Table of Content

Topic Page
1.0 Why the subject of entrepreneurship is important to be 4
studied and how this would benefit?
1.1 Description of entrepreneurship
1.2 Description and Example of Technopreneuship

2.0 Do you think is there a specific age and education is required 5-7
to become an entrepreneur?
2.1 Trend of entrepreneurs starts at an early age
2.2 The age of startup founders
2.3 Quotes from the successful entrepreneurs

3.0 In what way for those aspiring to become an entrepreneur in 8

Malaysia can get their support from entrepreneurial skills and
funding?
3.1 MARA
3.2 Loan facility by MARA
3.3 Program Pembangunan Usahawan Teknikal (PUTEK)
References

Technopreneuship
Available at: https://www.ciit.edu.ph/what-is-technopreneurship-meaning-
and-examples/

Age of successful entrepreneurs starts their business

Available at: https://magazine.wharton.upenn.edu/issues/spring-summer-
2020/at-what-age-do-successful-entrepreneurs-peak/

The age of startup founders

Available at: https://hbr.org/2018/07/research-the-average-age-of-a-
successful-startup-founder-is-45

Top 5 successful entrepreneurs without degrees

Available at: https://www.thegentlemansjournal.com/article/most-
successful-entrepreneurs-without-degrees/

Steve Job Quote:

Available at:
https://www.google.com/search?q=quotes+from+successful+entrepreneur
s+without+degree&source=lmns&bih=609&biw=1280&client=firefox-b-
d&hl=en&sa=X&ved=2ahUKEwih75y3sb39AhXOwzgGHZclA8MQ_AUoAH
oECAEQAA#imgrc=ageD_y9IwpEFIM

Elon Musk Quote:

Available at:
https://ng.opera.news/ng/en/education/38ff10c271b7dfc4ca80439a62e1a3
ac

Program Pembangunan Usahawan Teknikal (PUTEK)

Available at:
https://www.mara.gov.my/bm/menu_keusahawanan/kemudahan-
sokongan/pembiayaan-perniagaan/putek/#tab-id-4
1. Why the subject of entrepreneurship is important to be studied and
howthis would benefit?

1.1 The study of entrepreneurship is important because it enables

people to learn how to create and sustain their own businesses. It
teaches people how to identify opportunities, develop business ideas,
manage teams, secure financing, and build successful companies.

Various types of Entrepreneurs are running their businesses in several

fields according to their interests. An Entrepreneur is a person who
always finds out opportunities and converts it into reality in the form of
products and services to maximize profit and develop their business.

1.2 Technopreneurship:

For example:

In this era of technology, a technopreneur begins their business with

nothing but with a brainstorming idea. He identifies present practices
and assesses some new ideas to do something different. A person who
is engaged in technopreneurship creates a product or solution that
uses technological solutions to change the way of doing something in
an orthodox way. It improves how we have done something before and
how it has to be done in the coming future.

In the term technopreneurship is a combination of the words of

“Technology” and “Entrepreneurship”. It is entrepreneurship in the field
of technology. The process of technopreneurship is a combination of
technological advancements and entrepreneurial skills. These types of
entrepreneurship are suitable for a person who is intelligent, innovative,
tech-savvy, appetite, and passionate in the calculation of risk.
Technopreneurship gets to the next level of success through teamwork.

The product that employs technology solutions such as Uber is a

mobile platform which enables its vast network and technology to move
people and commodities from one location to another location. Food
banking such as Grab Food and Shopee Food and many more. All
these are example of Technopreneur development in Malaysia.

Technopreneurs are essential for the economic growth of a country.

They are people who start new companies or develop new
technologies. Techno entrepreneurs like Steve Jobs, Bill Gates, and
Mark Zuckerberg have helped to make the USA one of the most
powerful countries in the world.

Technopreneurs are important as they create jobs and use technology

as part of their business models. For example, Grab driver typically
need to learn how to use GPS or Wave apps so they can be more
efficient and deliver better customer service.
2. Do you think is there a specific age and education is required to
become an entrepreneur?

2.1 Mark Zuckerberg (Facebook), Jack Ma (Alibaba), Bill Gates

(Microsoft) started their own business at the ages of 19, 31 and 39
respectively. Hence there is no age limit or too young to be becoming
an entrepreneur.

Source from: https://magazine.wharton.upenn.edu/issues/spring-summer-2020/at-

what-age-do-successful-entrepreneurs-peak/

However, they are never too old to be an entrepreneur. The founders

of Apple (Steve Jobs) McDonald’s, Kentucky Fried Chicken were all
over the age of 50 when they launched these businesses.

Hence, age is not a factor to become an entrepreneur, because it

follows your passion and creativity. Being an entrepreneur is being able
to create something amazing and outstanding with a limited amount of
resources on hand. Challenges are inevitable, and overcoming these
problems is part and parcel of being an entrepreneur.
Source from: https://hbr.org/2018/07/research-the-average-age-of-a-successful-
startup-founder-is-45

Research above has shown that the average age of successful

startups founder is 45.

2.2 Education is important. However, There are no specific educational

requirements to become an entrepreneur but is it important to have a
strong understanding of business fundamentals.

You may be surprised that 5 of the most successful entrepreneurs

below are dropped off from college.

Entrepreneur Founder of
Bill Gates Microsoft
Steve Jobs Apple
Mark Zuckerberg Facebook
Michael Dell Dell
Walt Disney Disney
Source from: https://www.thegentlemansjournal.com/article/most-successful-
entrepreneurs-without-degrees/

2.3 Quotes from the successful Entrepreneurs

Job Steve once said 80% of billionaires don’t have a college.

Elon Musk once said “Don’t confuse schooling with education. I didn’t
go to Harvard but the people that work for me did.”
Quotes taken from pinterest
3. In what way for those aspiring to become an entrepreneur in Malaysia
can get their support from entrepreneurial skills and funding?

3.1 MARA – Majlis Amanah Raya Rakyat

MARA is a Malaysian government agency formed to aid, train and guide
Bumiputra in the areas of business and industry.

3.2 MARA offers loans to Bumiputera entrepreneurs. The loans may be

repaid either in the conventional western manner or via Islamic banking.
MARA also offers business starter courses, training, consultancy services
and marketing to help Bumiputra entrepreneurs.

Besides offering loans, MARA also offers educational opportunities to

Bumiputra, It operates junior colleges and universities such as Universiti
Teknologi MARA, Maktab Rendah Sains MARA to produce Bumiputra
students of potential in science and technology.

3.4 MARA launched Program Pembangunan Usahawan Teknikal (PUTEK)

on year 2022. This financing facility is open for young generation to start a
business in the technical field based on the skills they possess. The
facilities are offered in the form of matching grants that include 60%
funding and 40% grants if the payment is good. The funding limits from a
minimum of RM3000 to a maximum of RM500,000. The financing period is
from 1 year to 5 years without collateral and profit rate.