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Most of us have heard of the word entrepreneur
and the meaning that single word conveys. Yes, an entrepreneur
is the one who is willing to own and operate and take the
risk of operating any business. He is the one who manages
all the factors of production to carry on with production.
But with time, the purview of the word entrepreneur changed
dramatically and it became a comprehensive word signifying
a lot of different aspects of business.
Two major extensions of entrepreneurship that
has resulted due to the changes in the markets are Technopreneurship
and Minipreneurship. The words are self explanatory but let's
try to have a look at these words in more detail and try to
understand the basic essence of these words. Who exactly is
a technopreneur? Well, he could be understood as a new age
entrepreneur who makes use of technology to come out with
something new or to make some innovation. And once he is successful
in it, he exploits his achievement in the market to make money.
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What differentiates a technopreneur from any
other businessman is the way a technopreneur operates his
business. His business is generally marked with a high growth
potential and high leverage of knowledge and intellectual
property. What is more, he always has a viable exit mechanism.
Then we can have a classic entrepreneur. He
is the one who starts his own business. Or you can have a
multipreneur who starts a number of companies as per his potential.
But the maximum number of entrepreneurs falls in the category
of intrapreneur. These are the ones who use their creativity,
their knowledge, and their drive in a large corporation. And
yes, how can we leave aside a minipreneur.
Yes, he is the one who doesn't possess huge
capital base to start a large business but is the one who
starts a new venture 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 of your own, you should asses yourself very objectively
if you are game for it. For example, if you are thinking to
be a technopreneur, you need to have some personal traits
that include being ambitious, independent thinking, passionate
about your work, self confidence to take bold decisions, commitment
to your job, creativity in good doses, having risk taking
abilities, and having a vision for future.
So, if you want to be a technopreneur, start
with assessing yourself, if you are really for it. And be
very honest about it. You can't cheat yourself. What are your
interests? Are you really interested in being a technopreneur
or are you joining the bandwagon? Do you have the aptitude
to be a technopreneur? What are the relative advantages and
the disadvantages of being a technopreneur?
You must be very sure of what you want. Another
option could be of being a miniprenuer. The best thing about
it is that you can continue in your present job and pursue
your business in part time. And when you think that you are
ready to pursue it full time you should leave your job and
do it full time. It all depends on your personal choice and
personal willingness.
What
is a minipreneur? | Want
to Be a Minipreneur? | Taking
Advantage of the Minipreneur Trend |
Who
is a Technopreneur And a Minipreneur?
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