4. Passionate entrepreneur
7 types of entrepreneurs he loves to work. He is one of those who cannot just keep the idea in mind, but must make it come true. When something motivates him, he is filled with energy, so much so that he can spend hours and hours working without complaining. He really enjoys what he does. His advantage is passion, which will be the engine not to be defeated.
Recommendation for this type of entrepreneur : surely you are good at motivating people, but you must take into consideration that your ideas have to be attractive to others as well. Be smart to direct your idea towards something profitable; You can help yourself by reading about entrepreneurship, for example with these 10 unmissable books .
Characteristics of the Passionate Entrepreneur
This entrepreneur is one of those people who captivate when speaking, because they explain their ideas with great passion for what they do. Among the main characteristics of it stand out:
- Energetic
- Dynamic
- In focus
- inspiring
- obsessive
Example of the passionate entrepreneur
Every entrepreneur has a great drive to work to materialize their ideas. An example is Andrés Moreno , the creator of Open English , an English teaching system that has become popular in Latin America. Andrés started his business with few resources, but overflowing with his passion when he saw that the English language could be a barrier to the professional and personal development of any Latin American.
5. Entrepreneur out of necessity
Your lack of options motivates you to generate income quickly. Being an entrepreneur out of necessity does not mean that you are forced to be, but rather that you are very quick to look for opportunities. This type of entrepreneur is good at developing ideas and putting them into action in a short time.
Recommendation for this type of entrepreneur: surround yourself with a work team that will help you achieve your goals. Remember that not only is it enough to have an idea, but it is also profitable.
Characteristics of the entrepreneur by necessity
In this case, the context has helped him discover the entrepreneur who already lived in it, so its main characteristics are:
- Stubborn
- Skilled
- Deal maker
- decisive
- Decided
Example of the entrepreneur by necessity
This type of entrepreneur has no time to lose, so he sets very clear objectives and is based on results. An example in this category is Cris Urzua , a Mexican entrepreneur who, being in an economic crisis, saw the need to do something to get out of that situation and created an academy (MAS Academy) and several programs focused on the training and development of sales.
6. Persuasive entrepreneur
He knows how to positively influence people’s actions, as he is a born leader. He may not be an entrepreneur who gives ideas, but he is the person who leads and provides the necessary impetus to carry them out. He is usually the one who gets people to join a project or knows how to attract clients.
Recommendation for this type of entrepreneur: if you are persuasive, never use your ability for negative actions. Get the best out of others and get good deals for your business without manipulating.
Characteristics of the persuasive entrepreneur
This type of entrepreneur is both a natural leader, who knows how to move people and works with teams, which he helps to enhance the capabilities of each of its members. Among his characteristics we have:
- Leader
- influencer
- motivator
- Affable
- Empathic
Example of the persuasive entrepreneur
These entrepreneurs stand out from the crowd and are a source of inspiration. An example can be Seth Godin , an American entrepreneur and motivator, who gives various conferences on marketing, technology and leadership topics. In addition, he is the founder of Akimbo, an educational platform.
7. Social entrepreneur
Make no mistake: the social entrepreneur is not the one who knows how to relate to everyone or the one who has many friends. His work goes further, as this type of entrepreneur wants to change the world.
It is common to see him looking for innovative solutions and trying to positively influence others and the world. His cause focuses on promoting and generating profits to combat problems in society, such as discrimination, poverty, damage to the environment, among others.
Recommendation for this type of entrepreneur: if you are like this, we suggest you use all your energy to create solid businesses that provide the stability your social causes need. Do not lose control of your projects.
Characteristics of the social entrepreneur
This entrepreneur proposes causes for the good of humanity, so he is a warrior, revolutionary and a bit of a rebel, which can cause him some trouble organizing. If it is difficult to undertake, it is twice as difficult if you fight for a social cause. For this reason, among its characteristics, the following stand out:
- strong values
- Full
- Sensitive
- courageous
- Solidary
Example of the social entrepreneur
His venture focuses him on something that will benefit many. An example of this type of entrepreneur is Inés Vázquez Ríos , an exceptional female entrepreneur who founded Adalab , a school to help women in technological training. Obviously her cause is to encourage and empower women.
8. Entrepreneur by chance
This type of entrepreneur may have inherited a successful business. Many times he was invited by friends or relatives to be part of a project and he accepted. Among his characteristics is that he likes to take risks.
Recommendation for this type of entrepreneur: be organized and committed. If you have a good business, then do not neglect it, because you run the risk of losing it. If you do not have training in business management, it is never too late for you to start learning.
Characteristics of the entrepreneur by chance
It is also of great value to take advantage of chance, that is, being at the right time in the right place. These entrepreneurs stand out for these characteristics:
- Engaged
- Systematic
- Adventurous
- Diplomatic
- Bold
Example of the entrepreneur by chance
This type of entrepreneur depends in a certain way on others or on a specific context, but when they have reached that point where they can undertake, they do so with great dedication. An example in this category is the Argentine Marcos Galperin , creator of the successful e-commerce platform Mercado Libre . Although he was a committed scholar who had entrepreneurial ideas, chance contacted him with finance professor Jack McDonald, who helped him materialize what is today one of the most famous marketplaces in the world.
9. Intuitive entrepreneur
He follows his hunches and is carried away by his impulses. Such an entrepreneur seems to sense good opportunities and take risks. Not asking for someone else’s advice is one of his potential downsides, which can lead him to make bad decisions.
Recommendation for this type of entrepreneur: if you are an entrepreneur of this type, it is better that you surround yourself with a working group that will help you carry out deeper analysis of your hunches. It is important that you take advantage of your ability to find opportunities, and achieve profitable and generous ideas.
Characteristics of the intuitive entrepreneur
More than dreaming about his ideas, this entrepreneur feels them and these sensations become the guide for his actions. They stand out for being:
- Sensible
- Observer
- holistic
- Outgoing
- Risky
Example of the intuitive entrepreneur
All types of entrepreneurs have a high capacity for intuition, but in this case it is their very essence, so they are people who make connections to events where others do not see them. An example of an intuitive entrepreneur is the Guatemalan Luis Von Ahn , who followed his hunches to understand what people need and connected it with his computer knowledge to create solutions such as Captcha and Captcha, acquired by Google in 2009.
10. Specialist entrepreneur
He is often confused with the visionary entrepreneur, although the difference is that his vision focuses on a single project or a specific topic. He is very good at reasoning, and by concentrating on a single topic, he becomes an expert.
Recommendation for this type of entrepreneur: if you think you are a specialist entrepreneur, do not leave aside other knowledge or opportunities that can complement your ideas. You don’t know if your vision can become more powerful if you let others influence you in a positive way.
Characteristics of the specialist entrepreneur
This is an entrepreneur more focused on something, who knows how to identify his abilities and take advantage of them, so his most important characteristics are:
- Balanced
- Goal
- In focus
- Trusted
- Cautious
Example of the specialist entrepreneur
In this area there are many entrepreneurs who have had a single great idea, but very well materialized. One example is Jimena Flórez , a Colombian businesswoman who founded Chaka Healthy Snacks , a company focused on healthy foods. Jimena is not a woman of a single idea, but she has specialized in the field of food and health; Her efforts prior to this company were focused on pretty much the same industry until she achieved success with Chaka Healthy Snacks.
And just as there are different types of entrepreneurs, the reasons for which they are undertaken can also be diverse. Next, we share the most common ones.
Types of ventures
- scalable entrepreneurship
- social entrepreneurship
- novel entrepreneurship
- imitation entrepreneurship
- opportunistic entrepreneurship
- small business
- incubator entrepreneurship
- technological entrepreneurship
1. Scalable entrepreneurship
While all types of startups seek to grow, not all brands or businesses expect to become multinational companies. Perhaps the sector or the type of product or service is not so scalable, so the main objective is to position it in the market and keep it profitable to cover the basic needs of the entrepreneur.
For example, a small business involves a smaller investment and a reduced number of employees. This can stay as a local business or scale a bit through an ecommerce and shipping to different areas of the country. However, there are also those ventures in which the entrepreneur seeks to expand in the medium or long term. This may mean becoming the leader in your industry or sector or opening more branches across the country or around the world.
This entails greater financing and even getting partners who are committed to the venture so that it can grow in a sustained and safe way. Similarly, it requires more employees and technology that can help manage the business as it grows. In this sense, you can rely on a business simulator to learn and measure what a venture requires.
2. Social entrepreneurship
This type of entrepreneurship can also be known as humanistic entrepreneurship and seeks to generate an impact on society. It does so through the resolution of various problems such as ethical, environmental, health, educational or human rights.
Social entrepreneurship is often spearheaded by non-profit companies. This means that they require the support of foundations or organizations that sympathize with their causes in order to obtain both financial and advertising resources. In this way, they can spread the message properly and successfully.
3. Innovative entrepreneurship
This type of entrepreneurship is based on the development and research of an innovative product or service that has a positive impact on the current market. New ventures often require strong investor support, as the development phases can be costly. With the necessary support and effort, it can become a highly profitable venture due to its innovation and urgency of use. There are financing programs known as incubators that help entrepreneurs develop their projects.
4. Imitation entrepreneurship
When a current idea in the market is functional, it is completely valid to want to repeat it. The imitation or mirror entrepreneurship is based on setting up an idea already established by other entrepreneurs and replicating the success obtained.
An example of imitation entrepreneurship can be the acquisition of a franchise already established in the market. While the idea is functional and profitable, a fair amount of investment is needed to pay for the use of the brand and hire the right staff to put it to work.
5. Opportunistic entrepreneurship
This type of venture requires an entrepreneur capable of detecting urgent needs or at specific times. This business model must be designed quickly and intelligently to make the most of a situation. Where there is a lack, there is a business opportunity.
6. Small business
A small enterprise refers to those small companies formed, for the most part, as a form of self-employment. It can also be called a sole proprietorship, since the business is usually run in all respects by the owner and has few employees. It is usually started with its own capital and is considered local as it does not have an immediate intention to expand or become a global company.
7. Incubator entrepreneurship
It is estimated that there are more than 6,000 startups operating in Latin America . Although this type of venture is usually very risky, since 90 out of 100 startups fail after 2 years , they can also become highly profitable and have a very positive impact both financially and socially.
This type of venture requires a lot of research, as well as external capital to carry out the necessary analyzes to determine which businesses are most likely to generate successful results.
8. Technological entrepreneurship
As its name indicates, this type of entrepreneurship is related to technology or science. It is usually combined with innovative entrepreneurship, since the products or services developed are very innovative and generate a great impact in the market. Although it is a type of venture that requires large capital, these projects are regularly supported by government or private entities, who are in charge of providing everything necessary for the product or service to go on the market as soon as possible.
Nowadays we can know of many successful entrepreneurs who have revolutionized the world, but why not become the protagonist of your success story too? Analyze the types of entrepreneurs and ventures that we share with you in this article and determine which one you are. Based on this, start drawing your goals and get to work. Editor’s Note: This article was originally written by Ana Isabel Ordo, but has been edited and updated by Shelley Pursell for better understanding and relevance.
6. Persuasive entrepreneur
He knows how to positively influence people’s actions, as he is a born leader. He may not be an entrepreneur who gives ideas, but he is the person who leads and provides the necessary impetus to carry them out. He is usually the one who gets people to join a project or knows how to attract clients.
Recommendation for this type of entrepreneur: if you are persuasive, never use your ability for negative actions. Get the best out of others and get good deals for your business without manipulating.
Characteristics of the persuasive entrepreneur
This type of entrepreneur is both a natural leader, who knows how to move people and works with teams, which he helps to enhance the capabilities of each of its members. Among his characteristics we have:
- Leader
- influencer
- motivator
- Affable
- Empathic
Example of the persuasive entrepreneur
These entrepreneurs stand out from the crowd and are a source of inspiration. An example can be Seth Godin , an American entrepreneur and motivator, who gives various conferences on marketing, technology and leadership topics. In addition, he is the founder of Akimbo, an educational platform.
7. Social entrepreneur
Make no mistake: the social entrepreneur is not the one who knows how to relate to everyone or the one who has many friends. His work goes further, as this type of entrepreneur wants to change the world. It is common to see him looking for innovative solutions and trying to positively influence others and the world. His cause focuses on promoting and generating profits to combat problems in society, such as discrimination, poverty, damage to the environment, among others.
Recommendation for this type of entrepreneur: if you are like this, we suggest you use all your energy to create solid businesses that provide the stability your social causes need. Do not lose control of your projects.
Characteristics of the social entrepreneur
This entrepreneur proposes causes for the good of humanity, so he is a warrior, revolutionary and a bit of a rebel, which can cause him some trouble organizing. If it is difficult to undertake, it is twice as difficult if you fight for a social cause. For this reason, among its characteristics, the following stand out:
- strong values
- Full
- Sensitive
- courageous
- Solidary
Example of the social entrepreneur
His venture focuses him on something that will benefit many. An example of this type of entrepreneur is Inés Vázquez Ríos , an exceptional female entrepreneur who founded Adalaj , a school to help women in technological training. Obviously her cause is to encourage and empower women.
8. Entrepreneur by chance
This type of entrepreneur may have inherited a successful business. Many times he was invited by friends or relatives to be part of a project and he accepted. Among his characteristics is that he likes to take risks.
Recommendation for this type of entrepreneur: be organized and committed. If you have a good business, then do not neglect it, because you run the risk of losing it. If you do not have training in business management, it is never too late for you to start learning.
Characteristics of the entrepreneur by chance
It is also of great value to take advantage of chance, that is, being at the right time in the right place. These entrepreneurs stand out for these characteristics:
- Engaged
- Systematic
- Adventurous
- Diplomatic
- Bold
Example of the entrepreneur by chance
This type of entrepreneur depends in a certain way on others or on a specific context, but when they have reached that point where they can undertake, they do so with great dedication. An example in this category is the Argentine Marcos Galperin , creator of the successful e-commerce platform Mercado Libre . Although he was a committed scholar who had entrepreneurial ideas, chance contacted him with finance professor Jack McDonald, who helped him materialize what is today one of the most famous marketplaces in the world.
9. Intuitive entrepreneur
He follows his hunches and is carried away by his impulses. Such an entrepreneur seems to sense good opportunities and take risks. Not asking for someone else’s advice is one of his potential downsides, which can lead him to make bad decisions.
Recommendation for this type of entrepreneur: if you are an entrepreneur of this type, it is better that you surround yourself with a working group that will help you carry out deeper analysis of your hunches. It is important that you take advantage of your ability to find opportunities, and achieve profitable and generous ideas.
Characteristics of the intuitive entrepreneur
More than dreaming about his ideas, this entrepreneur feels them and these sensations become the guide for his actions. They stand out for being:
- Sensible
- Observer
- holistic
- Outgoing
- Risky
Example of the intuitive entrepreneur
All types of entrepreneurs have a high capacity for intuition, but in this case it is their very essence, so they are people who make connections to events where others do not see them. An example of an intuitive entrepreneur is the Guatemalan Luis Von Ahn , who followed his hunches to understand what people need and connected it with his computer knowledge to create solutions such as Captcha and Captcha, acquired by Google in 2009.
