techno Flashcards
module 1
is a philosophy, a way of building a career or perspective in life.
TECHNOPRENEURSHIP
–it is a kind of entrepreneurship in the field of technology.
TECHNOPRENEURSHIP
a way of thinking that enables you to overcome challenges, be decisive and accept responsibility for your outcomes.
ENTREPRENEURIAL MINDSET
CHARACTERISTICS OF ENTREPRENEURS:
- DECISIVENESS
- CONFIDENCE
- ACCOUNTABILITY
- RESILIENCE
- HUMILITY
– ability to look at a problem or situation and make a confident decision to move forward.
DECISIVENESS
– get used to the uncomfortable feeling.
- CONFIDENCE
-taking responsibility for your actions and outcomes
ACCOUNTABILITY
-learn to deal with making mistakes and failing
- RESILIENCE
– freedom from pride or arrogance
HUMILITY
TEAM FORMATION
- SELF MASTERY
- ENVIRONMENT MASTERY
- ENTERPRISE MASTERY
- DEVELOPMENT OF BUSINESS PLAN
– passion comes from knowing yourself.
- SELF MASTERY
– generating business ideas and seeking out opportunities out from his/her environment
- ENVIRONMENT MASTERY
– pertains to the knowledge of the different disciplines
- ENTERPRISE MASTERY
- Writing the business plan
- Presenting and defending the business plan
- Adding refinements to the presented business plan
- DEVELOPMENT OF BUSINESS PLAN
-exploit change as an opportunity for a different business or service.
-Response to both changes within markets and changes from outside markets.
INNOVATION
DIFFERENT TYPES OF INNOVATION:
- INCREMENTAL INNOVATION
- ARCHITECTURAL INNOVATION
- RADICAL INNOVATION
- DISRUPTIVE INNOVATION
-existing technology, existing market. Adding new features and changes in the design.
- INCREMENTAL INNOVATION
– new technology, existing market. Applying new technologies, processes to existing industries.
- DISRUPTIVE INNOVATION
-existing technology, new market.
- ARCHITECTURAL INNOVATION
– new technology, new market.
- RADICAL INNOVATION
INNOVATION COMPRISES 5 THEMES:
- Making new things
- The customer point of view
- Everything is negotiable
- Everyone needs help
- Inspire people
HOW TO BE SUCCESSFUL ENTREPRENEUR:
- Build a team
- Boosts problem-solving skills
- The decision on the final strategy
ELEMENTS OF THE ABILITY TO OVERCOME A CHALLENGE:
- Able to deal with a series of tough issues
- Able to create a solution and work to perfect them
- Able to handle many tasks simultaneously
- Resilient in the face of setbacks
- Willing to work hard and not expect easy solutions
- Well-developed problem-solving skills
- Able to learn and acquire the skills needed for the tasks at hand