It is much more advisable to make a less limited approach and consider the types of entrepreneurs before wanting to encompass all under a single and synthetic definition that is not enough.
The most common definitions of an entrepreneur encompass many characteristics and can confuse those who read them. For example, an entrepreneur is the person who assumes the responsibilities of running a company, or one who is distinguished by showing entrepreneurial qualities. These definitions ultimately tell us nothing. It is much more advisable to make a less limited approach and consider the types of entrepreneurs before wanting to encompass all under a single and synthetic definition that is not enough.
Let us distinguish between entrepreneur and businessman, here we will talk about entrepreneurs, who are beyond entrepreneurship.
The way to distinguish the classes of entrepreneurs is through the way their business operates or how they operate their company.
1. Solo Entrepreneur or Unipersonal: It is the typical worker on its own. Maybe he works with some employees, but he concentrates the power.
2. Key Partner: It is the member of a team that assumes a highly active role compared to the other partners, who surely contribute the capital.
3. Member of a Group: These entrepreneurs prefer the psychological and financial support of group work, but are less autonomous than key partners.
4. Professionals: They do not generally consider themselves entrepreneurs, but the truth is that they have received all the education and training to succeed in the business of their specialty.
5. Investigative Inventor: Although they lack executive skills, they have good ideas. They lock themselves in their laboratories to test new products, even if they are not practical in the market.
6. Creative Innovator: This one has ideas to make better products. This individual does understand the market and is ready to satisfy it.
7. High Tech Entrepreneur: With higher education and technical skills. They are highly competitive and enjoy state-of-the-art technology. Generally electronics and computers.
8. Team Builder Entrepreneur: They are those who start on their own, because they then grow and found a larger company. They know how to delegate and have a sense of organization. They hire staff and build work teams.
9. Unrepentant Starter: He enjoys the challenge of starting new companies, but his goal is not to keep it but to sell it, to start a new one.
10. Multiplier: The idea of these entrepreneurs is to duplicate the business idea and take advantage of it. They are the typical franchisors or owners of commercial chains etc.
11. Acquirers: In many cases it is the complement of the multiplier. They prefer to be entrepreneurs of an existing business, because risk is reduced and energy is focused on the success of the business itself.
12. Speculating Entrepreneur: Through strategic maneuvers, he buys real estate and manipulates it to later sell it a little more expensive. Furthermore, possession itself opens the doors to credit. Antiques and rare objects are also part of this sector.
13. Rehabilitators: These entrepreneurs acquire troubled companies and restructure them to make them competitive again. Finally they sell them with a profit margin.
14. Securities Manipulator: These entrepreneurs acquire a good at a low price and legally manipulate the financial statements to increase its value. Then sell the good.
15. Image Entrepreneur: You are interested in the good life as a result of success. He prefers to broker agreements so as not to complicate his life. They have extensive contacts and skillfully exploit them.
16. Committed Manager: This entrepreneur adopts the development of his company as his lifestyle. He will always be aware of what happens in it and if he sells it, he remains as a manager.
17. Conglomerate Creator: The typical octopus. It is the entrepreneur who gives a part of his company to buy another and so on until a group of companies is formed under his command.
18. Capital Taker: Manages to gather great liquidity to invest in lucrative businesses. His idea is to direct the capital for his benefit and that of the investors.
19. Patriarch: He is known as the owner of the family business (EF), who hopes and aspires that the family will continue with the tradition, and even remains in his position despite the fact that the EF passes into other hands.
20. Stock traders: The idea of these entrepreneurs is for their company to be listed on the stock market, where they will be able to obtain a broad benefit on their investments.
We clarify that the previous classification does not imply rigidity or exclusion between the types of employer. It is common to go through several of them during life, before finally adopting one. On the other hand, an entrepreneur may be forced to be multifaceted given the conditions of the country where he lives. Furthermore, the evolution of the economy can create new categories as the market develops.
