Module 2

Types of Entrepreneurship
10 most common types of
Entrepreneurship

Small businesses Scalable

Intrapreneurship
entrepreneurship Entrepreneurship

Large Company Imitative Innovative

Entrepreneurship Entrepreneurship Entrepreneurship

Buyer Researcher Hustler

Entrepreneurship Entrepreneurship Entrepreneurship

Social
Entrepreneurship
 refers to any kind of small business
that has been created by one person,
without the goal to expand or
franchise.
Example: sari-sari store, saloon,
1. Small Business bakery etc..
Entrepreneurship
- in this type of business, you only
make a profit if you store is open or
operating.
2. Scalable startup entrepreneurship
+ Rooted in the idea of “changing the world”
+ Focus on how to create a business model that is both repeatable and
scalable (more sales with more resources)
+ Many startups have a similar ‘garage to riches’ narrative, beginning
with a simple idea that is brought to life by the tenacity of
entrepreneurs with the support of investors.
Example: Amazon, Googles,
+ The key to starting this type of business model is knowing the long –
term plans for profitability and the ways in which your company will
grow both for the sake of your investors, and your own.
 + Unlike an entrepreneur, who is
also the founder, designer and
manager of a business, an
intrapreneur is a self-motivated,
action-oriented employee who
thinks out the box and works as
3. Intrapreneurship an entrepreneur within a
company.
+ Intrapreneurship is a way that
companies can support and
encourage employees that have
entrepreneurial spirit.
+ Example of intrapreneurial innovation is Facebook’s ‘like’ button
which is now integral part of the brand.
4. Large company entrepreneurship
+ Refers to companies like Disney, Google, Toyota, and Microsoft.
+ They keep innovating and offering consumers new products that are
variants around their core product-line
+ Distinguish feature type of entrepreneurship is that it is not starting a
new business, rather creating new products or subsidiaries within
existing company, or acquiring smaller business.
5.Imitative
Entrepreneurship
+ Imitation is the best for form of
flattery, and an imitative entrepreneur
-also referred as adoptive entrepreneur
One who copies successful innovative
entrepreneurs have previously done,
most often with lower financial risks
and limited resources.
 + -Constantly trying to come up with the next big thing
6. Innovative + -always “new” / up-to-date

Entrepreneurship + - always aware of the current market conditions to find

original and creative ways to disrupt them.

This Photo by Unknown Author is licensed under CC BY-SA-NC

 + “money makes money” for a
buyer entrepreneur this
7. Buyer definitely rings true.
Entrepreneurship + a BE purchases either a
developing or well-established
company and helps them thrive
8. Researcher
Entrepreneurship
+ - rely on facts, data and belief that with the
right preparation and knowledge will be more
likely to succeed.
 9. Hustler
- refers to a self starter, a highly motivated person who Entrepreneurship
is driven to succeed.

This type of entrepreneurship styles grows directly from

entrepreneur, who must be confident, fearless and have
rigorous work ethic.

If you are the type of person who can sell anything to

anyone, is always aware of the next big thing and is
able to recognize opportunities, you might just be a
hustler after all.
-are innovators whose main goal is to create 10. Social
products and services that both benefit the
world and make money. Entrepreneurship
+ -are innovators whose main goal is to create products and
services that both benefit the world and make money.
+ It relates to nonprofit, for-profit, or hybrid companies that
It relates to nonprofit, for-profit, or are
hybrid
committed to social or environmental change
companies that are committed to social or
environmental change
+ Example: educational programs, microfinance institutions
and companies that provide banking services in
underdeveloped counties.
Example: educational programs,
microfinance institutions and companies that
provide banking services in underdeveloped
counties.