Technopreneurship: Driving Potentials of Entrepreneurial Engineers
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Technopreneurship – Driving Poten3als of Entrepreneurial Engineers 11 th of August 2014
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What does it take to be an entrepreneurial engineers?
Transcript of Technopreneurship: Driving Potentials of Entrepreneurial Engineers
Technopreneurship – Driving Poten3als of Entrepreneurial Engineers
11th of August 2014
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//What kind of Entrepreneur will
you be? !
The Deal Maker
1. Rely on who they know 2. No real value 3. Inefficient Necessity 4. Patronage Business
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//What kind of Entrepreneur will
you be? – cont. !
The Wannabes
1. Just want to be the boss 2. Believes that owning a business to the fastest way to riches
3. Doesn’t realize the challenges and the sacrifices
4. Will quit early
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//What kind of Entrepreneur will you be? – cont. !
The Innovator
1. The Dreamer 2. Idealist 3. Believes in changing something 4. Requires an innovaJon eco-‐system to survive
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//Learning from Failures !
Pure Engineering does not work
1. Beta Video – Strategy Failure 2. Apple Newton – Design Failure 3. Iridium Satellite Phone – “To costly to launch” Failure 4. MicrosoU’s Zune = “Hey, lets copy ipod” Failure 5. Blackberry – Failed to change
History 101 Failures can come from everywhere
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//What you need to be an
innovator !
Obsession ! not Passion
1. Steve Jobs 2. Henry Wickham – Smuggled Rubber 3. Henry Ford 4. WC Minor – Invented the DicJonary
Warning : Too much obsession will seriously impact your personal life (some get insJtuJonalized)
The Core Ingredient What successful entrepreneurs have
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//What you need to be an
innovator – cont. !
Strategy – The science of choosing the right op3on
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//What you need to be an innovator – cont. !
Adapta3on – Because things change
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//What you need to be an innovator – cont. !
FAILURE IS NOT THE OPPOSITE
OF SUCCESS. IT IS
PART OF SUCCESS
Failure – Do you have the Guts and the Endurance ?
