Different types of entrepreneurs make the startup world go ’round. Not everyone is gifted enough to conclude bargains, work with a diverse range of clients, and gracefully undergo the roller coaster of hardships and success required to stay alive in a world of business. Who are entrepreneurs and what makes them special? What are the types of entrepreneurs and what type do you belong to? Here are some of the different kinds of entrepreneurs we usually meet in our lives:
Born to Be an Entrepreneur
In other words, this man is doomed to success. Probably, each of us has an entrepreneur example of a friend with a self-made and lucrative career .
What makes this type of executive special is that these people may not have entrepreneur education or any certificates in a field of business, but they can make their money hand over fist. They achieve their failures and successes by intuition. They do not possess special knowledge, but rather have the inborn traits of an entrepreneur and in most cases, they use their gut to figure out how to make money out of nothing or how to conclude a profitable bargain. Usually, they undertake trading activities in order to take advantage of their bargaining skills and raise prices under no circumstances.
The Eternal Researcher
This type of entrepreneur is characterized by high motivation and desire to develop a rewarding career. This person is a determined achiever who doesn’t miss any precious opportunity to learn something new and uses this knowledge to benefit to their business.
It is not obvious to people, like this, to have a culinary degree to open their own café or restaurant or obtain an MBA to become the CEO of a showroom. They simply have enough drive to research and look for best solutions for their business, analyze the market, gain sales experience, look for extra benefits and work, work and work. They are eager to develop and always ready to challenge themselves.
Actually, here we can split this type into two categories: those, who model someone’s work and those who just imitate other models. The difference is that those who model the experience of other successful entrepreneurs learn and search for what works and what doesn’t work, analyze this information and imply those things that are relevant to their very entrepreneurship.
Those who simply imitate someone’s business just copy the mechanism without understanding how it works. There is no doubt about the fact that these types of entrepreneurs rarely succeed and usually complain about their failures by blaming all the external factors rather than taking accountability for what they did wrong.
Solo entrepreneurs are perfectionists who are afraid to delegate tasks to other people. They are deeply concerned that no one can do it better than they can, and, hence, their life motto is ‘ If you want a thing done right, do it yourself.’
These types of achievers always complain about the lack of time and strength. In most cases, they overwork and usually do it at night, because, frankly speaking, it is physically impossible to cover everything by yourself. They gain experience through trial and error, which takes a considerable amount of their time, reminding us of a hamster who is running on a wheel, standing on the same spot.
Anthea Turner says that ‘The first rule of management is delegation. Don’t try and do everything yourself because you can’t’ and team entrepreneurs know this. This type of entrepreneur is the antithesis of the solo entrepreneurs. They are characterized by the work in close-knit teams, which seem to work as the unifiying mechanism, where everyone has distinct duties and responsibilities.
These people are never afraid to leave for vacation for a couple of weeks because they trust the members of their teams. Entrepreneurs like this are never afraid to fall out because they are sure that the working process won’t stop without his presence. The duty of a wise CEO is to control and support, but under no circumstances do everything alone.
The success secret of these professionals is their belief that the idea they came up with is so genius and perfect that it brings profit and make extra benefits as it is. Start-uppers are usually people without any special education or certificates in the field their work in, but they are able to develop a rewarding career to due to the only brilliant idea that they bring to reality.
The last type of professionals are characterized by their determination to take risks of opening a new business. They are also eager enough to move forward no matter what and have enough drive to play their last card. Usually, they are awarded for their desperation because, as it is said, those, who don’t take risks, don’t drink champaign
About the author
Helen Birk is a chief editor and academic writer at EduBirdie. She is a well-experienced, sophisticated and smart writer, who has been working there for 4 years. All her works and studies are characterized by exciting content, in-depth research, and fluency in a topic that Helen writes about. Helen strives to develop her skills as a journalist in the field of social studies.