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The term entrepreneur is wide as owning of scuba diving lodge to a small café, putting up of fishing gears for sales to running a small trading business makes an entrepreneurship business. The term “entrepreneurship” is defined as “the activity of an economic agent whose function is to introduce innovative changes into the means and relations of production inherent in an economy.” The activity starts with an idea and streamlining the existing methodology persisting within the economy through the measures of technology, or innovating new ideas and technologies and bringing them into practice. The entrepreneur business is a one man show and management of resources and identification of talent within the industry and putting everything together to run a business.
There are as many as entrepreneurs in the common parlance of trade. The major four types of entrepreneurs existing in common market place are
Although the varied entrepreneurs have different objectives and means to run their business, what unites them is the common objective of running their business into profitable zone and converting their business into a huge success. The skills of perseverance, rigorous labor and patience are what keep these entrepreneurs going ahead.
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