HYPERLINK “https://www.google.com/url?q=https%3A%2F%2Filearn.bond.edu.au%2Fwebapps%2Fblackboard%2Fcontent%2FlistContent.jsp%3Fcourse_id%3D_6436_1%26content_id%3D_289412_1&sa=D&sntz=1&usg=AFQjCNHoSL8jK_qjsdRbQiZEoqfwjEP-ow” t “_blank” Digital Business For Entrepreneurs

Importance of this topic

Digital business for entrepreneurs integrates all kinds of ventures together with the revolution of pre-existing businesses that promote the economy by establishing and adopting new digital technologies. With the current state of affairs in many businesses, there is bound to be large data generated, need for online social forums all this require adoption of digital technology so that a business betters its operations and realize fresh models of entrepreneurship facilitate intelligence in business and interact with stakeholders and clients. This topic is thus vital in creation of jobs and future business growth opportunities.

Current situation in my business

Currently my business faces many issues such as complex value chains, poor intelligence of the market, many inhibiting barriers, lack of investors and innovation and dark boundaries. My biggest issue is predicting the problems that my business might face in the future, and how we shall achieve our maximum potential.

Desired situation

I would like for my business to go an extra mile and establish a culture of digital entrepreneurship by bettering the outlook of digital entrepreneurs and facilitating their roles in society, facilitate easy access to finance and promote investments, improve company digital adoption, facilitate digitally reliant markets and developing and attracting entrepreneurial talent and skills.

Basic roadmap from current situation to desired situation

My basic strategy from current to desired situation shall be establishing a culture of digital entrepreneurship by promoting the outlook of digital business entrepreneurs and facilitating its society role, improving the quality and quantity of digital business entrepreneurial talent and knowledge so as to promote the growth of a superior blend of entrepreneurial knowledge and creative digital technology, better the ease of conducting digital businesses within and across companies so as to inspire supply and demand of digital technologies and establish fresh scale opportunities, promote financial access for all levels of business development and factor in digital entrepreneurial investments expansion and finally facilitate the take-up and adoption of digital business technologies by firms so as to revolutionize pre-existing businesses and models of operations in a bid to establish competitiveness and productivity.