are not just investing in your business idea, they are also investing in you. So you have to show that you and your team have:

  • integrity
  • passion
  • experience
  • knowledge
  • skill
  • leadership
  • commitment
  • vision
  • realism and
  • coachability

and how to show all these in just a few minutes by using logical and relevant steps. Using an outline for presentation that he recommends.

At the end he gave his top 5 tips in presentation.

  1. Always use presentation mode
  2. Always use a remote control
  3. Your handouts are not your presentation
  4. Don’t read your speech
  5. Never look at the screen.

He mentioned the use of a remote control to change the slides of the presentation. Those remote controls are sold in Brunei for more about BND40- BND 100. In 2009, I found a mobile phone software that can transfom any java and bluetooth enabled devices into a remote control to change the slides on a bluetooth enable PC.

It is from http://www.mobilewitch.com You have to install the PC software on the computer and the mobile app on the phone.

Click on the following links to the download page.