Explain types of entrepreneurs.

1)Drone entrepreneurs these are entrepreneurs who are satisfied mainly by the existing modes and the speed of the business activities and don not show any inclination for gaining market leadership as well.

2)Innovative entrepreneurs are type of entrepreneurs that mainly have ability of thinking newer better and also economically for better ideas in management and organization of a given business and they usually acts as business contributors and leaders.

3)Social entrepreneurs are type of entrepreneurs who ensure proper driving and transforming social factors including: health, education, human rights and enterprise development.

4)Fabian entrepreneurs are the ones who don't show any initiative when visualizing or implementing the new ideas and the innovations.

5)Imitating entrepreneurs are the type of entrepreneurs that usually follows the path shown mostly by the innovative entrepreneurs thus imitating the innovative entrepreneurs.

6) Craft entrepreneurs
- Exploits and utilizes personal skills to start a business without thinking of its growth or the expansion objectives
- Often times than not in this type of entrepreneurship;
i. There is no expanding even after a long time
ii. It is not business expansion oriented.
iii. The skills can be technical skills, professional skill e.t.c

7) Opportunistic entrepreneurs
- This is a person who starts a business, acts as a manager and with a view to expand the business to maximum.
- He might not have the skill or profession but he has the opportunity to start and direct others.
- He sees beyond and has abilities to initiate and venture into business that will expand and grow.
- He is innovative i.e. somebody able to delegate activities to others, ready and able to see, scan the environment.

8) Political entrepreneur
- Is a business person who utilizes political systems or seeks support from political bodies in order to promote, expand and profit from their own commercial ventures.
- Apolitical player who seeks to gain certain political and social benefits in return for providing the common goods that can be shared by an organized general public.

9) High Tech:
- New technological developments have created opportunities for those with the right technical expertise

10) Concept Multipliers
- Someone who identifies a successful concept that can be duplicated by others

11) Acquirer :
- Those who take over a business started by others and use their own ideas to make it successful

12) Buy/Sell artists: those who buy a company for the purpose of improving it before selling it for a profit.

13) Economy of Scale exploiters: Those who benefit from large volume of sales by offering discount prices and operating with low overheads.

14) Inventors: Those with particular inventive abilities who design a better product and then create companies to develop, produce and sell the item.

15) Speculator/Value: Those individuals who buy property at a low price with the anticipation that prices will go up and sell at a higher price.

16) Self-employed: individuals who perform all the work and keep all the profit.

17) Conglomerate: an entrepreneur who builds up a portfolio of ownership in small businesses, sometimes using shares or assets of one company to provide the financial base to acquire another.

18) Matriarch or patriarch: The head of family owned business who often employs several members of the family.

---

jim items answered the question on March 16, 2019 at 07:06