Technopreneurship: Driving Potentials of Entrepreneurial Engineers

Technopreneurship  –    Driving  Poten3als  of  Entrepreneurial  Engineers  

11th  of  August  2014    

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//What kind of Entrepreneur will

you be? !

The  Deal  Maker      

1. Rely  on  who  they  know    2.  No  real  value    3.  Inefficient  Necessity    4.  Patronage  Business    

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//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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//What kind of Entrepreneur will you be? – 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  

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//What you need to be an

innovator !

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)    

The  Core  Ingredient    What  successful  entrepreneurs  have  

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//What you need to be an

innovator – cont. !

Strategy  –  The  science  of  choosing  the  right  op3on    

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//What you need to be an innovator – cont. !

Adapta3on  –  Because  things  change    

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//What you need to be an innovator – cont. !

FAILURE    IS  NOT    THE  OPPOSITE    

OF  SUCCESS.  IT  IS    

PART    OF  SUCCESS  

Failure  –  Do  you  have  the  Guts  and  the  Endurance  ?    

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