types of entrepreneurs Flashcards
1
Q
Name the (5) types of entrepreneurs
A
Nascent Novice Habitual Serial Portfolio
2
Q
Nascent
A
A person who has not started a business yet but is actively pursuing starting it
They may be in the process of developing their business plan, doing market research, or registering the business
3
Q
Novice
A
First time entrepreneurs who have no prior entrepreneurial experience
4
Q
Habitual
A
Persons who are in the habit of starting a business are not new to entrepreneurship.
The two types of habitual entrepreneurs are either serial or portfolio entrepreneurs.
5
Q
Serial
A
Entrepreneurs who start a business and develop it just enough to able to sell it for a profit.
