NATURE AND TYPES OF ENTREPRENEURS (TLE) Flashcards

1
Q

What are the FIVE MAIN types of entrepreneurs?

A
  1. Self-employed
  2. Opportunists
  3. Acquirers
  4. Speculators
  5. Franchisees
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2
Q

Entrepreneurs who established their own business, do all work, and keep the profit by themselves.

A

Self-employed

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3
Q

These entrepreneurs look for opportunities and capitalize on them for their personal benefit.

A

Opportunists

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4
Q

These entrepreneurs are good in taking over a business enterprise that has been operating for quite some time but about to close due to financial constraints or mismanagement.

A

Acquirers

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5
Q

These individuals buy a product and resell it for a higher price to gain more profit.

A

Speculators

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6
Q

These entrepreneurs start an enterprise for which a widely known product brand has already been established.

A

Franchisees

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7
Q

What are the 15 types of entrepreneurs?

A
  1. Wantrepreneurs
  2. Side-Hustler
  3. Corporate Renegade
  4. Solopreneur
  5. Lifestyle Entrepreneur
  6. Serial Entrepreneur
  7. Investor-preneur
  8. Real Estate Entrepreneur
  9. Tech Disruptor
  10. Traditional Business Owner
  11. Socialpreneur
  12. Influencers & Celebrities
  13. The Artist
  14. Trend-Catcher
  15. E-Commerce Tycoons
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8
Q

This type of entrepreneur takes zero risks, loves the idea of being an entrepreneur, and has the courage to take action.

A

Wantrepreneurs

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9
Q

These entrepreneurs usually start small and turns to something big and are not ready to quit their job.

A

Side-Hustler

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10
Q

These entrepreneurs can’t really multitask well and are willing to risk it all or they had enough.

A

Corporate Renegade

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11
Q

These entrepreneurs who master their own skills and make their own business and make their own rules. They want to control time, management, and etc.

A

Solopreneurs

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12
Q

These entrepreneurs build their business around their lifestyle, wants more free time and your dream life.

A

Lifestyle Entrepreneurs

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13
Q

These entrepreneurs thrill in building something new and normally sees a business as a big game.

A

Serial Entrepreneurs

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14
Q

These entrepreneurs use resources to support companies, businesses, and sees potential in a disruptive product.

A

Investor-preneur

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15
Q

These entrepreneurs takes their gateway to wealth and success. It requires strategic and long-term thinking.

A

Real Estate Entrepreneur

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16
Q

These entrepreneurs take one of the riskiest paths to use, but usually the finish line has a really good reward.

A

Tech Disruptor

17
Q

These entrepreneurs are the heroes in economy. They create jobs, provide essential services, and connect communities which create a big impact.

A

Traditional Business Owner

18
Q

These entrepreneurs create business to make the world a better place. They create business that help poverty, climate change, and education gaps.

A

Socialpreneur

19
Q

These entrepreneurs uses social-media as an advantage to enterprise and invest for their audience.

A

Influencers/Celebrities

20
Q

These entrepreneurs are devoted to their graphs and forget money exists. They understand that its not just about numbers, its about ideas, vision, and expression.

A

The Artist

21
Q

These entrepreneurs try to spot the next big thing before it gets placed in the mainstream. They wait for the perfect time.

A

Trend-Catcher

22
Q

These entrepreneurs understand that the internet is the ultimate storefront/source. They are usually experts in online businesses.

A

E-Commerce Tycoons