Entrepreneurship Levels and Types

An entrepreneur who uses technology to create innovative products and bring them to market.

An entrepreneur who identifies a social problem and aims to solve it using entrepreneurial principles and operations.

An entrepreneur who works within a large corporation, taking responsibility to turn ideas into profitable ventures.

An entrepreneur who moves between different companies, acting as an innovation champion and bringing new ideas to each.

An entrepreneur who operates internationally, conducting business across national boundaries.

An entrepreneur who focuses on environmentally sustainable business practices and operations.

An entrepreneur involved in farming and agricultural operations, encompassing everything from manufacturing to distribution of farm supplies.

All entrepreneurs who are not only driven by profit but also by a concern for social impact.

The first level of entrepreneurial development, where an individual focuses on their own business and performs most of the work themselves.

The second level of entrepreneurial development, where an individual starts employing others to manage the business.

The third level of entrepreneurial development, where an individual focuses on building strong management and leadership to oversee the business.

The fourth level of entrepreneurial development, where an individual explores investing in various assets like businesses, real estate, and the stock market to build wealth.

The highest level of entrepreneurial development, where an individual uses other people's resources (money, ideas, time) to create significant wealth.

The stages of entrepreneurial development, each level representing an increased degree of complexity and responsibility.

The ability to create new ventures and businesses, characterized by different levels of involvement and responsibility.

A state where a business operates successfully without the owner's constant involvement, typically achieved through effective leadership and systems.