Types of Entrepreneurs

• Innovative entrepreneurs: These entrepreneurs have the ability to think newer, better, and more economical ideas of business organization and management. They are the business leaders and contributors to the economic development of a country.
• Imitating entrepreneurs: These entrepreneurs are people who follow the path shown by innovative entrepreneurs. They imitate innovative entrepreneurs because the environment in which they operate is such that it does not permit them to have creative and innovative ideas on their own
• Fabian entrepreneurs: These types of entrepreneurs are skeptical about the changes to be made in the organization. They do not initiate any inventions but follow only after they are satisfied with their success rate. They wait for some time before the innovation becomes well tested by others and do not result in a huge loss due to its failure
• Drone entrepreneurs: a person who lives on the labor of others. They are those individuals who are satisfied with the existing model and speed of business activity and show no inclination in gaining market leadership. In other words, drone entrepreneurs are die-hard. conservatives even ready to suffer the loss of business.
• Social Entrepreneurs: drives social innovation and transformation in various fields including education, health, human rights, workers' rights, environment, and enterprise development. They undertake poverty alleviation objectives and dare to overcome traditional business practices and innovate with the zeal of an entrepreneur.