Entrepreneurship: The 21st Century Tech-Preneurs

It may seem that a Tech-Preneur and entrepreneur are indistinguishable since many of their core skills are identical but at the end of the day, you can always use these features to differentiate the two.

One among the significant difference between Tech-Preneurship and the conventional entrepreneurship is the use of high technology. TechPreneurs use technology to solve problems in various industries like health, transportation, and agriculture.

Suffice to say, a good TechPreneur ought to have a winning combination of business and technical skills to make it big. Here is a look at the essential Tech-Preneur skills that every rising techie ought to possess to ensure that they survive in the industry.

Strong Communication Skills That Close Deals

Tech-Preneurs must communicate with diverse people about their business ideas and products. Also, to get sponsorship you must drive the message home in a proper way to potential sponsors. Similarly, every aspiring Tech-Preneur should have it at the back of their head that communication plays a significant role in determining their success. You need to understand where you are going, how to get there, who’s going to help you get there and how to convince them to help you get there.

Product Management Knowledge

The likes of Mark Zuckerberg (Facebook), Elon Musk (SpaceX) and Jack Dorsey (Twitter) have so many things in common? Other than being the CEO’s of the leading tech companies in the world, they are strong product managers. As a Tech-Preneur, you need to have a deep technical understanding of your product and understand the details without getting lost in the details.

Deep Technical Understanding

As a Tech-Preneur, it is important to be Tech-Oriented. We’re not saying that you must be a coding expert, but rather, to invest in your technical skills and understand the dynamics of your market.

Take Big Risks

While every Techno-Preneur’s story is unique, there is a common factor that unites them – they take risks. Taking risks of giving up something (political office or others for someone else) even when it’s a hard decision. As a Tech-Preneur, having the gambler mindset will serve you well.

Persistence

No great achievement in life is possible without persistence. A great Tech-Preneur will stay positive because the odds will always be against taking the first leap of faith. Persistence in Tech-Preneurship means sticking to the mission regardless of long or hard the road seems.

Clearly, at the end of the day, all Tech-Preneurs are entrepreneurs, but not all entrepreneurs are Tech-Preneurs.

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