CATEGORIES OF

UNIT 2 THE ENTREPRENEUR ENTREPRENEURS

CHARACTERISTICS OF
GROUP 3
ENTREPRENEURS
CATEGORIES OF ENTREPRENEURS
A. TYPE OF BUSINESS
B. STAGES OF DEVELOPMENT
C. MOTIVATIONAL ASPECTS
D. TECHNOLOGICAL ASPECTS
E. ACCORDING TO CLARENCE DANHOF
TYPE OF BUSINESS
1.Business Entrepreneurs
2.Trading Entrepreneurs
3.Industrial Entrepreneurs
4.Corporate Entrepreneurs
TYPE OF BUSINESS
5.Agricultural Entrepreneurs
6.Retail Entrepreneurs
7.Service Entrepreneurs
8.Social Entrepreneurs
 STAGES OF DEVELOPMENT
1. First Generation Entrepreneurs
2. Modern Entrepreneurs or
Innovative Entrepreneurs
3. Classical Entrepreneurs
4. Inherited Entrepreneurs
 MOTIVATIONAL ASPECTS
1. Pure Entrepreneur
2. Induced Entrepreneur
3. Motivated Entrepreneur
4. Spontaneous Entrepreneur
 TECHNOLOGICAL ASPECTS
1. Technical Entrepreneurs
2. Non-Technical Entrepreneurs
3. Professional Entrepreneurs
 ACCORDING TO CLARENCE DANHOF
1. Innovative Entrepreneurs
2.Adaptive Entrepreneurs
3.Fabian Entrepreneurs
4.Drone Entrepreneurs
CHARACTERISTICS OF ENTREPRENEURS
1.Passion and Motivation
2.Not Afraid to Take Risks
3.Self-belief, Hard Work and Disciplined
Dedication
4.Adaptable and Flexible
5.Product and Market Knowledge
 CHARACTERISTICS OF ENTREPRENEURS
6.Strong Money Management
7.Effective Planning Skills
8.The Right Connections
9.Exit Preparedness
10.Ability to Question Themselves
UNIT 3 SEARCH FOR BUSINESS ENTREPRENEURSHIP
OPPORTUNITY VISION & MISION
 VISION AND MISSION
entrepreneurship is about creating value to society
through innovative ideas, fueled by a vision for how to
make the world a better place, as well as a mission of
how to make that vision a reality.
People are often confused about what constitute a vision
and a mission. A vision articulates the big picture ideal
state that the organization or individual is going after,
while a mission defines the activities that the organization
engages in for specific audiences and how these
audiences benefit from that work.
Knowing your vision and mission provides focus
on what activities to pursue so that you know how
to commit your time and resources. In addition,
you signal to your audiences what you do and
how they will benefit. Vision and mission
statements serve as a source of inspiration to an
individual, the members of the organization or
collaborative group. In addition, they provide
clarity and help you stay on track as you deliver
on your mission.
 VISION AND MISSION
Why are vision and mission statements important?
Pinpointing a vision statement and a mission
statement requires not only a deep connection to your
work, but also creativity. You may find a profound
sense of purpose in your new venture, but if you lack
the ability to articulate your goals or the ability to put
your passion into practice, your business will likely
have a difficult time getting off the ground.