Many of us have heard of the word entrepreneur and the meaning that a single word transmits. Yes, an entrepreneur is one who is willing to own and operate and takes the risk of managing any business. It is he who manages all the factors of production to carry on production. But over time, the word entrepreneur’s competence has changed dramatically and has become a complete word that means many different aspects of the business.
Two important entrepreneurship extensions resulting from changes in the markets are the Technopreneurship and the Minipreneurship. Words are self explanatory but let’s try to look at these words in more detail and try to understand the basic essence of these words. Who exactly is a tecnopreneur, Well, it could be understood as a new age entrepreneur who uses technology to go out with something new or do some innovation. And once he succeeds, he takes advantage of his success in the money making market.
What distinguishes a technopreneur from any other businessman is the way a technopreneur manages his business. Its activity is generally characterized by a high growth potential and a high influence of knowledge and intellectual property. Moreover, it always has a viable exit mechanism.
So we can have a classic entrepreneur. He is the one who starts his own business. Or you can have an entrepreneur who starts a number of companies according to his potential. But the maximum number of entrepreneurs falls into the category of intrapreneur. These are those who use their creativity, their knowledge and their guidance in a large company. And yes, how can we leave aside a minipreneur. Yes, it is he who does not have a huge capital base to start a big business, but he is the one who starts a new adventure with this limited capital and with the help of that small capital base expands his business to great heights.
If you are thinking of starting a new business venture, you should evaluate yourself in an objective way if you are ready to do so. For example, if you are thinking of being a technopreneur, you must have some personal traits that include ambition, independent thinking, passion for your work, confidence in yourself to make bold decisions, commitment to your work , creativity in good doses, having the risk of taking skill and having a vision for the future.
So, if you want to be a technopreneur, start evaluating yourself, if you really are in favor. And be very honest about it. You can not cheat yourself. What are your interests, Are you really interested in being a technopreneur or do you join the bandwagon, Do you have the ability to be a technopreneur, What are the relative advantages and disadvantages of being a technopreneur,
You must be very sure of what you want. Another option could be to be a miniprenuer. The best thing is that you can continue in your current job and pursue your business in part time. And when you think you’re ready to follow him full time, you should leave your job and do it full time. It all depends on personal choice and personal will.