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4types of Entrepreneurship
4types of Entrepreneurship
Entrepreneurship
1. Small Business
refers to opening a
business without turning
it into a large
conglomerate or opening
many chains.
2. Scalable Startup
Define as a business that relies on a
high-growth, scable products/services.
The startup is a company that brings
unique offerings into a market. Any new
or emerging business that has a high
potential for growth is a startup. The
key of scalable startup entrepreneurship
is in its scale and speed of growth.
3. Large Company
When a company has a finite
number of life cycles. It is
considered a large company
entrepreneurship. This is for
advanced professionals who know
how to sustain innovation and are
often of a large team of C-level
executives.
4. Social Entrepreneurship
The final model to consider is social
entrepreneurship, which seeks innovative
solutions to community-based problems. social
entrepreneurs “are willing to take on the risk and
effort to create positive changes in society through
their initiatives.” In other words, a social
entrepreneur launches an organization that’s
fundamentally about enacting positive social
change, not merely generating profits. The social
change in question may pertain to environmental
conservation, racial justice, or philanthropic
activity in an underserved community.
Characteristic that
make entrepreneurship
succesful
1. YOU HAVE A CLEAR
VISION
Once an
entrepreneurship has a
clear vision of what they
want to accomplish,they
can take the proper steps
2.YOU BELIEVE IN
YOURSELF AND YOUR
ABILITIES
Having the belief that
you can take your
product or business to
success is a sign of an
3. YOU TAKE CALCULATED
RISKS AND AREN’T AFRAID
TO FAIL
the entrepreneurial spirit thrives
on the ability to take chances and
rise if/when those chances fall
through. It is through those failures
that entrepreneurs can take the
time to assess what went wrong,
learn from those wrongs, and
continue to take risks.
YOU ARE RELENTLESS IN
4.
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