The document discusses the types of entrepreneurs and qualities needed to be an innovator. It describes "the deal maker" who relies on connections without creating value, "the wannabes" who want to be the boss but don't understand the challenges, and "the innovator" who believes in change but needs support. It also emphasizes that pure engineering is not enough and provides examples of product failures. Key qualities of innovators are described as obsession rather than just passion, having strategy skills, ability to adapt, and willingness to fail in order to ultimately succeed.

1. Technopreneurship
–
Driving
Poten3als
of
Entrepreneurial
Engineers
11th
of
August
2014

2. //What kind of
Entrepreneur will
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you be? !
The
Deal
Maker
1. Rely
on
who
they
know
2. No
real
value
3. Inefficient
Necessity
4. Patronage
Business

3. //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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4. //What kind of Entrepreneur will you be? –
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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

6. //What you need
to be an
innovator !
The
Core
Ingredient
What
successful
entrepreneurs
have
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)
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7. //What you need
to be an
innovator –
cont. !
Strategy
–
The
science
of
choosing
the
right
op3on
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8. //What you need to be an innovator –
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! ! ! ! ! !!
cont. !
Adapta3on
–
Because
things
change

9. //What you need to be an innovator –
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! ! ! ! ! !!
cont. !
FAILURE
IS
NOT
THE
OPPOSITE
OF
SUCCESS.
IT
IS
PART
OF
SUCCESS
Failure
–
Do
you
have
the
Guts
and
the
Endurance
?

10. farith@skali.net