1. that would be beneficial for their enterprise. By

1.     
What are the factors that contributed to the success
and failure of any technopreneur?

The
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.

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Following are the factors contributed towards
success:

Passion

The most successful technopreneurs share the same trait. They’re
obsessed with what they do. Passion is what turns a technopreneur into a
successful enterprise leader. If you’re driven by passion you won’t give up,
no matter how long the adventure and you preserve knowledge continuously.

Purpose

Technopreneurs have a sense of purpose at the foundation of all that
they do from hiring employees to attracting the right traders to their
marketing and their customer support. That sense of purpose breeds the sense
of belonging. It sparks excessive worker and customer loyalty.

Network &
Collaboration

Technopreneurs must use their property to create a social community
that would be beneficial for their enterprise. By being a member of networks
or associations, technopreneurs can gain advantages like getting advice from
various bodies, accessibility to resources and a supply of creativity.

Technical
Understanding

As a technopreneur, it is vital to be tech-oriented. No one is saying
that you have to be a coding expert but rather to put money into your
technical competencies and apprehend the dynamics of your market.

 

Following
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 concern of failure is rooted in a fear of
being perceived as a quitter. The fact is that if you have poured your power selflessly into an endeavor only to walk away after
extinguishing all options available to you, you’ll have earned
infinitely more respect than the ones who have in no way attempted.

Nobody wants you to
fail

The reality is that nobody wants you to fail in your effort. All
stakeholders from lenders to suppliers to customers. All have a vested
interest in your commercial enterprise and your success. If you have evolved
strong relationships via honesty and transparency, maximum of your partners
will work with you through difficult times. Mutual achievement benefits
everyone involved.
 

Decision Making

As the
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.

 

2.
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
the business.