Monday, 13 June 2011

Types of entrepreneurs

Craft entrepreneurs- they exploits and utilize a person's skills. They are survival driven and product oriented. They learn their skill through experience and from technical institutions.
Opportunistic entrepreneurs- they is interested in business expansion. they are opportunity oriented
Ego entrepreneurs-they can either be craft or opportunistic. Their main aim in business is to be recognized.
Social entrepreneurs-they are motivated by the desire to help and transform social environment and education in the society.

Intrapreneur

A person within a corporation,usually large who takes direct responsibility for turning an idea into a profitable finished product through assertive risk taking and innovation.

Definition of an Entrepreneur

Its is a person who has the ability to identify and evaluate a business opportunity by mobilizing necessary resources like finance and time to initiate a business activity with the main aim of making a profit.

Definition of entrepreneuship

It is the process of identifying various business opportunities and implementing them creatively and effectively.