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Damon Becnel’s Essential Guide to Success as an Entrepreneur

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It’s tough to be an entrepreneur. Many factors contribute to success, and it can be difficult to know where you should start. An article by Entrepreneur Magazine states that the most important qualities for entrepreneurs are creativity, courage, curiosity, determination, focus, and resourcefulness. These skills will help you take your business in any direction you want! This is the essential guide to success as an entrepreneur, thanks to Damon Becnel.

Define your Goals

Setting specific, measurable goals will keep you on track. By writing your goals down and sharing them with other people in your life–like family members or close friends–you can make sure that they are achievable!

Be Creative to Stand out from the Crowd

Successful entrepreneurs always have a unique idea or vision for their company. This is what sets their business apart from others in the industry! If you want to be an entrepreneur who succeeds, then come up with at least one original product or service that no one else has thought of before.

Create Great Content

When starting as an entrepreneur, it’s important not to focus on selling products; You should also work hard to create valuable online content, so people know about your brand. The more people who know about your business, the better!

Create a Budget for your Business

Many entrepreneurs do not realize that they need to set a budget and manage money properly if their business is successful. If you want to be an entrepreneur who succeeds, always make sure that your expenses are less than the money coming in.

Don’t Give Up Easily

It’s easy to quit when things get difficult or overwhelming–but successful entrepreneurs don’t let challenges stop them from reaching their goals. If you’ve failed at something in the past, don’t let that stop you from trying again!

Be Resourceful!

Your creativity, courage, curiosity, determination, and focus will all come in handy when you’re working on your own without the help of others. You won’t have anyone telling you which direction to go or how long projects should take; So it’s up to you to find ways around problems as they arise.

Don’t Get Discouraged by Failures

Just because something doesn’t work out one way does not mean things are over for good. There may just be another solution lurking somewhere else–you just have to look for it! If at first you don’t succeed, then try again and don’t give up!

Hire Help When Needed

Many business owners mistakenly think that running a company means doing everything themselves. But the truth is, there are only so many hours in each day–and you will need to hire people who can do some of the work for you! Skillfully managing your employees and delegating tasks will help free up time for things like spending quality time with family members or promoting your brand online.

Don’t be Afraid to Ask for Assistance

Entrepreneurship requires courage, but it’s not always easy to find this within yourself when times are tough. Asking others for advice might seem difficult at first, but they may have valuable insights into how to make your business successful again. Additionally, if you’re having difficulties making ends meet financially, asking friends or

Work on your Personal Life

Many entrepreneurs make the mistake of neglecting their personal life too, focusing on business. But if you don’t take time for yourself, then you won’t have any energy left over to devote towards your company! Make sure that your days off are devoted entirely to you and your loved ones so that when business is over for the day, it’s truly over!

Don’t Discount Yourself

When we think of entrepreneurs, most people picture a man in a suit running his own company from an office building downtown. But this stereotype only makes many young women and girls believe they couldn’t possibly be entrepreneurs–after all, they don’t fit the “mold” of what a successful business owner is supposed to look like. But you shouldn’t limit yourself! Anyone can be an entrepreneur and succeed with hard work and determination.

Stay Organized and Plan Ahead

Successful entrepreneurs find ways to get organized! Making a schedule for yourself and setting goals each day is the best way to keep your business on track. You can even create a binder or folder containing all of the important information needed if you need it quickly, such as contact numbers, advertising strategies, and sales data.

Networking is Key to Success as an Entrepreneur

Many entrepreneurs mistake focusing all their energy on selling products or services–but this is a huge error. The truth is, you will have much more success if you learn how to network with others in your industry and build up a loyal client base! If possible, attend networking events, conferences, and trade shows to meet your target audience.

Don’t Forget about Social Media

Many entrepreneurs struggle with the idea of using social media because they aren’t sure how it will help their business grow. But if you are looking for a way to make new connections–or even rekindle old ones–it’s the perfect way to promote your brand and engage with customers! Just set up a profile on Facebook, Twitter, or any other social media site of your choosing and share interesting posts regularly.

It’s not an easy path, but it can be rewarding. If you’re looking for some guidance on how to start your own business and find success as a modern entrepreneur, this is the place to turn! You’ll learn about everything from getting started with entrepreneurship online to what it takes to make sure your company sticks around long-term. Get ready for advice that will help you achieve happiness in all aspects of life, work included!

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

Interview with Jason Ho, CEO of Teklium: A Vision for the Future of Technology

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Photo courtesy of Teklium 

By Mj Toledo

There is a wealth of experience behind Teklium, and it is embodied in its chief executive officer (CEO), Jason Ho. His educational foundation was laid at National Chiao Tung University and Pennsylvania State University, where he developed his skills in electrical engineering. With over 400 patents to his name, he has played a key role in advancing semiconductor technologies and artificial intelligence (AI).

From leading custom chip design for the F35 Fighter Jet to innovating at Teklium, Ho’s work has been adopted by major corporations worldwide. In this interview, he shares his vision for the future of technology and how Teklium’s developments fit into this broader landscape.

Q: Hi, Jason. For those who may not be familiar with Teklium, could you tell us more about your company?

Jason Ho: Certainly. Teklium is a technology company focused on improving AI and semiconductor technologies. Our mission is to create self improving AI systems and hardware that can tackle various technological challenges and shape the future of multiple industries.

Q: You hold over 400 international patents, with one of your most notable innovations being hydrogen battery technology. What inspired you to promote this sustainable transportation solution?

Jason Ho: I’ve always been deeply interested in finding sustainable energy solutions, especially in transportation. Traditional lithiumion batteries have clear limitations, both in terms of performance and their environmental impact due to resource mining. Hydrogen batteries present a promising alternative, offering both environmental benefits and faster refueling times, which could make electric vehicles more practical and appealing.

Q: What drove you to focus on hydrogen battery technology specifically?

Jason Ho: My collaboration with Mark Bayliss, President of Visual Link, played a significant role. Mark introduced the concept of a closed loop hydrogen system, and our joint efforts resulted in the development of a hydrogen battery technology that we believe can provide a clean and safer alternative to lithiumion batteries. This inspired me to continue refining the technology, working with Visual Link to bring it to market.

Q: How do you see your company’s hydrogen battery technology impacting the electric vehicle industry in the next decade?

Jason Ho: I’ve thought about this a lot. Our hydrogen battery technology has the potential to revolutionize the electric vehicle industry by offering a more efficient and sustainable energy source. The ability to refuel quickly, combined with the technology’s adaptability to a wide range of temperatures, could make electric vehicles far more practical and attractive to consumers in the long term.

Q: Can you explain the significance and potential impact of Teklium’s closed loop hydrogen energy system on global energy consumption?

Jason Ho: The closed loop hydrogen energy system is groundbreaking because it enables onsite hydrogen generation through water electrolysis, eliminating the need for external supply chains. This drastically lowers energy consumption and minimizes environmental impact by recycling water in a continuous loop. The system offers an environmentally friendly solution for industries beyond transportation, including energy storage and telecommunications.

Q: What challenges do you foresee in scaling up hydrogen battery production, and how does Teklium plan to address them?

Jason Ho: Scaling up hydrogen battery production comes with significant challenges, including the development of necessary infrastructure, reducing production costs, and ensuring safety standards. At Teklium, we plan to address these obstacles by partnering with industry leaders to build the required infrastructure and by investing in research to lower costs. We’re also committed to implementing rigorous safety protocols to ensure the technology performs reliably.

Q: How does Teklium’s strategy for AI infrastructure differ from traditional approaches?

Jason Ho: At Teklium, we’re taking a different approach by exploring ways to develop advanced materials and technologies that could improve the performance and efficiency of AI infrastructure. We’re focused on moving beyond traditional silicon based systems and envision a future where we can create three dimensional chip structures that significantly reduce data movement and energy consumption. By integrating memory and processing capabilities, we believe we can revolutionize AI workloads.

Q: Teklium has ambitious plans for extending Moore’s Law. Can you elaborate on how these plans could transform the semiconductor industry?

Jason Ho: Siliconbased chips are nearing their physical limits, so we’re exploring technologies that could allow us to scale transistor density both vertically and horizontally. By adopting these new approaches, we aim to significantly increase chip performance and, in doing so, challenge the traditional expectations of Moore’s Law. We also envision a future where chips are reusable and can be reprogrammed over decades, which could reshape the semiconductor industry’s business model in terms of sustainability and efficiency.

Q: What environmental benefits could Teklium’s technologies bring, particularly in reducing carbon emissions and resource consumption?

Jason Ho: Our innovations could have a profound impact on the environment. We’re committed to developing technologies that reduce resource consumption and minimize waste. By creating more efficient manufacturing processes and extending the lifespan of chips, we hope to significantly reduce electronic waste. Our work on AI infrastructure could also cut energy consumption in data centers by as much as 60%, which would translate into substantial reductions in carbon emissions. And, of course, our hydrogen battery technology offers a clean energy storage solution that could accelerate the adoption of renewable energy sources.

Q: Aside from electric vehicles, what are some other exciting applications of Teklium’s hydrogen battery technology?

Jason Ho: While electric vehicles are an obvious application, there are so many more exciting possibilities. Our hydrogen batteries could serve as large scale energy storage solutions, balancing grid loads and supporting renewable energy sources like wind and solar power. They could also power remote cell towers and data centers in areas where traditional power sources are unreliable. In aerospace, these batteries could enable long range drones and even electric aircraft. The potential applications in disaster relief and military operations, where portable and reliable energy is critical, are also very exciting.

Q: How does your collaboration with companies like Nantero and Visual Link advance Teklium’s technological developments?

Jason Ho: Our collaboration with Nantero is allowing us to explore advanced memory architectures, while our partnership with Visual Link offers crucial insights into practical applications and market needs. Visual Link also helps us navigate regulatory challenges, ensuring our innovations are commercially viable and compliant with industry standards.

Q: Teklium is involved in the concept of AI City in partnership with West Virginia Data Center Group. Can you tell us more about the vision for this project?

Jason Ho: AI City is an ambitious concept that we’re working on with the West Virginia Data Center Group to turn into reality. The idea is to create an intelligent infrastructure that incorporates cutting edge technologies in AI and data centers, optimizing everything from energy usage to communication networks. We envision a city that can learn and adapt to the needs of its residents, reducing inefficiencies and improving quality of life. It’s still in the planning stages, but we’re confident it can become a reality in the near future.

Q: What are your long term goals for Teklium, and how do you see your inventions influencing future generations?

Jason Ho: My long term vision for Teklium is to become a leader in sustainable technology solutions. We aim to continue pushing the boundaries of AI, semiconductor technology, and energy solutions. I want our innovations to inspire future generations to tackle global challenges like climate change and resource scarcity. Ultimately, I hope Teklium’s work contributes to a more connected and sustainable world.

While Teklium’s advancements may take time to fully realize, they open up exciting possibilities for addressing critical challenges like energy consumption and sustainability. Under Jason Ho’s leadership, Teklium is poised to make a significant impact on the future of technology and the environment.

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