WEEK 2 WHAT DOES IT TAKE TO BECOME A TECHNOPRENEUR? Opportunities & Challenges Team selection Business Plan-template Self assessment test
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.
Are you willing to accept all that at one time every day till your business venture becomes successful? -the answer lays with you-
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.
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
S-Curves and Technological Innovation
Current Economic Outlook RMK-9 or is it 10? OUTSOURCING Mobile Application Digital Content WEB 2.0 Cloud Computing Social Network Open Source
Why Business Plan?? Test feasibility To give business best opportunity to success Help make business planning To attract investors, funding partners
Assess your market the market Government Global penetration Individual Local private sector profit
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