Technology is increasingly disrupting the ways people interact business, learn and play — — communicate, work, do and is greatly revolutionizing the way in which business start and operate in today’s digital world. The Information and Communication Technology (ICT) has become a powerful tool for entrepreneurship, that is playing an increasing role in business development, investment, modernization, marketing and sales. The rapid evolution of digital era in Africa is providing opportunities for businesses to thrive and be more profitable. With the ICT, there is virtually no limit to what you can do, no limit to people you can connect with around the world, no limit to resources you can access, and no limit to opportunities you can annex.
1. ICT: A LIMITLESS TECHNOLOGY
FOR ENTREPRENEURSHIP
By Simeon Adedokun
2. Introduction
Technology is increasingly disrupting the ways people interact—communicate, work, do
business, learn and play—and is greatly revolutionizing the way in which business
start and operate in today’s digital world.
The Information and Communication Technology (ICT) has become a powerful tool for
entrepreneurship, that is playing an increasing role in business development,
investment, modernization, marketing and sales.
The rapid evolution of digital era in Africa is providing opportunities for businesses to
thrive and be more profitable. With the ICT, there is virtually no limit to what you can
do, no limit to people you can connect with around the world, no limit to resources you
can access, and no limit to opportunities you can annex.
ICT: A Limitless Technology for Entrepreneurship - By Simeon Adedokun - June 2018
3. “ICT presents opportunities and
makes it easy to find more
opportunities.”
ICT: A Limitless Technology for Entrepreneurship - By Simeon Adedokun - June 2018
5. ICT
ICT stands for Information and Communication Technology. ICT refers
to “the technology that enables communication and the electronic capture,
processing, and transmission of Information” (Parliamentary Office of
Science & Technology 2006).
ICT is any device or system that allows the collection, storage,
organization, retrieval, manipulation, and transmission of digital
information.
ICT: A Limitless Technology for Entrepreneurship - By Simeon Adedokun - June 2018
6. Entrepreneurship
Entrepreneurship is the process of discovering new ways of combining
available tangible and non-tangible resources to bring about innovation.
It is the art or science of innovation and risk-taking for profit in
business.
An entrepreneur is someone who organizes, operates, manages, and
assumes the associated risks of a business venture or enterprise.
ICT: A Limitless Technology for Entrepreneurship - By Simeon Adedokun - June 2018
8. ICT & Connectivity
Connectivity is crucial for development. Since human beings are social beings,
to be successful in a any society, you need to connect with people and create
solutions. The digital transformation in Africa has led to a better connection
between people, and more opportunities for organizations and businesses.
ICT is a catalyst that is changing African economy, offering new opportunities
for job seekers, entrepreneurs, brands and businesses.
With the increasing digital, social, mobile and Internet usage around the world,
everyone has almost equal chance to connect with millions of people and
businesses all over the world without regard for geographic location. That’s a
great opportunity!
ICT: A Limitless Technology for Entrepreneurship - By Simeon Adedokun - June 2018
10. ICT Entrepreneurship
Entrepreneurship is all about opportunities—opportunity to connect, to
promote, to increase efficiency and make profit. It is about being at the
right place at the right time, partnering with the right people, and
getting the required business support and guidance when needed.
ICT presents trade opportunities for entrepreneurs even with the current
state of the economy. The Internet helps remove some of the overhead
cost burdens linked to traditional businesses, and that empowers smart
entrepreneurs to design business models that will grow profits faster.
ICT: A Limitless Technology for Entrepreneurship - By Simeon Adedokun - June 2018
12. Hard Skills
The computer hard skills are the ability to work with or manipulate
computer hardware to create solution. They include:
• Computer hardware repair and maintenance
• Computer Networking
• CCTV Installation
ICT: A Limitless Technology for Entrepreneurship - By Simeon Adedokun - June 2018
13. Soft Skills: The Fast Selling Skills
The computer soft skills are the ability to work with and manipulate computer
applications to create solutions. They include:
• Multimedia – Graphics, CAD, Print Media, Video Editing & 3D Animation
• Computer Programming & Web App Development
• Data Processing & Database Management
• Office Application & Management
• Statistical Data Analysis
• Digital Sales & Marketing (E-commerce), etc.
ICT: A Limitless Technology for Entrepreneurship - By Simeon Adedokun - June 2018
15. ICT Business Opportunities
ICT, being an evolving universal and versatile technology, presents new
opportunities everyday. Some of the business opportunities:
• ICT Consultancy Services
• Software programming and script writing
• Web & Mobile App Development
• Digital Marketing and Lead Generation
• Blogging
• E-book Publishing
ICT: A Limitless Technology for Entrepreneurship - By Simeon Adedokun - June 2018
16. ICT Business Opportunities
• Graphic Design, Logo Design
• CV Design
• Freelance Writing
• Video Editing
• SMS Reselling
• Starting a Local SEO
• Digital currency / Cryptocurrency
• E-commerce Store
• E-learning Service
• Ad Network
• Online Coaching
• Blogging
• Recruitment Service
• Affiliate Marketing
• And more
ICT: A Limitless Technology for Entrepreneurship - By Simeon Adedokun - June 2018
17. Conclusion
ICT holds the potential of strengthening development efforts, providing a
platform for socio-economic growth and changing the face of employment
in the nation where strategic use is made of such (ICT) opportunities.
To revolutionize our lives and businesses, break the cycle of
unemployment and accelerate freedom via ICT-enabled change, we all
need to utilize the great opportunities that came with the 21st century—
ICT—appropriately. We need to acquire the required ICT skills and get
the right tools to improve our efficiency and create viable and profitable
businesses with global recognition.
ICT: A Limitless Technology for Entrepreneurship - By Simeon Adedokun - June 2018