A gifted Techpreneur needs lots of intuition. He sees opportunities that don’t exist to the naked eye, and grow many ideas in his mind where most people around him see only roadblocks.
They also need to take quick decisions and be flexible enough to respond to the changes in the technology environment. They need to remain focused on creating a team of hard-working people with complementary skills.
1. Be Passionate About What You Do
Employees who engage in work they love report better performance, and happier, more contented employees. What’s more, dedicated staff have a greater propensity for training and personal development that will boost their skill set.
Such technopreneurs are often dealing with a type of innovation that has not been tried before. They know that they might not be getting results for many years, and they are accustomed to the high probability that blocks (or outright failures) will occur in the process of realisation. SpaceX founder Elon Musk is an example.
Sharing your idea well is equally crucial for the Bella Vegas techpreneur. Reduce the time and resources that might otherwise be spent aligning with your co-founders, clients or investors when you share your idea well. Delivering on your goals and objectives can be reduced to talking well and efficiently.
2. Be Ready to Take Risks
But to become or be a technopreneur involves much hard work, diligence, and risk which may entail failure. Failure is part of the learning process and learning from trying out new things is important. Don’t allow fear of all this to hold back your learning experiences.
True techpreneurs can sense emerging opportunities in situations where everyone else sees barriers. That’s why it helps to be able to trust your intuition and to take a risk or two. Sometimes you have to move uncomfortably into the unknown, open your legs wide, and spread out to grow. A true technopreneur should be technical in depth: he should understand the nuts and bolts of the technology that underpins his product. But he needs his vision and intuition to drive it.
3. Build a Supportive Eco-System
Every social enterprise necessarily has its own distinct ecosystem; accordingly, each requires a different ‘sweet spot’ of form and process for governing the ecosystem, making choices and fostering goals, without stifling creativity and energy.
Each of these technopreneurs has at least a single ‘reducing’ technology to which they apply their product — partly aimed at reducing consumer effort: to make the consumer’s life easier and more comfortable, and partly to aid the modern business processes. A good technopreneur must have a good overview of all these reducing technologies and their associated infrastructures.
Building such an ecosystem takes time and energy: identifying people with complementary strengths, and cultivating them to stick with you through the rough spots; and cultivating mentors who can guide you along the way.
4. Be Persistent
Sticking with a goal despite obstacles can foster persistence, as can utilising the power of positive thoughts. Being persistent can help you become self-disciplined and give you control over your thoughts and behaviours, enhancing your productivity.
It requires them to be stubborn in figuring out the best ways of taking an idea out of their heads and making it into a product that helps people and businesses in the real world. Provided these technopreneurs are good at seeing ahead (the Tip Cut principle again), they will be able, when the moment comes, to launch into whatever would be the next big disruption.
It is also necessary for a techpreneur to learn fast ways to communicate with her team members, investors etc as this will save time, money and effort in the long run. Costly mistakes might not be made here. Goals are reached faster.
5. Have a Broad Technical Sense
The spheres of technology and business are increasingly converging, giving rise to excellent opportunities for young entrepreneurs ready to harvest the right opportunity, and convert it into commercial reality using an elegant blend of technology infusion and business finesse.
However, being a technology entrepreneur requires a technopreneur to have a good balance of technological know-how, business skills, and leadership qualities. Being able to know and understand cutting edge technology and how each platform functions on multiple social media platforms is every technopreneurs essential skills.
The truth is most of the techpreneurs you now parade as gods of blog technology were probably the laziest pricks you ever knew. And if you happen to one of such aberrations, your journey to build a platoon of tech-robots will be incredibly more difficult than any other human-powered task.