Lesson 1.

Basics of Technopreneurship
 ROLE PLAYING
PRACTICE:
1. Group the class into 3 groups by picking one candy from a box. They will group
themselves according to the color of their candy wrappers. Each group will portray the
actual situation:
• Group 1: The father is not employed and the family has no other resources
• Group 2: A newly graduate that is seeking job but does not pass the required job
requirement such as pleasing personality.
• Group 3 : A person currently employed but not satisfied with its present salary and
benefits
2. Assign the situation for each group. Give them 10 minutes to conceptualize each
situation assigned to the group. Then let each group to role play the situation.
(5 min each group)
3. Reflect the lessons they have learned from the role playing, let them share it to the
group.
What is the importance of technopreneurship
based on the role playing that we just witness?
Importance of Technopreneurship
a. Employment Creation - Entrepreneurs create employment for
themselves and other people. They are employers, and hence assist
in solving the unemployment problem in the country.
b. Local resources – When entrepreneurs utilize local resources, the
value of these resources increases.
c. Decentralization and diversification of business – Entrepreneurs are
able to identify business opportunities and locate these businesses
in suitable areas, including rural areas.
d. Promotion of Technology – By being creative, entrepreneurs are
able to contribute to the utilization and development of technology.
Importance of Technopreneurship
e. Capital Formation – Entrepreneurship increases capital formation
and investment.
f. Promotion of an entrepreneurial culture – By projecting successful
images, entrepreneurs become models than can be copied by young
people.
30 celebrated technopreneurs under 30 who are making Africa
proud
What is Entrepreneurship?
 Technopreneurship defined
• High tech ventures in ICT, electronics, internet, life sciences
and biotech.
• Service firms where technology is critical to their mission,
such as: e-Bay, FEDEX, SMART money transfer, e-learning.
• Technopreneurship is entrepreneurship in the field of
technology.
“Technopreneurship is
entrepreneurship in the field of
technology”
How can one be pioneering in the field of
technology?

The mindset of a person should always be..

looking out for innovation.

 A Technopreneur needs to think “out of the box”.

The box is the logic of an industry, business or

product.
Logic answers why people are buying that product, why is
the entrepreneur using that kind of raw material, etc.
Thus, an entrepreneur has to look at the box and find
something that is different. He or she doesn’t just copy
what is currently available in the industry/ business.
•Logic is the foundation to start thinking out of the
box.
•Logic topped with creativity results to innovation.
•Logic answers “why?” Creativity answers “why not?”
Do you know the meaning of an
entrepreneur?
Entrepreneur & Entrepreneurship Defined
Entrepreneurs
• People who enter into new and pioneering ventures.
• Is whole-brained, meaning he/she uses both the left
brain (logical) and right brain (creative).

Entrepreneurship – Starting up a new business.

Source: Federico Gonzales, President PESO Inc.

What is technological entrepreneurship?

• It is simply entrepreneurship in a technology-intensive

context.
• It is a process of merging technology prowess and
entrepreneurial talent and skills.
• Technology + Entrepreneurship = Technopreneur
 The technological entrepreneurship continuum

P
M
R Discovery
A
O
Invention R
D
K
U Innovation E
C
Entrepreneurship T
T
S
S
Define Technology + Entrepreneur
The word technology comes from two Greek words, translated techne
and logos.
Techne means art, skill, craft, or the way, manner, or means by which a
thing is gained.
Logos means word, the utterance
After your Graduation
 Are you ready to become a

nopr
Tech ene ?
The secret of a Technopreneur
1. iDEA
2. Marketing the iDEA
3. Business Model
4. Customer Experience
5. Failure is a part
6. Your Character!
 Good business concept + quality +
exceptional marketing strategy + affordable
pricing and even expansion + the X factor
(blessing to God), which should be dealt with
the right asal (behavior)
How do you enrich your character to drive you to
the epitome of SUCCESS?

Know your Purpose

Maximize that Purpose
Give away your Purpose
Do you know Christ?
Engage in a business that you love so that you do
not need to work for the rest of your LIFE.
Questions?
Test yourself…