TECHNOPRENEURSHIP

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MODULE 1: INTRODUCTION TO
TECHNOPRENEURSHIP
ENTREPRENEURS ARE MADE AND
NOT BORN
“ The entrepreneurial mystique? It’s not magic, it’s not mysterious and it
has nothing to do with the genes. It is a discipline. And like any
discipline, it can be learned.” – Peter Drucker
WHO IS AN ENTREPRENEUR?
• An innovator or developer who recognizes and seizes opportunities;
converts these opportunities into workable/marketable ideas; adds
value through time, effort, money or skills; assumes the risks of the
competitive marketplace to implement these ideas; realizes the
rewards from these efforts.
WHAT IS ENTREPRENEURSHIP?
• It is the practice of embarking on a new business by pooling together a
bunch of resources in order to exploit new found opportunities.
WHAT IS TECHNOPRENEURSHIP?
• Technopreneurship is a combination of technology and business. It is a type of
technology-related entrepreneurship.
• It is a combination of technology and business opportunities to achieve a greater
value for customer’s needs and satisfaction.
WHO IS A TECHNOPRENEUR?
• An entrepreneur who uses cutting – edge technology to develop new
business.
ENTREPRENEURIAL MINDSET
• Different Characteristics of an Entrepreneur
• Motivation
• An entrepreneur should be motivated, hardworking, passionate with
positive attitude and shows a strong mindset.
• Creativity
• As an entrepreneur, it is important to be creative, always thinking out-of-
the-box ideas not only for products or services but on how to manage the
business to increase productivity.
• Persuasiveness
• As an entrepreneur, you should know how to market its product and
service effectively.
ENTREPRENEURIAL MINDSET
• Different Characteristics of an Entrepreneur
• Vision
• An entrepreneur should always have its eye on the bigger picture. Always
aimed for the betterment not only of its business but of its employees and
customers as well.
• Risk Tolerance
• An entrepreneur should know when and where to take risk for its business.
He/she should not be afraid to try or invest in new ideas, methods or products for
the betterment of its business.
• Flexibility
• An entrepreneur should know how to adapt to changes whether it is work
schedule, technology and customer’s demands. Also, one should also be open in
criticism, new ideas and needs of both its employees and customers.
DIFFERENT TYPES OF
ENTREPRENEURS
1. The Hustler
2. The Innovator
3. The Machine
4. The Prodigy
5. The Strategist
6. The Visionary