Types of Entrepreneurs

Types of entrepreneurs 1. spotless Entrepreneur. Wants to innovate, grow voluminous and catch up with a lot of silver. The classic enterpriser is not evoke in incisioning a craft to give herself a job. If you lack to gelt a company, cast it profitable and sell it, then you argon a classic serial entrepreneur. The SAC Entrepreneurship and Innovation Program requisites to make sure that everyone understands Classical Entrepreneurship. Most community college entrepreneur programs focus on comminuted phone line development. galore(postnominal) universities teach entrepreneurship, further from a theory-based point of view. 2. Small Business Entrepreneur.Also know as an income replacement entrepreneur. This would overwhelm most family owned businesses and franchises. If you open up a smaller item-by-item restaurant, or buy a Pizza Hut franchise, you ar a small businessperson, precisely not a classic entrepreneur. If you buy a franchise you atomic number 18 executing someone elses plan. Many deal start a small business to give themselves a job. If you start a small business or buy a franchise, you ingest to study small business ownership and there argon rafts of college classes on small business ownership, management, accounting and marketing, exclusively these classes will not teach you to be a classic entrepreneur.You can also guide help from the Small Business Administration (SBA) and the SBDC (Small Business Development Center). We set ab reveal an SBDC here in Santa Ana. Multi-Level Marketing (MLM) is a geek of small business owner. If you sell life insurance or real estate you are a small business owner. For example, many lawyers, plumbers and landscapers start their own small businesses. See the book, The E-Myth Revisited by Michael Gerber. 3. Lifestyle Entrepreneur. These are entrepreneurs that love what they do and want to live a certain lifestyle. They are usually not as motivated by cash as other entrepreneurs.They are free t o make sacrifices in order to stay with something they love and to lead a certain lifestyle. For example, hard core surfers may start a small surf shop knowing they will never make lots money financially but also know they will be outside in the surfing world they love. Ferriss in the 4 min Workweek is a Lifestyle Entrepreneur that is also a Classic Entrepreneur and an Income- bourgeon Entrepreneur and a Global Entrepreneur. One reason I love to teach college and not practice law is that I uniform the lifestyle of a college professor. . genial 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 good or helpful. They often want to follow the leash bottom caudex. The traditional bottom line for a business is Profits. Social Entrepreneurs are motivated by the triple bottom line Profits, People and Planet. Social Entrepreneurs tend to be idealistic. Many young entrepreneurs are interested in Social Entrepreneurship. Green Businesses are often started by Social Entrepreneurs.Social entrepreneurs are still for profit businesses, but they learn some of the characteristics of not-for-profit corporations. Here is what Wikipedia has to say about kindly entrepreneurship Social Entrepreneurship is the work of companionable entrepreneurs. A social entrepreneur recognizes a social problem and uses entrepreneurial principles to organize, arrive at and manage a venture to fall upon 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 commonly associated with the voluntary and not-for-profit sectors 1, but this need not preclude making a profit. Social entrepreneurship accomplished with a world view or outside(a) context is called in ternational social entrepreneurship. 2 5. Not-for Profit Entrepreneur. These are entrepreneurs that are totally interested in doing something helpful and making the world a better place.After all, someone had to start the Red Cross or Big Brothers/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 thinks 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 strike and want to interact with people in other countries. In the primal 1990s I started a small trading company to do business in Indonesia.For a short time I traveled back and forth and lived and worked in Southern California and Jakarta. Global Entrepreneurs corporate trust a love of entrepreneurship and international business. 7. Science/Technology Entrepren eurs. Much intention 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 forge entrepreneurship to people, many think of starting a company that uses some type of technology. 8. Copycat 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 reasonably quickly. Copycat Entrepreneurs focus on operational excellence and execution intelligence. 9. originative Entrepreneurs. Some entrepreneurs are right brained entrepreneurs art, music and design entrepreneurs. Often they relieve oneself 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 gear dot of autono my, you are an intrapraneur. Imagine that you work for Motorola, a very extensive corporation. But, you run a family and every two years your division designs a project and competes with other divisions for the capital to carry 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 bombard Entrepreneur. An Income Stream Entrepreneur is not feeling to work in the business created. An Income Stream Entrepreneur may have a job and is just looking for extra money. The Rich Dad Poor Dad books talk a lot about creating income streams. An easy example is someone that creates a refined income stream by selling rare comic books on EBay. letting properties that have a positive cash flow also create an income stream.