Types of Entrepreneurs

Types of Entrepreneurs 1. authorized Entrepreneur. Wants to innovate, grow big and make a lot of money. The immaculate enterpriser is not interested in jump offing a short letter to go along herself a furrow. If you postulate to lift off a corporation, make it profitable and merchandise it, then you are a classic serial enterpriser. The SAC Entrepreneurship and cosmos Program wants to make sure that everyone understands Classical Entrepreneurship. Most community college entrepreneur programs focus on small stemma development. Many universities teach entrepreneurship, yet from a theoretical point of view. 2. Small occupation Entrepreneur.Also survive as an income replacement entrepreneur. This would include most family leted billetes and franchises. If you open up a small single restaurant, or procure a Pizza chanty franchise, you are a small businessperson, just now not a classic entrepreneur. If you buy a franchise you are executing individual elses plan. Many people jump-start a small business to result themselves a job. If you start a small business or buy a franchise, you need to study small business ownership and in that respect are lots of college classes on small business ownership, management, accounting and marketing, but these classes will not teach you to be a classic entrepreneur.You foot as well as get help from the Small Business Administration (SBA) and the SBDC (Small Business Development Center). We retain an SBDC here in Santa Ana. Multi-Level Marketing (MLM) is a face of small business owner. If you sell life insurance or tangible estate you are a small business owner. For example, many righteousnessyers, plumbers and landscapers start their own small businesses. See the admit, The E-Myth Revisited by Michael Gerber. 3. Lifestyle Entrepreneur. These are entrepreneurs that esteem what they do and want to live a certain lifestyle. They are normally not as cause by money as new(prenominal) entrepreneurs.They are willing to make sacrifices in order to stay with something they venerate and to lead a certain lifestyle. For example, hard core surfers may start a small surf shop knowing they will neer make much money financially but also know they will be outside in the surfing world they love. Ferriss in the 4 Hour Workweek is a Lifestyle Entrepreneur that is also a Classic Entrepreneur and an Income-Stream Entrepreneur and a Global Entrepreneur. single reason I love to teach college and not practice law is that I like the lifestyle of a college professor. . fond Entrepreneur. Social Entrepreneurs want to make money, but also want to save the world. They are motivated by money but also want to do something high-priced or helpful. They often want to follow the triple bottom line. The handed-down bottom line for a business is Profits. Social Entrepreneurs are motivated by the triple bottom line Profits, People and Planet. Social Entrepreneurs melt down to be idealistic. Many young entr epreneurs are interested in Social Entrepreneurship. Green Businesses are often started by Social Entrepreneurs.Social entrepreneurs are unruffled for profit businesses, but they have some of the characteristics of not-for-profit corporations. Here is what Wikipedia has to say well-nigh kindly entrepreneurship Social Entrepreneurship is the work of social entrepreneurs. A social entrepreneur recognizes a social problem and uses entrepreneurial principles to organize, create and manage a venture to achieve social change (a social venture). While a business entrepreneur typically measures performance in profit and return, a social entrepreneur focuses on creating social capital.Thus, the main aim of social entrepreneurship is to further social and environmental goals. Social entrepreneurs are most usually associated with the voluntary and not-for-profit sectors 1, but this need not preclude making a profit. Social entrepreneurship practised with a world view or external context is called international social entrepreneurship. 2 5. Not-for Profit Entrepreneur. These are entrepreneurs that are solely interested in doing something helpful and making the world a conk out place.After all, someone had to start the Red Cross or outsize Br early(a)s/Big Sisters. Non-Profits can be big businesses and pay a lot in salaries they just cannot make a profit. Peter Drucker, one of the best business minds ever, has written that he gauges that Not-for-Profit businesses are the most interesting of all forms of business and he thinks they have the most impact. 6. Global Entrepreneurs. Some people start businesses because they love to travel and want to interact with people in other countries. In the early 1990s I started a small handicraft company to do business in Indonesia.For a short measure I traveled back and forth and lived and worked in Southern calcium and Jakarta. Global Entrepreneurs combine a love of entrepreneurship and international business. 7. Science/ engi neering science Entrepreneurs. Much alteration comes out of new scientific discoveries and technological discoveries think the Internet or mapping humans DNA. Think engineers and silicon Valley. When you say the word entrepreneurship to people, many think of starting a company that uses some type of technology. 8. impersonator Entrepreneurs.Forget all the talk about innovation and creativity, you make money by finding a good business and figuring out how to make small but significant changes or improvements in that business with your new business. You can start a Copycat business fairly quickly. Copycat Entrepreneurs focus on operational morality and execution intelligence. 9. Creative Entrepreneurs. Some entrepreneurs are right brained entrepreneurs art, music and goal entrepreneurs. Often they create and learn from a non-linear visual point of view.Their book is The Creative Entrepreneur by Linda Beam. 10. Intrapraneurs. If you work for a company, but have a high degree of a utonomy, you are an intrapraneur. Imagine that you work for Motorola, a very large corporation. But, you run a division and every two years your division designs a project and competes with other divisions for the capital to guide out that project. You are acting like an entrepreneur even though you do not own the business. The word intrapraneur is out of fashion in academia today.As a teacher, I am an intrapraneur I have a high degree of autonomy, but I dont own the school. 11. Income Stream Entrepreneur. An Income Stream Entrepreneur is not looking to work in the business created. An Income Stream Entrepreneur may have a job and is just looking for extra money. The Rich public address system Poor Dad books talk a lot about creating income streams. An easy example is someone that creates a nice income stream by selling rare preposterous books on EBay. Rental properties that have a positive cash turn tail also create an income stream.