How to be a tech Millionaire: Innovation and invention in technology make you a millionaire
How to be a tech Millionaire: Innovation and invention in technology make you a millionaire
If you want become a tech Millionaire then you need to read this article, this article will help you to reach your dream as this article will specify the way to get into your dream.
If you are good reader them probably you may be know about the story of apple and the story of Google, if you have a chance to watch a movie then please invest your time by watching a movie name “The social Network”. Whatever the topic you interest you please go and read everything, watch everything and experienced everything about that topic.
If you want to be a tech millionaire then there is no perfect time to experienced this art.
You will find this article very different from the rest of the article, because whatever write here is totally based on the real life scenario. I am not gonna tell you to start coding; it is important although, and I am not gonna tell you to make something that is totally new.
Topic that we will study
Create a Source:
When you have an idea about a anything then the most important thing you need is to convert that idea into product. That is called execution. If you are interested in Execution then you may hear this word multiple times in your career.
Your source of Money may be comes from.
It is often said that "Execution is more important then idea" people even convert the worst idea into better execution and that companies sale for more then Billion's.
So, what i mean by creating a source?
Sometimes, when you present your idea in front of investors that reject it by saying "We don't see any scope of this idea" or "what is new in this idea" or "Company X already did it and they failed".
This type of thing really hurts but the best thing is "You learned something"
By creating a source mean "Have enough money generating source that powered your Idea, in converting into product and later on it also support your plan A and Plan B.
When you have an idea about a anything then the most important thing you need is to convert that idea into product. That is called execution. If you are interested in Execution then you may hear this word multiple times in your career.
Your source of Money may be comes from.
It is often said that "Execution is more important then idea" people even convert the worst idea into better execution and that companies sale for more then Billion's.
So, what i mean by creating a source?
Sometimes, when you present your idea in front of investors that reject it by saying "We don't see any scope of this idea" or "what is new in this idea" or "Company X already did it and they failed".
This type of thing really hurts but the best thing is "You learned something"
By creating a source mean "Have enough money generating source that powered your Idea, in converting into product and later on it also support your plan A and Plan B.
Research about the tech:
Can you know about Steve Jobs, he has a lot of interest in electronics so that is up to you that which area of technology you more interested.
But, again you need to connect the dots of your life by looking backward and find out which field, you are more interested about.
Can you know about Steve Jobs, he has a lot of interest in electronics so that is up to you that which area of technology you more interested.
But, again you need to connect the dots of your life by looking backward and find out which field, you are more interested about.
Point out the weak points:
When apple introduce Iphone, it was a touched screen unlike other phones at that time. This moves give apple a high competitive advantage over other phones and apple market goes up. At the same time apple has its own operating system. This makes Apple Iphone a different product as compared to other phones.
So, what you need to do?
You need a idea that change the product view point in eyes of the customer, the better the product and innovation you introduce the better the competitive advantage you have.
When apple introduce Iphone, it was a touched screen unlike other phones at that time. This moves give apple a high competitive advantage over other phones and apple market goes up. At the same time apple has its own operating system. This makes Apple Iphone a different product as compared to other phones.
So, what you need to do?
You need a idea that change the product view point in eyes of the customer, the better the product and innovation you introduce the better the competitive advantage you have.
Design a tech gadget:
Now, you need to have a design a component a full part of a technology that will revolutionize the world. Then you need to convert your idea of a product into a business and make some money out of it. Sell it.
So, if a sum up the whole things, then you need to work in a field that interest you, then you will need to make a innovative solution for it, then you will need to do something that your product sells, then hire smart people, because when smart people work for you then you get to the point where you want to reach.
Now, you need to have a design a component a full part of a technology that will revolutionize the world. Then you need to convert your idea of a product into a business and make some money out of it. Sell it.
So, if a sum up the whole things, then you need to work in a field that interest you, then you will need to make a innovative solution for it, then you will need to do something that your product sells, then hire smart people, because when smart people work for you then you get to the point where you want to reach.
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