What are the factors that contributed to the success
and failure of any technopreneur?
most successful technopreneurs know how to learn from others. They ask for advice and are flexible. They take
in the exceptional practices around them like a sponge, worry of failure can
make it smooth to grip onto their vision with an iron fist but pressure may
not serve them.
Following are the factors contributed towards
The most successful technopreneurs share the same trait. They are
passionate about what they do. Passion is what turns a technopreneur into a
successful business leader. If you are driven by passion you won’t give up,
no matter how long the journey and you keep learning constantly.
Technopreneurs have a sense of purpose at the root of all that they do
from hiring employees to attracting the right investors to their marketing
and their customer service. That sense of purpose breeds the sense of
belonging. It sparks intense employee and customer loyalty.
Technopreneurs should use their assets to create a social network that
would be beneficial for their business. By being a member of networks or
associations, technopreneurs can gain benefits like getting advice from
various bodies, accessibility to resources and a source of creativity.
As a technopreneur, it is important to be tech-oriented. No one is
saying that you have to be a coding expert but rather to invest in your
technical skills and understand the dynamics of your market.
are the factors contributed towards failure:
Failure is an asset
Because of technopreneurs curiosity, one of the biggest regrets they
will have is not trying and hence wondering what if. This longing
for knowledge and answers provides us with the tools to not only understand
how to run businesses better but also what to avoid. As long as we are
learning, technopreneurs become more valuable with each and every failure.
Failure should not be
confused with quitting
For many technopreneurs, the fear of failure is rooted in a fear of
being perceived as a quitter. The truth is that if you have poured your
energy selflessly into an
endeavor only to walk away after extinguishing all options available to you,
you will have earned infinitely more respect than those who have
Nobody wants you to
The reality is that nobody wants you to fail in your effort. All
stakeholders from lenders to vendor to customers. All have a vested interest
in your business and your success. If you have developed strong relationships
through honesty and transparency, most of your partners will work with you through
difficult times. Mutual success benefits everyone involved.
business starts to grow it becomes more and more critical for technopreneur
to make decisions on every level. The genuine value of business planning and
basic leadership is to distinguish the difficulties and plan around them
before they happen instead of getting caught unaware by them when the
business is already set in motion.
How do you see yourself as a technopreneur?
The world we are living
right now is full of technology as a matter of fact it is now part of our
life. Technopreneur is an entrepreneur that engages in a High-Technology
related business. Every one of us needs to earn money to supply our needs in
order to survive in this world. There are so many ways to earn money and one of
them is to build a business.
My father’s also a
technopreneur. In 1990, he opened his own IT Company. He took a risk, went
through the motions of uncertainty and stress, worked a second job to support
both his family and business, grew his customer base, hired people,
gave IT services as well as products and was ultimately accountable for his own
success. Like my father, many small business owners don’t embrace their
identity as technopreneurs.
On the other hand, you
probably know someone who wears the title with pride. I’ve heard some people
exclude those who own side businesses as real technopreneurs and let’s
not forget the technopreneurial
tendencies people can have without owning a business that many
companies today look for in the people they hire.
As for me in terms of
technopreneurship, I want to follow the path of my father. He’s my mentor. I
should have the quality of risk taker because in an IT field, you must risk
everything to gain profit, you can make your business grow faster and if it
works, you gain employees and produce a high quality of products and services.
It can also make you a famous person in the near future like Steve Jobs and
Bill Gates experienced in their times until today.
If there will be an incoming vendors or
projects who want to invest, I will not focus on things that can harm my
business instead I will look for the good possibilities that will cause in
investing that kind of project. I should be creative enough to start a new
business. Products alone will not be sold even if it is in a high quality, IT
services will be given too. I must have the charisma like Steve Jobs had. Even
Steve Jobs failed. He had to face his customers while communicating.
As a good technopreneur, I should have the
capability to communicate with other technopreneurs. They can help me in times
when I face problems in business. They can also be my mentor in order to make
business grow. Also partnership will contribute to the growth and success of
Would you take the same career path that Steve Jobs took? Why or why not?
Over the past 40 years, the computer enterprise has
taken great leaps and limits to where it is today. One of the most influential
people throughout this time was Steve Jobs. He was an integral part of the rise
in personal computing. Also he was an excellent motivator for those working
under him and those inspiring to be like him.
Job is the chairman and chief executive officer of the well known Apple
Company. His great mind, ideas and innovation helped him to be successful. He
changed lives of people. His philosophy to change the world made him the person
who he is now and put himself in a journey towards success. The factors that
contributed in his success and failure in his life made him more motivated in
all aspects concerning with his work.
will not take the same path as Steve Jobs because it is not easy to take a
career path especially in the field of technology. I’m not sure if I’ll put
myself into a computer business like him it would be a hit or could get any
popular because computer businesses nowadays are so at the top that if you’ll
try to make a business that involves computers, you are not sure of your
success into that business.
As we all know that numerous of operating
systems right now are out in the market and there are also open-source
operating systems that can be downloaded through internet. So the question came
to my mind and I ask myself, why would I take the same career path as Steve
Jobs if there are a lot of these kinds of computer software out there? Then I
could put in the picture that if I will make a business like him, I have a
small chance of excelling in that kind of business.
There are many factors
of his personality that I don’t like in Steve Jobs that gives me another reason
why I can’t take the same career path as his. Like him being a short tempered
boss to his subordinates. I can’t be like that when I’m a boss I would be much
patient to my subordinates and understand them as well because as a leader to
them I must lead them in the right direction that they will be more motivated
under my leadership and also to gain their trust for the good of my company.
Finally, the last thing
I don’t really like in him as stubborn person; he never listens to others
opinions. Wanting much to decide what you really want to be in the future,
there is no acquiring that you can be in a career in the future the way you
planned it to be because the things happen in this life of ours are just
choices we need.
Why it is important for industry people to focus on technology to enhance their
Innovations in technology have improved operations
at agencies of all sizes and helped turn small neighborhood
corporations into worldwide corporations.
are the factors to enhance industry improvement:
Cell phones have emerged as small business necessities
for owners and employees. Those devices are lifelines for staying in touch
when on the street and responding to customer inquiries in a timely manner.
Smartphone’s raise the bar with access to the Internet, email, textual
content and social networking is other advances in communication that preserve
small businesses connected to their customer bases and enhance internal
communication within the enterprise.
Technology has freed small corporations from the
restrictions of prints ads in terms of achieving new and existing customers.
Internet marketing ranges from easy informational website to advertising on
search engines to online product sales. Email advertising and marketing is an
effective and occasional fee technique to reach a large group of people with
a newsletter, coupons or commercial enterprise. Mobile advertising is a rather
new frontier that reaches people through text messaging, marketing on cellular
packages and supplying branded applications that tie clients into what’s occurring
with the enterprise in a fun and entertaining way.
Small enterprises need to wring each ounce of
productivity out in their operations and generation tools help employees get responsibilities
done more quickly. This may range from printing out marketing substances to offering
customer support through email or online chat. The key is to keep employees
focused while the use of technology and to apply it appropriately with the aim
of saving time. Provide employees with the right hardware and up to date
software to maintain them working at peak proficiency.
Technology brings enterprises towards customers.
Businesses use e-mail to answer questions, offer online chat to help clients that
are visiting the business website, and equip call centers with the today’s
phone device that makes customer support agents more efficient. Give
customers a preference of approach to contact the company. Technology is
powerful but keeps the people element in mind and don’t hold back on training
employees in effective customer strategies and the proper use of the
Many small enterprises now provide telecommuting
and flex time as advantages. Colleagues can stay in touch from different
locations and when working extraordinary hours by using email, online
collaboration equipment and mobile computing devices. Within the office, employees
can share virtual files, convey records via presentations and create training
videos to bring new employees up to speed.
Teleconferencing over the cell phone is one of the
easiest conferencing strategies but development in recent years has brought
web conferencing to the fore. Web conferencing can bring together web cams,
audio and collaborative online meeting areas to create an exceptionally
interactive environment. Members can see each other, work together on
documents and recreate the in person meeting experience no matter where they’re
globally. This is one manner that small businesses can extend their reach to
include global customers and employees.
5. Why technology is
giving tough time for industries to go along with technological changes to
improve their operations?
is probably the greatest agent of change in the modern world. While never
without risk, technological breakthroughs promise innovative solutions to the maximum
pressing global challenges of our time. Introducing technological trade into a company offers a different set of
challenges to management than does the work of competent venture
The managers responsible for shepherding a technical
innovation into routine use are a great deal equipped by education and
experience to guide that innovation’s improvement than to manage its
Following are the factors which lead to
technological changes improvement:
A dual role
manage technological change have to often deal with each technical developer
and implementer. As a rule, one agency develops the technology and then hands
it off to users who are much less technically skilled but informed and knowledgeable
about their own areas of utility.
perspective also helps prepare an organization to get hold of new technology.
Many implementation efforts fail because someone underestimated the scope or
significance of such preparation. The organizational hills are complete of managers
who believe that an innovation’s technical superiority and strategic
importance will guarantee reputation.
Framework for Information
Just the way
marketing managers carefully plan the studies through which they’ll acquire crucial
product information so implementation managers need to expand an iterative
almost accordion like framework to guide decisions about when and how to
collect needed information from all businesses affected by an innovation.
Multiple Internal Markets
the organizational level at which managers define a hassle or need, the
greater the possibility of successful implementation. At the same time, the nearer
the definition and solution of problems or needs are to end-users, the
greater the opportunity of success. Implementation managers must draw up
their internal marketing plans in light of this obvious paradox.
two motives for undertaking a pilot operation before introducing an
innovation across the board in a massive company. First is to serve as a test
and prove technical feasibility to top management and second to function as a
credible demonstration version for other units in the organization. These two
purposes are not always friendly.
Fear of Loss
As we discuss
about the deskilling capacity of latest computerized technologies has grown,
unions are in search of retraining for their members whom automation might
displace. Many organizations are upgrading the status of their workers who’re
compelled to trade hard earned manual abilities for the often dreary routine
of button pushing.