The different types of entrepreneurs

Each entrepreneur is a model with unique characteristics; However, many researchers have analyzed the common qualities and these are the main types of entrepreneurs.

While all entrepreneurs are unique, they tend to share characteristics with certain archetypes. Some entrepreneurs are true inventors who see the challenges of building a business as a necessary evil; others are true marketers who believe they can attract consumers with any offer; and others simply want to contribute to making this a better world.

The reality is that there is a model for each entrepreneur and each one is a mixture of several qualities in common. We took time to draw on various sources to try to consolidate entrepreneurial typologies and we based ourselves on the following parameters: qualities to successfully undertake; the reasons for undertaking; how they detect the opportunity; initiative; creativity and perseverance, among others.

These are the different types of entrepreneurs

Passionate: Love what he does; and when she falls in love with the idea she does everything to 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!

The good one to complain: He has brilliant ideas and even the skills to create a company, but he is the eternal character who only has time to complain. When he decides to take on a new project, his way of acting leads him to failure even at the beginning.

The builder: These entrepreneurs are the top players in the business game; They are always looking to be two or three steps ahead of the competition. They are usually described as focused, cold, ruthless and calculating.

The accountant: He is obsessed with controlling cash flows and keeping the balance of income and costs in balance. The problem arises when you leave behind the initiative and inspiration that every team needs to move forward by clinging to accounting.

The specialist: This entrepreneur will enter an industry and stay in it for 15 to 20 years. They have extensive experience and knowledge of the sector, but often struggle to stand out in competitive markets. These correspond to, for example, graphic designers, IT experts or independent accountants and lawyers.

The global: You do not intend to make money with your company, but rather to make a better world. His enthusiasm leads him to try to be relevant, which is why he is branded as a media person. He has great leadership capable of attracting a good number of fans and getting a loyal team, but he has to manage his success well in a way that also serves to grow his company.

The initiator: For this professional, being an entrepreneur is a lifestyle. He has fantastic ideas and when he has developed a start-up, he already has another initiative in mind to carry out. He is an expert in fostering entrepreneurship, but not so much in making a business sustainable. For this reason, after the initial phase he disassociates himself from it.

Do you know what your entrepreneurial type is?
Do you know what your entrepreneurial type is? – photo: Pixabay.com

The innovator: They always work on an invention, recipe, concept, system or product that can be the basis of one or more businesses. The Innovator’s challenge is to focus on the realities of the business and the true possibilities of the product.

The boss: Accustomed to commanding because he worked as a leader for third parties. Most of the time his networking has helped him get enough funds so that he does not have to worry too much about money in the initial phase. More than an entrepreneur, he considers himself a businessman and his profile is similar to that of the manager.

The ‘I want and I can’t’: You have desire, initiative and an entrepreneurial spirit but you need a good idea, enough money to start it, survive a couple of years and have the guarantee that income will begin to flow.

The workaholic: Your startup is your life, work full life. He is a tireless worker.

Businessman: You already have previous corporate experience. He takes risks but, unlike the intuitive or the visionary, he likes to consolidate projects, rather than undertake them.

Specialist: This entrepreneur has a more technical profile. His focus is very oriented to the area of ​​his knowledge, being his strength and Achilles heel at the same time.

Intuitive: This entrepreneur knows where the business is. And he knows it because he is a born businessman who, in addition to reason, knows how to listen to his intuition.

There are many types of entrepreneurs, what is yours?
There are many types of entrepreneurs, which one is yours? – photo: Pixbay.com

Investor: The investor seeks to make their money profitable with innovative projects. He acts as a capitalist partner, providing capital and advice.

Opportunist: He is the one who sees the opportunity and jumps in. He knows how to detect opportunities and the steps he should follow. He knows the market, its keys and exploits them.

Persuasive: It is usually the tip of the spear of a project. He is the person who inspires and convinces, keeping the team spirit high.

By image: “Entrepreneurship is cool”. In that phrase you could summarize the reasons why some people start a business, without further ado. And what can we say about those who do it directly because they consider that due to their training or “position” they are not the ones to have superiors. They are people who generally belong to a high socioeconomic stratum, so a possible failure usually does not worry them too much.

Miraculously: These are not frequent cases. It is based on the typical case of someone who does a certain thing without expecting much about it and achieves unexpected success that causes him to establish a company.

For necessity: Very common type of entrepreneur, especially in times of crisis like the current one. They usually start when they go through a bad work or family situation. Generally they do it out of the need to get ahead at whatever price. This is a type of entrepreneur who tends to set up projects that are small in size and easy to adapt but, unfortunately, they tend to launch without the knowledge to carry out the project properly, which is why the failure rate is very high.

For progress: These entrepreneurs usually launch themselves to improve their desire to improve their situation when they are frustrated with their current employment relationship and not due to an economic need exclusively. They are people who generally undertake matters similar to those they have carried out in their working life, so they know first-hand how the sector works. The success rate of these entrepreneurs is higher, because they know the business and the market

Social: He is the entrepreneur who wants to change the world. He is looking for innovative solutions and trying to positively influence others. His initiatives are related to causes to combat discrimination, poverty, damage to the environment, among others.

He is revolutionary and a bit rebellious, which can cause him some problems.

Visionary: It anticipates current trends and puts its effort and business into sectors or products that will be key in the future.

Vocational: They are usually serial; those who, once they manage to position their product, brand or service, go out in search of new adventures.

According to different studies and entrepreneurship specialists, successful entrepreneurs have at least 3 of these characteristics. Personally, I think that’s the case, but what’s ultimately important is not what it says, nor the studies, nor the specialists, nor anyone.

For you, the only thing that should matter is not to betray you; Be faithful to your convictions, a champion of your dreams and constantly consciously examine yourself to enhance your entrepreneurial talents and strengthen your weak points.

John