Types of entrepreneurship

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  Buyer entrepreneurship

  • Involves using wealth to buy and grow businesses, focusing on acquiring already established companies to expand profits to buy and grow businesses, focusing on acquiring already established companies to expand profits
• Researcher entrepreneurship: • Involves thorough research before starting a business, relying on facts, data, and logic to minimize failure
• Small business entrepreneurship:

  Involves owning and running a small business, often hiring local employees and family members
• Large company entrepreneurship:

  Involves companies with a finite amount of life cycles, suitable for advanced professionals sustaining innovation
• Scalable startup entrepreneurship:

  Entrepreneurs believe their company can change the world, seek funding from venture capitalists, and focus on rapid expansion and big profit returns
• Social entrepreneurship:

  Focuses on solving social problems, aiming to make the world a better place rather than seeking big profits
• Innovative entrepreneurship:

  Involves constantly coming up with new ideas and inventions to change people's lives for the better
• Hustler entrepreneurship

  Involves hard work and constant effort to grow a business, driven by aspirations and a willingness to face challenges