MyD Shoe: Steps Forward / Roseamilda Mansor and Nurul Hayani Abd Rahman.

Aidora Abdul Hamid and her husband, Mairizal Misnan, started selling Crocs styled shoes and sandals at the end of 2011 under the registered business name of MyD Shoe. They began with a rented pushcart at Giant Seri Kembangan and then expanded to three other locations over the next eight years. In ea...

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Main Authors: Mansor, Roseamilda, Abd Rahman, Nurul Hayani
Format: Article
Language:English
Published: Universiti Teknologi MARA, Shah Alam: Malaysian Academy of SME and Entrepreneurship Development (MASMED) 2020
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Online Access:http://ir.uitm.edu.my/id/eprint/44097/1/44097.pdf
http://ir.uitm.edu.my/id/eprint/44097/
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Institution: Universiti Teknologi Mara
Language: English
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spelling my.uitm.ir.440972021-03-24T02:04:34Z http://ir.uitm.edu.my/id/eprint/44097/ MyD Shoe: Steps Forward / Roseamilda Mansor and Nurul Hayani Abd Rahman. Mansor, Roseamilda Abd Rahman, Nurul Hayani Planning. Business planning. Strategic planning Small business Aidora Abdul Hamid and her husband, Mairizal Misnan, started selling Crocs styled shoes and sandals at the end of 2011 under the registered business name of MyD Shoe. They began with a rented pushcart at Giant Seri Kembangan and then expanded to three other locations over the next eight years. In early 2011, Aidora sold clothes but faced challenges due to a lack of demand and low sales. She then decided to study the changes in the market. Aidora and Mairizal observed at the shopping complex for several weeks in May 2011. Their observation indicated that people go to the shopping complex to buy things that are easy to grab with reasonable affordability. After analyzing the people's purchasing attitude, the couple concluded that people love to buy things that are closely related to their lifestyle at reasonable prices. Thus, they decided to focus on her permanent job's tasks and responsibilities at a stage agency in Selangor. After a thorough discussion on the business's future and their family, Mairizal resigned from his job. He plans to focus on the business. This case study illustrates the challenges faced by entrepreneurs who dare to start a new business and the dilemmas confronting them in taking the business forward and ensuring its future growth. Throughout the years, from 2012 to 2018, this business generated positive and encouraging cash inflows. However, a change in the business environment caused by the COVID-19 pandemic in 2019, the business cash inflow has dropped by 23 percent. Thus, Aidora has to decide the future of their business. The options are 1) close down any outlet that does not show positive cash inflows or 2) open a new outlet at a new location with better business potential. This case study encourages readers to think critically in terms of strategic marketing and entrepreneur decision making. Universiti Teknologi MARA, Shah Alam: Malaysian Academy of SME and Entrepreneurship Development (MASMED) 2020 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/44097/1/44097.pdf Mansor, Roseamilda and Abd Rahman, Nurul Hayani (2020) MyD Shoe: Steps Forward / Roseamilda Mansor and Nurul Hayani Abd Rahman. ASEAN Entrepreneurship Journal (AEJ), 6 (SI). pp. 44-48. ISSN 2637-0301 (e-ISSN)
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Planning. Business planning. Strategic planning
Small business
spellingShingle Planning. Business planning. Strategic planning
Small business
Mansor, Roseamilda
Abd Rahman, Nurul Hayani
MyD Shoe: Steps Forward / Roseamilda Mansor and Nurul Hayani Abd Rahman.
description Aidora Abdul Hamid and her husband, Mairizal Misnan, started selling Crocs styled shoes and sandals at the end of 2011 under the registered business name of MyD Shoe. They began with a rented pushcart at Giant Seri Kembangan and then expanded to three other locations over the next eight years. In early 2011, Aidora sold clothes but faced challenges due to a lack of demand and low sales. She then decided to study the changes in the market. Aidora and Mairizal observed at the shopping complex for several weeks in May 2011. Their observation indicated that people go to the shopping complex to buy things that are easy to grab with reasonable affordability. After analyzing the people's purchasing attitude, the couple concluded that people love to buy things that are closely related to their lifestyle at reasonable prices. Thus, they decided to focus on her permanent job's tasks and responsibilities at a stage agency in Selangor. After a thorough discussion on the business's future and their family, Mairizal resigned from his job. He plans to focus on the business. This case study illustrates the challenges faced by entrepreneurs who dare to start a new business and the dilemmas confronting them in taking the business forward and ensuring its future growth. Throughout the years, from 2012 to 2018, this business generated positive and encouraging cash inflows. However, a change in the business environment caused by the COVID-19 pandemic in 2019, the business cash inflow has dropped by 23 percent. Thus, Aidora has to decide the future of their business. The options are 1) close down any outlet that does not show positive cash inflows or 2) open a new outlet at a new location with better business potential. This case study encourages readers to think critically in terms of strategic marketing and entrepreneur decision making.
format Article
author Mansor, Roseamilda
Abd Rahman, Nurul Hayani
author_facet Mansor, Roseamilda
Abd Rahman, Nurul Hayani
author_sort Mansor, Roseamilda
title MyD Shoe: Steps Forward / Roseamilda Mansor and Nurul Hayani Abd Rahman.
title_short MyD Shoe: Steps Forward / Roseamilda Mansor and Nurul Hayani Abd Rahman.
title_full MyD Shoe: Steps Forward / Roseamilda Mansor and Nurul Hayani Abd Rahman.
title_fullStr MyD Shoe: Steps Forward / Roseamilda Mansor and Nurul Hayani Abd Rahman.
title_full_unstemmed MyD Shoe: Steps Forward / Roseamilda Mansor and Nurul Hayani Abd Rahman.
title_sort myd shoe: steps forward / roseamilda mansor and nurul hayani abd rahman.
publisher Universiti Teknologi MARA, Shah Alam: Malaysian Academy of SME and Entrepreneurship Development (MASMED)
publishDate 2020
url http://ir.uitm.edu.my/id/eprint/44097/1/44097.pdf
http://ir.uitm.edu.my/id/eprint/44097/
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