Digital Entrepreneurship: 5 Powerful Ways To Define It

What Is Digital Entrepreneurship? (An Introduction):

In the words of JP Allen, the author of the book, “Digital Entrepreneurship”, “The exact definition of digital entrepreneurship is still being debated, partly because it’s early days, and partly because it’s a moving target”.

However, Digital Entrepreneurship is a disruptive concept of the moment. You simply cannot have any tangible breakthrough in business today without a conscious and consistent application of Digital Entrepreneurship concepts.

Though, still on the embryo stage, Digital Entrepreneurship dislodges all conventional and traditional approaches to doing business in today’s world. Claiming to be ignorant of the subject of Digital Entrepreneurship tantamount to digging your business grave and burying your business future consciously.

Have you cared to ask why most businesses that were hitherto making impact sunk suddenly and speedily unannounced and unplanned? The lack of and non-application of this concept to the business processes is a key factor to watch, wedge, and win.

 But, before I proceed on this subject of Digital Entrepreneurship deeply, may I DISCLAIM …

that the information presented herein represents the view of the author as of the date of publication. Because of the rate with which conditions change, the author reserves the right to alter and update his opinion based on the new conditions. The report is for informational purposes only.

While every attempt has been made to verify the information provided in this blog post, neither the author nor his affiliates/partners assume any responsibility for errors, inaccuracies or omissions. Any slights of people or organizations are unintentional. Estimates of earnings are based on industry standard calculations and do not represent actual figures. Individual results may vary.

If advice concerning legal or related matters is needed, the services of a fully qualified professional should be sought. This blog post is not intended for use as a source of legal or accounting advice. You should be aware of any laws which govern business transactions or other business practices in your country and state. Any reference to any person or business whether living or dead is purely coincidental.

Digital Entrepreneurship Begets Competitive Edge And Nominal Dominion!

Logically speaking, setting up a business should be an exciting process. But, without the right information, it can also be a nightmare.

There are some major principles of modern entrepreneurship you need to know and apply, if you must make it in today’s digital economy. Until you adopt a disruptive approach to your business you might not make any meaningful headway doing it.

You need to learn the cardinal rules for achieving the wealth and freedom you ever desired so as to live the lifestyle of your dream in today’s economy.

Imagine Having A Business That Operates Successfully And Profitably Without You Actively Working Daily.

Imagine having a money-making machine that spins out unlimited money for you and your team without any additional input from you on a continual basis.

That is the kind of business breakthrough you enjoy with an adequate knowledge and application of the concept of Digital Entrepreneurship.

How about Building A Business That Works Predictably, Effortlessly, And Profitably Each And Every Day?

Have you ever dreamed of Building A Business That Works successfully and sustainably Without You?

Would you like to Get Free of Your Business to Live a Fuller Life?

Then, take the next few minutes to thoroughly read, study, understand the contents of this blog post.

Hear these: That you are a graduate of Business Administration or any related business course is not enough qualifiers to becoming a successful entrepreneur.

That you have an MBA certificate also does not automatically qualify you to become a successful entrepreneur.

That you can manage people does not make you a successful business person.

That you have acquired some specific skills like liquid soap making, disinfectants production, cakes baking, cars fixing, or any other related skill does not guarantee success in entrepreneurship.

Are you aware that some enterprises have crashed because the operator of such businesses did not know enough about the job. That you have the tools does not mean that you know the job? Every tool goes with training. …You must be trained to reign in life (Abioye; 2009:10)

You Need To Have These Three (3) Skills In You To Make It In Digital Entrepreneurship:

a.Technical skill: Ability to do something creatively.

b.Managerial skill: Ability to manage people to produce your expected results.

c.Entrepreneurial skill: Ability to think creatively, locate divine vision and delegate efficiently and effectively, without abdication (Losing your business in the process of delegating responsibilities)

The ultimate is to operate your business in consonance with digital principles; for the digital processes are the contemporary and disruptive approaches that guarantee business breakthrough and can unlock every door you need opened and keep you from failure.

Fortunately, when you capture these principles, you put some powerful forces into motion which will technologically disrupt your business activities and processes and launch you on the track of a competitive supremacy over others.

This is an eye-opening and thought-provoking blog post series!

You shall be learning virtually everything you need to know about starting/branding your own business and how you can digitally disrupt your business processes and consequent results.

For those who wish to start and brand their own businesses, this blog post series will serve as a road map to your business success.

Now, What Is Digital Entrepreneurship?

JP Allen further noted that Digital entrepreneurship is a term that describes how entrepreneurship will change, as business and society continue to be transformed by digital technology. Digital entrepreneurship highlights changes in entrepreneurial practice, theory, and education. It includes everything that is new and different about entrepreneurship in a digital world, including:

New ways of finding customers for entrepreneurial ventures.

New ways of designing and offering products, and services.

New ways of generating revenue, and reducing cost.

New opportunities to collaborate with platforms and partners.

New sources of opportunity, risk, and competitive advantage.

Speaking further, he posited that on a practical level, digital entrepreneurship opens up new possibilities for anyone thinking of becoming an entrepreneur…. It is also about new ways of thinking about entrepreneurship itself…. It opens up new questions about strategy, opportunity, and risk….. digital entrepreneurship opens new possibilities to train the next generation of entrepreneurs.”

 As one of the nation’s wisest blogger, author, trainer, and consultant on the subject of Digital entrepreneurship, I have been asked severally to define the concept of Digital entrepreneurship.

DIGITAL ENTREPRENEURSHIP ACCORDING TO GABRIEL ONYEKAWA?

In this blog post series, I have decided to give some definitions and meanings on the subject of Digital entrepreneurship. Follow me as we discuss more on the subject:

#Digital Entrepreneurship is the pursuit of opportunities without regard to resources currently controlled adopting a digital approach for a disruptive result in order to satisfy the nominal objective of the stakeholder in an organization.

#Digital Entrepreneurship is not a set of some digital skills skill but a digital process, a disruptive belief, and a digital commitment.

#Digital Entrepreneurship is a mode of thinking and acting which is consistent with the contemporary digital world for a sustainable digital future.

#Digital Entrepreneurship is a way of observing the digital and conventional world, of figuring out how to change it (Hopefully for the better), and, of becoming the person who is capable of implementing that change for a nominal result.

Nonetheless, Digital Entrepreneurship is more valuable, more challenging, and sometimes more difficult to explain, even for those who practice it and teach it. However, in the subsequent blog posts on this subject, I will throw more light on it so that your result henceforth will be consistent with your future and present expectations.

Would you still keep a date with me? If yes, in your own definition, what is Digital entrepreneurship? (Use the comment session and share your views. I would also like to read from you).

Better still, shoot me a WhatsApp message: +234 907 330 8104 (09073308104).

BONUS: I would give a 30% discount for all my books and e-books to as many as would like to connect with me. Be the first!