Reflection on the Experience of Entrepreneur Mohammed Kimet

Reflection on the Experience of Entrepreneur Mohammed Kimet
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Introduction
Mohammed Hikmet, the creator of HMI Technologies, a developer and manufacturer of intelligent transportation systems was named EY Entrepreneur in 2019. Mr. Hikmet founded HMI Technologies with his brother Ahmed after moving to New Zealand with his family following the Gulf War in 1991EY Oceania, 2020). Mohammed saw a possibility of creating electronic road signs after launching a computer repair business. After that, he spotted an opportunity in the domain of autonomous automobiles after promptly realizing that these cars would eliminate the necessity for traffic signs and visual communication with drivers.
Many people have great ideas or a lot of money, yet they never seem to succeed in entrepreneurship. The biggest question that most aspiring entrepreneurs often ask themselves is what makes individuals like Mohammed Hikmet so successful.
Hikmet's Entrepreneurial Theories
The development of entrepreneurship is influenced by several things. For this goal, various hypotheses or models have been developed. Numerous philosophers have proposed various entrepreneurship development theories or entrepreneurial class development models. This reflective essay discusses some of the theories and concepts that apply to Hikmet's success over the past years. Entrepreneurship and innovation play a key part in economic success in our complex and changing world.
Innovative Theory
Although relocating to New Zealand may have provided Hikmet with the business environment he required realizing his vision, hard work was always on the table. Hikmet enrolled in an electronics program despite his background in computing. Most innovative entrepreneurs according to Shumpter (1942) are always yearning to do something innovative and take pleasure in ...