What does TEK mean in TECHNOLOGY

TEK stands for Technology Entrepreneurship Kujichagulia. It is a term used to describe the process of applying entrepreneurial principles to the use and development of technology.

Kujichagulia is an African-American holiday celebrated on December 24th each year in honor of rising black consciousness and responsibility. It has since been adopted by many people as a term meaning ‘self-determination' or ‘self-actualization' - which fits perfectly with the concept of Technology Entrepreneurship Kujichagulia.

The application of TEK involves identifying innovative ideas or services based on existing technology, creating a business model around those ideas, launching a product or service, and growing that product or service into a successful business by investing time, money, and resources.

These activities include researching current technologies and trends, understanding industry needs, building relationships with partners and customers, understanding monetization strategies such as advertising models or subscription fees, developing marketing strategies for product launch/promotion, managing multiple channels including online channels such as web sites and mobile applications etc., developing customer acquisition strategies including search engine optimization (SEO) tactics etc., gathering customer feedback data, analyzing data for insights on user behavior/experience etc., forming partnerships with third party services providers for support/resources etc., raising capital from investors or crowdfunding platforms to grow further etc.

While it may require more effort than traditional entrepreneurship projects due to the need to understand technology concepts related to coding platforms etc., there are also advantages in terms of potential returns if one can successfully launch an innovative product or service leveraging existing technologies in the market place. With patience and perseverance combined with creative thinking anyone can develop an idea into reality though it requires practice - just like any other skill that needs mastering!