Question

Deliberate on the types of entrepreneurs under each classification

Answer 1

There are 5 types of entrepreneurs:

1. Innovators: Innovators are those who have come up with new buisness ideas and implement it.

2. Hustler: Hustler are those who have small buisness idea but they want it big in future

3. Imitators: imitators are those who innovate the old buisness idea and grow the buisness

4. Researcher: Researcher are those who have done research and then select buisness idea after doing research

5.Buyers: Buyers are those who have money and they buy promising buisness

Classification of entrepreneur according to stages of development

1. First generation entrepreneur

2. Modern entrepreneur

3. Classical entrepreneur

4.Inherited entrepreneur

Classification according to motivation

1.Pure entrepreneur

2. Induced entrepreneur

3. Motivated entrepreneur

4. Spontaneous entrepreneur

Classification of entrepreneurs on aspect of technology

1.Technical

2. Non technical

3. Professional