8 Different Types Of Entrepreneur That One Can Embark On!

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What  are different type of  Entrepreneur that I Can do?

If an individual  or  a team of an individual is called  entrepreneur  it means that they act as  the oversee   and or  managers that, is responsible for the launch and growth of  that enterprise.

It is  a way or a process in which an individual and or a team identifies a business opportunity  acquirers and deployed the  necessary  resources that is required for its exploitation.

It can also define as an act of being an entrepreneur  and or  the owner or manager of a business enterprise who by risk and initiative attempts to make profits.

An entrepreneur is process of creating  something deferente, something new that can change and transmute values.

 Four criteria  to become entrepreneur

1.  The ability to recognise opportunities  and situation then  recombine resources to generate profit.

2.  Taking risk

3.  The organisation of the people and resources.

4.  The recognition of  information about opportunity.

8 type of entrepreneur that one  can embark on!
1.  Ethic or personal self employed entrepreneur

It is a process in  which business is belong to a person or ethnic minority.

Personal, self employ or ethic entrepreneur is often refer to as self employed business owners who belong to racial or ethnic minority group.

An examples of ethic entrepreneur is Chinese business owners in chinatown  and or Cuban business owners in italy.

2.  Millennial  entrepreneur

It is a process in which business owner who is affiliate with the generation that was brought up using digital technology and mass media,

Millennial  entrepreneur  also known as the business owners who are equipped with knowledge of new technology and new business models and often have a strong comprehensive knowledge of its business applications.

 

An examples of this types of entrepreneur is the creator and the owner of one of the largest social media platform, Mark Zuckerberg.

This type of entrepreneur is also known as Generation Y , it is consist of those where born during the year of 1980s and 1990s.

3.  Project-based  entrepreneur

It is the type of  organisations  which are concentrated on producing  a singular  objective  or goal.

Then when their project ends they dispatched. Project-based  entrepreneur  are individuals who are engaged in the repeated assembly or creation of temporary organisations.

 

A project entrepreneur who used to a certain approach and tean for a project may have to modify the business model or team for a subsequent project.

It has been said that project entrepreneurs  are exposed  to repeatedly problems and tasks that is of entrepreneurial process like, and that this problems are of two critical  challenges that is variably  characterize the creation of  a new venture.

The 2 critical problems that project-based  entrepreneur faces  and how to solve them.

1.   How to locate the right opportunity to  launch the project venture.

2.   How to assemble the most appropriate team to exploit that  opportunity.

 How to resolve critical problems that project-based  entrepreneur faces

To resolve this  challenge requires projectenterpreneurs to access an extensive range of information needed to seize new investment opportunities.

Resolving the  challenge requires  assembling a collaborative  team  that has to fit well with the particular challenges of the project and has to function almost immediately to reduce the risk that  performance might be adversely affected.

4.  Nascent entrepreneur

Nascent entrepreneur is a method in which  an individual   tried to establish a venture business.

Its can also be defined as an opportunity  and possibility to introduce  new services or products  to serve  new markets and to develop more efficient production methods in a profitable manner.

Nascent entrepreneur is a   opportunity  that has  to be first established as a venture idea.

The pursued opportunity is  perceptual in nature propped by the nascent  entrepreneurs personal beliefs about the feasibility of the venturing

outcomes nascent entrepreneurs undertake numerous  entrepreneur activities including actions that make their businesses more concrete to themselves and others.

Nascent entrepreneurs often seek financial backing from legal entities organize teams and dedicate all their time and energy to their business.

More to this is that nascent entrepreneur also seek  to purchase and obtain facilities and equipment.

5.  Feminist Entrepreneur

Feminist  entrepreneurs is a way in which women are motivated to enter  commercial  markets  by desire to create wealth

 

and social change based on the ethics of cooperation equity and mutual respect  in order to achieve much  more important.  It is a way of  “creating  women by women”.

A feminist entrepreneur is an individual who applies feminist  values and approaches through entrepreneurship with the goal of improving the quality of life and well-being of girls and woman.

6.  Cultural Entrepreneur

The cultural entrepreneur is a method in which an individual   and or collective agency  come out with idea to build and  sustain cultural authority.

It way of characterizing  an individual or collectives between cultural professions and modes of cultural production.

It has been said that there is 3 types of cultural entrepreneur.

The 3 types of cultural entrepreneur
  1. Cultural Personalities

The cultural personalities  is an individuals who build  the own personal brand of creativity as a cultural authority and leverage.

It is  means of creating  and sustaining varius enterprises.

 2. Tycoons cultural

The tycoon’s cuLtural  is a process in which an entrepreneurs build a substantial clout in the cultural  sphere by forging synergies between their industrial cultural political philanthropic interest.

3.  Collective cultural

It is an enterprises process in which  an organisations may engage in cultural production for profit  purpose  or  decides not to make profit out of  it .

7.   Institutional entrepreneur

In institutional entrepreneur human  resource is very unique.  Institutional entrepreneur is a process which human  resources are being combine together to  better  capture  and create business opportunities.

8.   Social entrepreneur

It is type of an entrepreneur that is comprise  many  varieties of organisation  with different aims and believes .

The social entrepreneur is a process in which entrepreneurs and other start up companies develops fund and implement solution to social, cultural or environmental issues.

The social entrepreneurs are may be of two type  either non profits or blend for  profit  purpose  to generating  money for  the society.

Here is 8   articles you should look-p to that will enlight and motivate your mind:

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conclusion

This are the type of  most entrepreneur that one can en-back on.  Although  some of the barriers to entry for  entrepreneurs may includes the economy debt  and the challenges of regulatory compliance.

what type of  entrepreneur   would you prefer?

If you are like an innovative  of new idea  and business pro mind you, a management skills and strong team building abilities are often perceived as essential leadership attributes to be  a successful entrepreneur.

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