Technological Entrepreneurship
Facebook founder's failure to apply and add virtual reality based features into Facebook, also, failure in the case of bringing about newness features into Facebook. Jeff Bezos's space agency "Blue-Origin'' and software(Alexa) 's activation' s success's failure, Elizabeth Home's eye washing shrewd hypocrisy with the bio-tech "Theranos'', Electrical Car Production Founder Elon Max's being owner of "Twitter'' dramatically, Financial Falsification and duplicity of the Cryptocurrency’s founder.Besides intellectual intelligence, honest-far-sighted views, well-timed decision, application of pliable behaviorism are equally important to retain the existing position.
How many qualities and abilities they are containing to be skilled entrepreneurship that is proved at the time of confronting financial risks-competitive challenges, through the proper coordination and control of the workers' activities.Also, skilled entrepreneurs must have prudence in the case of taking well-timed decisions, and the ability in the case of any kind of problem-solving skills. Moreover, the practice of the mutual understanding and mutual showing respect must have between the owner and the workers, otherwise, full productivity will never come from the workers that will slow down the progress and the development of the company which eventually, company will not be able to retain its position in the competitive market, in this case, another company will take place its position. For example: Tiktok has already taken Facebook's position in the competitive social platform's market through the addition of the new features that have already attracted the users of the social platforms.For instance, Elon Max's behavioral attitude towards his workers is too odd. No sooner had he taken the responsibility of Twitter than he started busy with the reduction of the increasing numbers of the workers, and giving too much pressure upon his workers. On the whole, his instant-indecisive initiatives are dwindling Twitter's popularity than before.Hence,to be a successful entrepreneur, these types of qualities and abilities are
essential.
In addition, integrity is the most important part in the case of being an honest entrepreneur. A precious example is "Bill Gates", founder of Microsoft. MS Word, MS Excel, MS Access, and MS Power-Point are highly used in educational-banking-financial-commercial-database management sectors. MS Applications are being updated adding new features from time to time in consideration of the users demands. Even, Technological giant "Google '' has added MS Applications as extension in Google Chrome Browser which consequently google users are getting the easiest accessibility, indeed. However, the massive usage of MS Applications, whereas, the temporal dependence on "Theranos' ' proves how indispensable the practice of honesty is to be a true entrepreneur!On the other hand, Elizabeth Homes is the worst example of being a despicable entrepreneur and the founder of Crypto-currency.Therefore,the position of honesty is the above.
However, honesty, well-timed decision, the coordination of work and the workers keeping mutual understanding, enriching and updating programming language of softwares of the social networking sites are crucial to retain its competitive tech market and its users.