In this article we are going to address the most relevant aspects of the different types of entrepreneurs so that you can identify yourself, and we will give you some tips to enhance your skills according to your profile.
To make this classification, we analyze the type of item, the skills of the entrepreneurs and the specific activities they carry out to achieve their objectives.
Characteristics of entrepreneurs
According to one , these are the most outstanding characteristics of the Argentine entrepreneur:
- 62% are men.
- 54% of the men and 47% of the women who participated in the study are between 31 and 45 years old.
- 90% of the cases have completed or incomplete higher education.
- The most prominent sectors are services (24% of the undertakings surveyed), commerce (14.4%) and industrial production (13.5%).
For its part, the —exclusive of Tiendanube— revealed other interesting data that allow us to learn a little more about digital entrepreneurs:
- 56.4% of the cloud stores surveyed are made up of a single person, while 42.7% have a team of between 2 and 5 people.
- The three main reasons why they created their online store were: to expand the business and sell more, add an alternative source of income and have more autonomy.
- Over 70% of brands use Instagram and Facebook to post content about their business and advertise.
- More than 86% of the cloud stores surveyed use Instagram and WhatsApp as .
- Almost 26% of brands said that their plans for 2022 include hiring more people for their teams.
Entrepreneur Definition
By definition, an entrepreneur is a person who is willing to take risks, generate new ideas and innovate. In addition, he manages to create opportunities where not everyone sees them and, in the business world, he transforms them.
At this time, entrepreneurs became protagonists, not only for creating businesses on the Internet but also for migrating their ventures to the online world to stay current.
Qualities of successful entrepreneurs
- They pay attention to their surroundings
- They project in the long term
- They are not afraid of failure
- They always think of the customer
In addition to adapting to change and being a successful entrepreneur, it requires some essential characteristics that can be developed throughout the entrepreneurial process or be specific to each person.
Here we explain four of the most important qualities that Jeff Bezos, founder of Amazon, identifies as important to be a successful entrepreneur.
They pay attention to their surroundings
Opportunities are everywhere but, according to Bezos, you have to learn to distinguish them and go for them. Being aware of the market and the consumer is a habit that entrepreneurs acquire as a quality.
They project in the long term
To run a successful business, Bezos advises taking a long-term view of recovery and not focusing on immediate gratification. This includes planning but also the possibility of making changes along the way, always aiming at long-term goals.
They are not afraid of failure
Amazon had losses of millions of dollars in projects such as Amazon Destinations (page to reserve hotels), Amazon Web Pay or the Firephone. Bezos, beyond seeing it as a failure, sees it as an opportunity to learn.
They always think of the customer
As part of the characteristics of an entrepreneur, the constant search to focus their services on the client stands out. Amazon gives us plenty of lessons on that with its happiness guarantee.
How many types of entrepreneurs are there?
We can establish various categories based on the style of business they undertake, the age they have, the business model and the steps they decide to take to make their idea a reality.
In this article we present 11 types of entrepreneurs with the aim that you can identify your profile and enhance your skills.
- passionate entrepreneur
- innovative entrepreneur
- visionary entrepreneur
- investor entrepreneur
- Multi-entrepreneur
- academic entrepreneur
- social entrepreneur
- Entrepreneur by necessity
- specialist entrepreneur
- businessman entrepreneur
- Entrepreneur by accident
Find out what kind of entrepreneur you are!
1. Passionate entrepreneur
It is characterized by having a clear purpose beyond creating a business or receiving money for it. His profile is idealistic and he wants his passion to be the basis of his entrepreneurship.
It is common for their mindset — way of thinking and seeing the world — to be focused on leaving a mark and constantly seek how to improve something important in order to transcend. You can work hours non-stop and you won’t even notice, because you are completely motivated by your passion.
2. Innovative entrepreneur
He is always thinking how to solve a problem in the easiest way possible and gets excited about new trends in his business and others. He is interested in understanding the processes and looks for the key piece that makes them more agile.
3. Visionary Entrepreneur
This profile anticipates market trends and looks for opportunities in emerging niches. He is not afraid of risk or failure because he bets on his ideas, but always based on data.
His greatest motivation is to materialize and see in action all the proposals he has in mind.
4. Entrepreneur investor
Entrepreneurs who finance and get involved in their own projects or those who behave as capital partners without intervening too much in the business can enter this profile.
In either case, this type of entrepreneur has the characteristic of having capital and is always looking for ways to generate more profits.
5. Multi-entrepreneur
In general, they are people who are always launching new business ideas or improvements. They do not leave projects halfway despite having several ideas at the same time. On the contrary, they strive to carry out most of them.
6. Academic Entrepreneur
This profile has studied about , business, finance and has the necessary academic training to start their entrepreneurship. These entrepreneurs are usually methodical in how they develop their business ideas and are based on proven theories from different authors.
7. Social Entrepreneur
He does not always have his own economic interest and what drives him to undertake is to solve some social problem. He finds opportunities on the real issues affecting his community and usually starts non-profits. The social entrepreneur relies on people who have the same vision of helping others.
8. Entrepreneur by necessity
This profile urgently needs to start a business that generates income quickly. For this reason, you put your idea into action as soon as you have an MVP and learn as you go. His motivation is usually mainly economic.
9. Specialist Entrepreneur
He has a defined field of action in which he develops naturally, since he dominates it. Your profile is more technical and you can focus on a single project due to the degree of specialization you have.
They manage to develop high-quality products or services and their entrepreneurship has to do with their professional or work career.
10. Entrepreneur Entrepreneur
In this profile, the entrepreneurship becomes a profitable company and the entrepreneur changes to a role of less execution. His main tasks will now focus on taking the company to new levels and scales.
11. Entrepreneur by accident
This entrepreneur profile, rather than developing their own ideas, is usually contacted by people around them to take on certain projects. Those who take charge of a new area or extension of their family’s company also fall into this profile.
How to identify your entrepreneurial profile?
Some questions you can ask yourself to identify the type of entrepreneur closest to your profile are:
- Why did you start your business?
- What drives you to continue in your business?
- Where do you sell your products and what is your business model like?
- What plans do you have with your business? Is it momentary? To have extra resources?
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Tips to enhance your entrepreneurial skills
We invite you to follow these tips to further enhance your entrepreneurial skills and strengths.
I took into account that it is possible to identify with several types of entrepreneursso take advantage of these recommendations and show the world what you are capable of doing!
Passionate Entrepreneur: Following your passion allows other people to believe in you. Strengthen your capacity with a leadership course.
Visionary entrepreneur: it is an advantage to have this profile because few people manage to understand trends before they start. Be methodical, set ambitious goals and constantly measure the results of your actions, to adjust what is necessary and replicate what is bringing good to your business.
Investor entrepreneur: diversify and act with caution. Get advice from several specialists, get to know the different investment instruments and don’t bet on just one.
Multi-entrepreneur: do not try to develop all the ideas you are undertaking in the same way. Delegate responsibilities and surround yourself with people who share your vision.
Academic entrepreneur: avoid designing and applying processes that are too rigid, since iteration is as necessary as flexibility in the entrepreneurial ecosystem.
Social Entrepreneur: Look for non-profit associations that can help you with your business. To create social changes many people are needed and that is what will consolidate your project.
Specialist entrepreneur: you never know too much about something. If you already master a topic, explore new challenges to make your venture more powerful.
Among the different types of entrepreneurs we can identify similar characteristics and those are always present in their projects and ways of working. It is important to keep the spirit of innovation alert and keep creating more success stories.
In you will find some ideas and more inspiration to take the entrepreneurial leap or to continue promoting your brand.
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