Success Tips for Newbie Tech Entrepreneurs
Technology is fast reshaping how practically every business works, and is even altering industries conventionally viewed as stable. Across the sectors, from healthcare to education and all in between, businesses are operating with continuous disruption, and any new entrepreneur can quickly get lost in the maze of available options.
If you’re in the technology field, it can get very expensive to put together the technology platform you need. But the following tips can help you grow your business and add value to your clients without emptying your coffers:
Remain focused on your goal.
Technology is a powerful tool, but even if you use the most modern technology, you can only get so far with scattershot focus. As with everything else, you should be focused on what you aim for. If your plan is at least sketched out, you can start finding all the tools you need to reach your goal.
You may have the most complex and integrated technology platform, coupled with a phenomenal social media presence, but unless you are adding value to your customers, it won’t count. So first figure out what you’re good at and what value you can add to the market, and then build you plan around that.
Draw up your own technology strategy.
Most millenials think working around a strategy is a thing of the past, but surely not. While you test the different technology tools you intend to use, you still have to follow a logical and well-organized approach so you don’t end up wasting money.
Use free or cheap tech platforms.
Being an up and coming millennial technology entrepreneur, your best allies are the the cheap, if not totally free, technology platforms that can help your business soar. Connecting with your customers on social media can be done for little to zero cost, and is an awesome way to save a lot of tech dollars and invest in sweat equity instead.
Maximize your social media engagement.
Social media is probably the most powerful and important technology tool for budding entrepreneurs of today, but take note that it is not a one way street. Though mostly free, it calls for time, planning and energy before it can actually work. Go all the way with the “social” side of social media, that is, by directly linking up with your market or prospective market, as well as by networking with other entrepreneurs who could help you grow your business.
Always be current.
Lastly, technology outpaces itself at unprecedented rates, so fi you’re a tech entrepreneur, you can’t not be up-to-date!Finally, considering how technology quickly obsoletes itself, you can’t afford not to be current all the time – you’re a tech entrepreneur! The best news is this doesn’t have to cost an arm and a leg. Today, all you have to do is look for an MOOC (massively open online course) in any technology that may have caught your interest, and get straight to work.