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IT 01203Technopreneurship
WEEK 2	WHAT DOES IT TAKE TO BECOME A TECHNOPRENEUR?Opportunities & ChallengesTeam selectionBusiness Plan-templateSelf assessment test
Technopreneurship Flavors take your pick5 kinds of Start-up that exist today.TraditionalMicroISVSide ProjectOpen Source ProjectModern Online Software Startup
Before Opportunities & ChallengesThings to consider before you jump into business.Uncertainty of incomeWork long hoursHigh level of stress.Lower quality of life until the business is establishedComplete responsibility.
Are you willing to accept all that at one time every day till your business venture becomes successful?-the answer lays with you-
OpportunitiesCreate your own destinyFulfill your ambitionMake a differenceReach full potentialReap unlimited profitContribute to societyDo what you enjoy and have fun doing it.
Idea GenerationHow to generate great ideaThe escape Fire Idea!-Smoke jumpers jumps into a forest fire, all dead except for one guy who created the ‘escape fire’.Idea came out of trial & error in a critical situation.
Lets Generate some ideasGet into groups of guys & galsDivide into 4Wait for my questionRep from groups what’s your answer!
Idea Generation Path
Exploring Ideas!What are the current issues?Importance ?risk assessment,-government policies,Where to look for informationHow to apply to your decision makingImpact on your industry
S-Curves and Technological Innovation
Current Economic Outlook	RMK-9 or is it 10?OUTSOURCINGMobile ApplicationDigital ContentWEB 2.0Cloud Computing Social NetworkOpen Source
Why Business Plan??Test feasibilityTo give business best opportunity to successHelp make business planningTo attract investors, funding partners
Assess your marketthe marketGovernmentGlobalpenetrationIndividualLocal private sectorprofit
innovation!!!
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