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#Entrepreneurship in the

Digital Age

Chapter 10

#Chapter Profile
Entrepreneurship Types of Entrepreneurs
Traditional vs Digital Entrepreneurship Entrepreneurship Process
How Traditional Businesses Can Use Technology to Grow?

Take Off Century #Critical Thinking
21 st
Skills
Answer the following questions with YES or NO:

1. Have you ever thought of starting your own business?

2. Do you know any famous entrepreneur?
3. If you had Rs.1000, would you start a business with it?

In the digital age, entrepreneurship is the process of starting and running businesses that leverage
modern digital technologies to solve problems, create value, and reach a global audience. In today’s
world, the basic need for digital entrepreneurship arises from the growing demand for convenience,
innovation, and connectivity. Consumers expect seamless online experiences, from shopping and
entertainment to education and services. In this scenario, entrepreneurs can take advantage of digital
tools such as e-commerce platforms, social media, cloud computing, and data analytics to build
businesses with a global reach.

For example, imagine a person who makes handmade jewellery. In the past, they could only sell their
products in local markets or small shops. Now, they can open an online store, use social media to
share their products, and sell to people all over the world. This makes it easier for small businesses to
compete with larger companies.

The digital age has made it easier for anyone to start a business with fewer resources. But it also
means entrepreneurs need to keep up with changing technology and learn how to use digital tools to
succeed.