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Types of entrepreneurs
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Types of entrepreneurs

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These individuals perform all the work and keep all the profit

Self-Employed

These types of entrepreneurs see the success of others and tries to copy them exactly

Copycats

Researcher entrepreneurs usually believe in starting a business that has high chances of succeeding because they have put in detailed work to understand all aspects 1

Researchers

This are the types of entrepreneurs who come up with completely new ideas and turn them into viable businesses.

<p>Innovators</p> Signup and view all the answers

This are the types of entrepreneurs who copy certain business ideas and improve upon them. They are always looking for ways to make a particular product better so as to gain an upper hand in the market.

<p>Imitators</p> Signup and view all the answers

These types of entrepreneurs focus on starting small with the goal of becoming bigger in the future. Hustlers are motivated by their dreams and will work extremely hard to achieve them.

<p>Hustlers</p> Signup and view all the answers

These types of entrepreneurs have the money and specialize in buying promising businesses. Buyer entrepreneurs will identify a business and assess its viability, proceed to acquire it and find the most suitable person to run and grow it.

<p>Buyers</p> Signup and view all the answers

These entrepreneurs take over a business started by somebody else and use their own ideas to make it successful.

<p>Acquirers</p> Signup and view all the answers

These entrepreneurs buy a company to improve it so that they can sell it again for a profit.

<p>Buy-sell Artists</p> Signup and view all the answers

These entrepreneurs purchase a commodity and resell it for a profit. Real estate, art, antiques and crops are typical speculator items

<p>Speculators</p> Signup and view all the answers

These entrepreneurs see the success of others and immediately starts to question it. They examine that person's business and looks for the “lucky” breaks, or inheritance they think that successful entrepreneur received.

<p>Skeptical</p> Signup and view all the answers

These entrepreneurs are reluctant to change since they are very conservative and do not want to make any changes in the organization. They are happy with their present mode of business and do not want to change even if they are suffering the losses.

<p>Drone Entrepreneurs</p> Signup and view all the answers

They usually don’t have much know-how of the business world and most of the work is done by the professionals appointed by them.

<p>The Money Magnet</p> Signup and view all the answers

These entrepreneurs choose to start a business on their own with no intention of ever adding staff. They are the chief cook and the sole person responsible for the fate of the business.

<p>The Solopreneur</p> Signup and view all the answers

The entrepreneurs who undertake agricultural pursuits are called agricultural entrepreneurs. They cover a wide spectrum of agricultural activities like cultivation, marketing of agricultural produce, irrigation, mechanization, and technology.

<p>Agriculture Entrepreneur</p> Signup and view all the answers

who starts a business for which a widely known image has already been established. The franchisee owns the business and assumes its operating responsibilities subject to specifications set out by the franchisor.

<p>Franchisee</p> Signup and view all the answers

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