Technology can become a game-changer for entrepreneurs; it definitely improves productivity and can help them save time and money
It’s ‘technology’ that is celebrated on National Technology Day which falls on May 11, 2018. Highlighted on this day is the fact that it is the anniversary of 1968 Pokhran nuclear tests. It also emphasizes India’s technological advancements.
Tracing back the history, Pokhran nuclear tests were a series of five nuclear bomb test explosions conducted by India at the Indian Army’s Pokhran Test Range. On May 11,1998 India successfully fired ‘Operation Shakti’ missile at the Indian Army’s Pokhran Test Range in Rajasthan (the first among the five nuclear tests in Pokhran).
Talking about this day, brings into the picture, a number of top Indian luminaries. It was significant that our late President Dr APJ Abdul Kalam, had led the test. Later, declaring India a nuclear state was Prime Minister Atal Bihari Vajpayee. This made India the sixth country to join the ‘nuclear club’ of nations. Hence, since 1999, May 11 is celebrated as “National Technology Day”.
And, coming to the present times, PM Narendra Modi tweeted about the significance of the day, saying – “Greetings to everyone, especially our industrious scientists and those passionate about technology, on National Technology Day.” “We remain grateful to our scientists & the then political leadership for the courage shown in Pokhran in 1998,” he further tweeted.
The day glorifies the importance of science in day-to-day life and motivates students to adopt science as the career option. The day is important for scientists, engineers, planners and all others engaged in governance and nation-building. The ministry of science and technology coordinates different events. Many companies and individuals are awarded with National Technology Awards for adopting new technologies by the President of India.
So, it is important in today’s times, to invest in technology. Technology can become a game-changer for entrepreneurs. Technology definitely improves productivity and as far as entrepreneurs are concerned, it helps them save time and money. Some examples of technological advancements are – online accounting tools, website builders, cloud-based solutions and much more. The prospects that technology presents on a daily basis, shows businesses that they can achieve more, and in the process, make more money, plus have more time to focus on other areas in their lives.
If entrepreneurs are technologically equipped, it helps their businesses attract investors who will extend funds. And, for a startup founder, it is top-of-mind to get funds and stabilize the financial situation. In fact, raising capital can be one of the most difficult and tedious tasks for any entrepreneur. And, this process involves time, intelligence, creativity; and, in the long run, it does edge in a stroke of luck too.
However, there are plenty of new technologies, apps, and websites that aim to help business owners build connections, find investors, and grow their brands. It just takes perseverance and the ability to tell a story and choose the right platform for your product or service.
At the end of the day, starting your own business is a complicated, difficult exercise. So, why not take advantage of various technologies in order to simplify your life? Investing your time and effort into technology can bring in many advantages. It can help you attract funding as well as improve and grow your company. This move will also lead you to sure-shot success. And, let me tell you, it may just about be the most valuable decision you have ever made, as an entrepreneur!!
Avtar Madan
Poonam Sinha
Ruby Sinha
