ENTREP

Created by

Jiya A

Cards (56)

Building blocks of an economy
Innovating Entrepreneur
Adoptive Entrepreneur
Fabian Entrepreneur
Drone Entrepreneur
Innovating Entrepreneur
Aggressive in experimentation
Adoptive Entrepreneur
Imitative. They copy the innovations by others
Fabian Entrepreneur
Doesn't have the will to manage. Shy and lazy
Drone Entrepreneur 
Laggards. Doesn't copy others. Has own way
Types of Business 
Sole proprietorship
Partnership
Company
Corporation
Business Entrepreneur 
Conceive ideas and materialize
Trading Entrepreneur 
Concerned on trading not manufacturing
Industrial Entrepreneur 
Identify the needs and creates it
Use of Technology 
Technical Entrepreneurs
Non Technical Entrepreneurs
Professional Entrepreneurs
Technical Entrepreneurs 
Enter business to exploit inventions
Non Technical Entrepreneurs 
Not concerned with technical aspects but rather in promotional strategies and marketing
Professional Entrepreneurs 
Establish business but doesn't want to manage it
According to Motivation 
Pure Entrepreneur
Induced Entrepreneur
Motivated Entrepreneur
Pure Entrepreneur 
Psychologically motivated
Motivated Entrepreneur 
New entrepreneurs who desires fulfillment
According to Growth 
Growth Entrepreneur
Super-Growth Entrepreneur
Growth Entrepreneur 
Desire and ability to grow as fast as large as possible
Super-Growth Entrepreneur 
Enormous growth of performance in their venture
According to Entrepreneurial Activity
Novice Entrepreneur
Serial Entrepreneur
Portfolio Entrepreneur
Novice Entrepreneur 
Someone who is starting their first business venture and has no previous experience
Serial Entrepreneur 
Someone who starts numerous businesses over time, driven by the excitement of starting new ventures
Portfolio Entrepreneur 
Someone who owns and manages multiple businesses. Have business and just expands
Other Entrepreneurs 
First-Generation Entrepreneurs
Modern Entrepreneurs
Women Entrepreneurs
Nascent Entrepreneur
Habitual Entrepreneur
Lifestyle Entrepreneurs
Copreneurs
IT Entrepreneurs
Social Entrepreneur
Forced Entrepreneurs
Entrepreneurs by Inheritance
First-Generation Entrepreneurs 
Starts own business without prior family experience
Modern Entrepreneurs 
Adapts to market changes, leveraging technology to build their brand. Current market needs
Women Entrepreneurs 
Changing social norms and supportive laws
Nascent Entrepreneur 
Individual who is in the process of starting a new business
Habitual Entrepreneur
Individual who has prior business ownership experience
Lifestyle Entrepreneurs 
Their basic intention is to earn an income for themselves and their families
Copreneurs 
Married couples, jointly owning and managing a business
IT Entrepreneurs 
Creating a new business platform that takes them straight to the top
Social Entrepreneur 
Identifies societal issues and offers innovative solutions to address them, create positive social change
Forced Entrepreneurs 
Individuals who didn't plan to start their own business but are required to do so due to circumstances
Entrepreneurs by Inheritance 
Inherit their family business from the previous generation
Entrepreneurship refers to an action process. It is a creative and innovative
Frank Knight: 'It involves a specialized group or persons who bear 'risks' and meet the uncertainty'
Musselman and Jackson: 'Entrepreneurship is the investing and risking of time, money, and effort to start a business and make it successful'
Franklin Lindsay: 'Entrepreneurship is defined as anticipating the future requirements of society and successfully meeting these needs with new, creative and imaginative combinations of resources'
H. Cole: 'Entrepreneurship is the purposeful activities of an individuals, or a group of associated individuals undertaken to initiate, maintain and aggrandize profit by production or distribution of economic goods and services'