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Micro2 entrepreneur
There are self-employed individuals or self-employed teams who work collectively, and
no one works for each other. Over 75 percent of all entrepreneurs are the most common type of
entrepreneur. Most of them work individually without a formal association, with 97 percent
Sole proprietors: The sole proprietorship is the simplest form of company under which a
business can be operated. Single ownership is not a legal entity. This simply refers to an
individual who owns the company and is personally liable for its debts Ignited by freedom,
control from multinational corporations without advantages over financial and prestige
Urban entrepreneurs: An urban entrepreneur is anyone who begins without resources and
makes a successful business or brand; and someone who uses the perfect blend of books and
There is usually no innovative about this form of business where they usually find a
position where demand>supply or to provide quality pricing than competitiveness with the goal
of Get enough clients for your sales targets or your time. The initial investment typically depends
on small savings from businesspersons. Their promotion involves word of mouth and references,
type is not productive to venture in as it lack creativity in operation thus not preferable in
venturing
Micro entrepreneur
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Is a small business with not more than 10 employee and certain limit of turn over usually
$ 2 million? They have small access to commercial banking sector often rely on micro loans for
financing.
It is a sole trader or a one-person company registered under the name of the contractor.
As such, there is no difference between the owner and the company, meaning that the
entrepreneur is responsible for the company's debts. Micro entrepreneur may enjoy the benefit of
exemption from VIAT. The marketing involve innovativeness as well as creativity for
maximizing the profit. The required capital is general average rise generally I prefer the type as
help an entrepreneur grow in managing the small staff as well as gaining experience in the
market
Small entrepreneurs
This are small business owned and operated privately with a limited number of workers
and extremely low sales levels. Small businesses are typically companies, partnerships or sole
In my view, those boutiques, hair salons, yoga centers, etc. that you walk through
downtown are small businesses. A brick-and-mortar location connotes "small business" to me.
Even if it is your wife and daughter, workers are necessary. Instead of social media and the
internet, small businesses may use more "old school" types of marketing, such as print
advertisements or television ads. Is good to work ideally in as second alternative i.e. side hustle.
Growth venture
Small businesses are trying to accomplish rapid development and strong income growth.
These businesses also develop products and promotion plans to achieve profit and growth goals
with a number of investors providing cash flow. Quite definitely, the idea of probably going
public or transferring ownership for it to expand requires an ambitious business idea, new service
or product, and something in the value chain would need to raise capital from outside investors.
You need organizational strategy, concept creation, analysis, and national and international
viewpoint integration to start a growth company. Growth venture entrepreneurs' success will
depend on the creators of the high-growth venture plans appeared to have professional
experience and/or specialized training in their businesses. Second, business plans for future high-
growth projects were proposed mainly by categories of individuals versus individuals. Angels,
Context of entrepreneurs
Social entrepreneur
A social entrepreneur is an individual who is searching for innovative applications that will
have willingness to address community-based concerns. These individuals chose, by their efforts,
to take on the risk and commitment of making changes for the better society. The widespread use
of ethical principles such as expenditure of effect, mindful consumer culture and sustainable
entrepreneurs are not profit oriented rater service deliver to the society
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A social entrepreneur is concerned in opening a business not just for profit but for the
greater social goodSocial enterprises may attempt to create goods that are environmentally
responsible investment (SRI) and ESG investing, social entrepreneur is a growing activity.. The
type of entrepreneur is not preferable by the new entrepreneur as mainly cannot be crassfies as
the investment. It require time and capital for expenses of the society
Corporate entrepreneur
services provided by the organization within an available industry to generate value and generate
sales growth by entrepreneurial for entire action. Corporate entrepreneurship provides the history
of creativity in business.
innovative firms. It is good context to venture as it enable new entrepreneur to grow together in
Technological entrepreneurs
people that are closely linked to developments in scientific and technological knowledge to
well as to small or large companies. Just as start-ups do, existing and large corporations will
production process that derives from a group of skilled people from different fields, some or all
of whom are rooted in the technology direction they are trying to form in real time (Garud and
Karnøe, 2003).
introduce. It is about joint discovery and exploitation management, in which each individual has
duties and responsibilities in moving forward collaborative manner and cooperatively towards
International entrepreneurs
conduct that crosses national boundaries and is structured to generate value for organizations
(McDougall $ Oviat, 2012). When an entrepreneur goes to other nations to run and run their
territorial boundaries. Exporting products, licensing and opening a sales office in other countries
are these forms of entrepreneurship. Under this, an entrepreneur conducts all business operations
beyond the borders of the nation and implies the international growth of the company.
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To create value and develop the business, most companies across the national border. A
different set of groundbreaking activities carried out by most companies around the borderlines
and enhancing certain possibilities for developing such creative goods and services
Roles
Test credit worthiness within defined limits by reviewing loan applications and
documents
Determine all ratios and metrics applicable and create debt payment plans
Jobs creation: By design and interpretation, entrepreneurs are work creators, as opposed
to job seekers.
investing in the less advanced and disadvantaged communities assist with regional growth.
Industry and industry development in these areas leads to an improvement in infrastructure, such
as improved roads and rail connections, airports, reliable supplies of electricity and water,
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schools, hospitals, shopping malls and other public and private facilities that would not otherwise
be available.
Provision of GDP and per captor income: in country like India it comprised of over
35 million units, which provide with over 75 million people with jobs, now accounts for over
38 percent of GDP in the country. Every new addition to these over 38 million units allows use
of even more resources to produce goods and services that contribute to the country's national
revenue, national product and per capita income, such as property, labor and capital. Again, this
increase in GDP and per capita income is one of the basic priorities of economic development.
Standard of living: Enhancing the health and wellbeing of people in a society is another
key aim of economic development. Again, entrepreneurs play a key role in raising a society's
quality of living..
Due to the extreme crucial role played in supporting economic growth by leveraging vast
and untapped potential and overcoming challenges, venture capital is becoming increasingly
Venture capital supports emerging companies and new projects of current ones with
funding as well as expertise focused on high technology advances. Even in the pre-start stage, it
Venture capitalist creates a business strategy (in collaboration with the entrepreneur) in
the planning stage that follows the conceptual process, describing the market potential, the brand
The venture capitalist helps business transition to the level of exploitation, i.e. the launch
of innovation. The venture capitalist would try to create a timeline for meeting the defined
marketing, revenue and benefit objectives of production during the launch of the innovation.
Promoting sales, such as collaborating with sales to draft a job statement and creating
trust that the business can solve the issue of the client
Help the Customer Success team to maintain/expand existing business, either by restoring
customers. This could require anything from a "save" to a basic extension, but skilled services
Help the partner ecosystem do both by allowing them. Professional services are important
for empowering partners which can both provide clients with quality installation guide and who
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http://www.askivy.net/articles/venture-capital/venture-capital-explained/role-descriptions-in-
venture-capital
https://www.tutorialspoint.com/entrepreneurship_skills/entrepreneurship_skills_roles_of_an_entr
epreneur.htm
Top 10 Types of Entrepreneurs – Explained! (2014, May 20). Retrieved December 10,
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What Exactly Do Loan Officers Do? (2020, September 03). Retrieved December 10,