"Leadership is influence."

An entrepreneur who uses cutting-edge technology to develop new business.

Creating the “New” and destroying the “Old”:

The patents, technologies, processes, databases and networks.

One that derives a competitive advantage from direct or indirect use of technology.

Determine who the ideal customer is and what their pain points and needs are.

Elements of a Compelling Value Proposition:

They are entrepreneurs who used "technology" as their driven factor in transforming resources into goods and services, creating an environment conducive to industrial growth.

It may be a physical entity, or may be virtual.

"To organize the world's information and make it universally accessible and useful."

Are individuals in organizations with high entrepreneurial characteristics.

Is an entrepreneur who involves himself in technological changes in producing goods and services for his organization.

Demographic Characteristics:

Dynamic capabilities thus are the organizational and strategic routines by which firms achieve new resource configurations as markets emerge, collide, split, evolve and die

Relation Between Competitive Advantage and Firm’s Performance

It’s not magic, it’s not mysterious and it has nothing to do with the genes. It is a DISCIPLINE. And like any discipline, it can be learned.

Can be broad or extremely specific, depending on the customer’s buying criteria.

Analyze what the competition offers and identify gaps in the market that can be addressed.

Profit with honor.

Technology Push VS. Market Pull

Craft a clear, concise, and compelling message that resonates with the target audience, using language that is easy to understand and jargon-free.

It is an important part of any business or marketing plan.

A customer need that relates to how a person wants to be perceived by others when using a product or service.

Implement this on your website to provide search engines with structured data that helps them understand the content of your site.

Technopreneurial Process

Money is a:

Providing this of the value of the product or service through testimonials, case studies, or other evidence helps to build trust and credibility with potential customers.

Physiological Characteristics:

It is the method used to sort potential clients forsalesand marketing campaigns, advertising and promotions using income, demographic, and lifestyle characteristics of a market and census information.

While they aren't typically a customer's primary considering they can concern when a purchase, influence their final decision.

Market Size:

Management Skills:

6 Ways to Gain Competitive Advantage:

Entrepreneurial Process

Clearly communicating these of the product or service helps to differentiate it from competitors and demonstrates the value it provides to customers.

This process typically takes place early-on in the conception stage, before any significant investment has been made in developing the product.

Four (4) Life Principles:

It is a tool to identify and assess the attractiveness of business opportunity.

Societal Environment:

Is the practice of embarking on a new business or reviving an existing business by pooling together a bunch of resources in order to exploit new found opportunities.

In the world corporate business, they emerge as that breed who is a cross between managers and entrepreneurs.

It divides a market into well-defined slices.

It is to identify the appropriate number of nature of market segment and decide which one(s) to target.

It tells customers about a product or service’s unique benefits and value.

The first step of the consumer decision-making process is recognizing the need for a service or product.

It consists of a group of customers who share similar set of needs and wants.

Famous Technopreneurs:

It is the sum of all the buyers and sellers in the area or region under consideration.

The monitoring, evaluating, and disseminating of information from the external and internal environments to key people within the corporation to avoid strategic surprise and ensure the long-term health of the firm.

It should be clear, short, and easy to understand.

Are individuals or businesses integrated into business operations, often existing as employees or other functional groups within the company.

Leadership:

Technopreneur and the Economy ▪ Technopreneurs as agents of economic growth

Sony PlayStation Intraprenur: Company: Year Launched:

Crafting a Value Proposition:

"Your life is your best leadership story to inspire others. Write it well."

Test the value proposition with potential customers and refine the messaging based on feedback.

Are the individuals or businesses that purchases goods or services from another business.

__ is the common currency on earth.

It is the value, cost, and price of items traded as per forces of supply and demand in a market.

Three Elements of the Capital Factors Leading to Entrepreneurial Success

Regularly monitor the performance of your value proposition using analytics tools, and make adjustments as necessary to improve its effectiveness.

They work for the corporation but are given the task of starting new ventures.

A dynamic capability is the capacity of an organization to purposefully create, extend, or modify its resource base.

Those who develop unique technology capable of driving a new business.

Dynamic capabilities are the firm's processes that use resources-specifically the processes to integrate, reconfigure, gain and release resources to match or even create market change.

“Failure will never overtake you if your determination to succeed is strong enough”

2 Types of Customers

It is a key part of getting and keeping customers, making more sales, and growing a business.

Dynamic capabilities are the firm's ability to integrate, build, and reconfigure internal and external competences to address rapidly changing environments.

Dynamic capabilities are abilities permitting building and rebuilding competitive advantages in a turbulent business environment, as a result of creating new resources, sourcing them from environment, exploitation and usage in an innovative way and eliminating.

Technology:

Are important because they drive revenues; without them, businesses cannot continue to exist.

"If opportunity doesn’t knock, build a door. "

Search engines favor concise and specific language, so keep your value proposition brief and to the point.

__ is power.

Implement the value proposition and evaluate its effectiveness over time, making adjustments as necessary.

Market Grow Rate:

Creating the "New" and destroying the "Old"

Behavioral Characteristics:

Market Profitability:

"The secret of change is to focus all of your energy, not on fighting the old, but on building the new."

2 Types of Technology Entrepreneurship:

Market Segment:

Porter’s 5 Forces Models:

Able to offer one-day delivery anywhere in the world. They have their sorting and delivery facility that could process up to 1,000,000,000 parcels a year.

Leads to greater responsibility.

"To refresh the world...in body, mind, and spirit. To inspire moments of optimism and happiness... To create value and make a difference."

An innovator or developer who recognizes and seizes opportunities; converts these opportunities into workable/marketable ideas; adds value through time, effort, money or skills; assumes the risks of the competitive marketplace to implement these ideas; realizes the rewards from these efforts.

Are the most tangible and obvious of the three main types of customer needs.

Entrepreneur:

Refer to how a customer wants to feel.

QCD Framework:

When researching their options, consumers again rely on internal and external factors, as well as past interactions with a product or brand, both positive and negative.

It is an entrepreneur who is technology savvy, creative, innovative, and dynamic, dares to be different and takes the unexplored path (hungry niche), and very passionate about work being a solution provider.

A clear understanding of this is essential to crafting a value proposition that resonates with potential customers.

What Mind:

Its value is that your organization can uncover those problems before committing any significant time or resources to a product concept.

"The world on time."

You can still better your best.