NATURE AND TYPES OF ENTREPRENEURS (TLE) Flashcards
What are the FIVE MAIN types of entrepreneurs?
- Self-employed
- Opportunists
- Acquirers
- Speculators
- Franchisees
Entrepreneurs who established their own business, do all work, and keep the profit by themselves.
Self-employed
These entrepreneurs look for opportunities and capitalize on them for their personal benefit.
Opportunists
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.
Acquirers
These individuals buy a product and resell it for a higher price to gain more profit.
Speculators
These entrepreneurs start an enterprise for which a widely known product brand has already been established.
Franchisees
What are the 15 types of entrepreneurs?
- Wantrepreneurs
- Side-Hustler
- Corporate Renegade
- Solopreneur
- Lifestyle Entrepreneur
- Serial Entrepreneur
- Investor-preneur
- Real Estate Entrepreneur
- Tech Disruptor
- Traditional Business Owner
- Socialpreneur
- Influencers & Celebrities
- The Artist
- Trend-Catcher
- E-Commerce Tycoons
This type of entrepreneur takes zero risks, loves the idea of being an entrepreneur, and has the courage to take action.
Wantrepreneurs
These entrepreneurs usually start small and turns to something big and are not ready to quit their job.
Side-Hustler
These entrepreneurs can’t really multitask well and are willing to risk it all or they had enough.
Corporate Renegade
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.
Solopreneurs
These entrepreneurs build their business around their lifestyle, wants more free time and your dream life.
Lifestyle Entrepreneurs
These entrepreneurs thrill in building something new and normally sees a business as a big game.
Serial Entrepreneurs
These entrepreneurs use resources to support companies, businesses, and sees potential in a disruptive product.
Investor-preneur
These entrepreneurs takes their gateway to wealth and success. It requires strategic and long-term thinking.
Real Estate Entrepreneur
These entrepreneurs take one of the riskiest paths to use, but usually the finish line has a really good reward.
Tech Disruptor
These entrepreneurs are the heroes in economy. They create jobs, provide essential services, and connect communities which create a big impact.
Traditional Business Owner
These entrepreneurs create business to make the world a better place. They create business that help poverty, climate change, and education gaps.
Socialpreneur
These entrepreneurs uses social-media as an advantage to enterprise and invest for their audience.
Influencers/Celebrities
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.
The Artist
These entrepreneurs try to spot the next big thing before it gets placed in the mainstream. They wait for the perfect time.
Trend-Catcher
These entrepreneurs understand that the internet is the ultimate storefront/source. They are usually experts in online businesses.
E-Commerce Tycoons