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IT 01203

Technopreneurship

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WEEK 2

WHAT DOES IT TAKE TO BECOME A TECHNOPRENEUR?

• Opportunities & Challenges• Team selection• Business Plan-template• Self assessment test

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Before Opportunities & Challenges

Things to consider before you jump into business.• Uncertainty of income• Work long hours• High level of stress.• Lower quality of life until the business is

established• Complete responsibility.

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Are you willing to accept all that at one time every day till your business venture

becomes successful?-the answer lays with you-

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Opportunities

• Create your own destiny• Fulfill your ambition• Make a difference• Reach full potential• Reap unlimited profit• Contribute to society• Do what you enjoy and have fun doing it.

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Exploring Ideas!

• What are the current issues?• Importance ?risk assessment,-government policies,• Where to look for information• How to apply to your decision making• Impact on your industry

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S-Curves and Technological Innovation

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Current Economic Outlook

• RMK-9 or is it 10?• OUTSOURCING• Mobile Application• Digital Content• WEB 2.0• Cloud Computing • Social Network• Open Source

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Why Business Plan??

• Test feasibility• To give business best opportunity to success• Help make business planning• To attract investors, funding partners

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Assess your market

the market

Government Global

Individual Local private sector

profit

penetration

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innovation!!!

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