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Saying that we live in a “digital age” is a bit cliché, but there’s no denying that the internet and social media have revolutionized the way we interact.
This dependence on digital tools also spills over into the business world. The pandemic has accelerated online shopping trends, and countless companies rely on SaaS and PaaS tools to keep their businesses running smoothly.
For entrepreneurs, this reliance on technology creates new opportunities.
With this transition, a new class of entrepreneurs have arisen – The Techpreneurs. Technopreneurship is a combination of technological advancements and entrepreneurial skills.
From Facebook to Google, from Skype to Snapchat, tech entrepreneurs have fostered new ways of creating value & doing business, while also creating entirely new industries of their own.
The tech sector has become one of the most important sectors in several nations worldwide. A sector that creates huge investments & plenty of economic benefits – not to mention the positive impact it has on people’s lives.
Techpreneurs successfully leverage high-end technology and advanced business practices to reinvent and reshape the society around them.
The only requisites to being a successful technopreneur are the ability to identify the real problems and the vision to transform them into business opportunities by intelligent use of technology and refined business acumen.
The technology entrepreneurs of the past were Nikola Tesla, Thomas Edison, Marie Curie, Alan Turing, and others. With the rise of the Internet and the age of computers since the 1980s, we have seen some great technopreneurs like Bill Gates, Mark Zuckerberg, and Steve Jobs.
These tech entrepreneurs managed to combine their technical abundances with teams of great management executives to build a legacy from the ground up.
The man behind the online empire of Amazon. The visionary genius who sits atop the online e-commerce giant. Worth a whopping US$182 billion as of April 2022, Jeff Bezos is definitely the man to look up to as an ideal technology entrepreneur.
Heralded as the ‘Real-Life Iron Man’, thanks to his antics and innovations, Elon Musk is a true technology entrepreneur and a genius visionary. He has a range of tech businesses under his belt such as Paypal, SpaceX, Tesla, Nerualink, The Boring Company and Open AI. And he made big waves after agreeing to buy Twitter for a staggering $44 billion dollars!
One of the most popular and visionary tech entrepreneurs of this age, Jack Dorsey is widely known for co-founding Twitter.
From writing software codes in school to co-founding the mammoth social media platform – Facebook, now called Meta, Mark Zuck became the world’s youngest self-made billionaire at age 23. Zuckerberg’s net worth is $74.5 billion according to the Forbes’ Real-Time Billionaires, and he’s now making waves in the Metaverse.
Computer programmer and tech entrepreneur who co founded Microsoft Corporation, the world’s largest personal computer software company. Microsoft, in addition to developing software solutions for the Internet, also moved into the computer hardware and gaming markets with the Xbox video machine
Jobs co-founded Apple & built it into the world’s most valuable company. He also helped transform other industries: personal computing, animated movies, music, phones, tablet computing, retail stores, and digital publishing. Touted as a great innovator, he applied imagination to technology and business.
So, who’s your favourite technology entrepreneur?
There are main areas on which a technopreneur needs to focus.
Entrepreneurship is not all about personal gain. It concerns crafting a lifelong plan to make a positive impact on society. Your character matters. Failure is okay, unethical practices are not. True wealth requires the creation of enduring value, which requires integrity and ethics.
In the past, the entrepreneurship playbook was an engineer coming out of an IIT & starting up. That is no longer the case. As internet adoption gets deeper & widespread, where entrepreneurs come from & the problems they solve are spreading beyond metros.
At Atria University, you will explore how entrepreneurs match promising technology with customer needs to launch successful new businesses. Using real-world examples, you will apply critical thinking to commercialize technologies and learn about the venture creation process from founders, funders, and industry experts.
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