Types of Entreprenuers
Entreprenuers are classified into the following, Hebitual Entreprenuers, these are the types of entreprenuers that prefere not to become managers even to a limited extend, and rather sell their businesses when it becomes too big or when it requires less entrepreneurial input, in oder to pessue new opportunities ( Nieuwenhuizen & Oosthuizen. 2012: 57), this entreprenuer is not interested in the day to day running of the business, one may call them " opportunity openers" simply becuase they sell their ideas to other people.
Franchisors, these are the ones who are normally in business for growth, they start businesses, then sell their busineses to others but they still have controll over them, they recieve an amount called "royalties" to franchasees ( people who buy other peoples businesses). Then Corporate entreprenuers, these are the entreprenuers who develop a business or who bring about a new aidea into the business, normally they look at how better they can improve their products once it is successfull it benefit the entire organisation.
There are varios other types of entreprenuers but for the focuss of this wesbsite those disscussed are the main focus. Entreprenuers in medium and large businesses are often excluded from the defination of entreprenuers ( Niewuenhuzen & oosthuizen 2012: 58) so they are refered to as Ultimate Entreprenuers because their contribtion to the economy is high.
Entreprenuers are classified into the following, Hebitual Entreprenuers, these are the types of entreprenuers that prefere not to become managers even to a limited extend, and rather sell their businesses when it becomes too big or when it requires less entrepreneurial input, in oder to pessue new opportunities ( Nieuwenhuizen & Oosthuizen. 2012: 57), this entreprenuer is not interested in the day to day running of the business, one may call them " opportunity openers" simply becuase they sell their ideas to other people.
Franchisors, these are the ones who are normally in business for growth, they start businesses, then sell their busineses to others but they still have controll over them, they recieve an amount called "royalties" to franchasees ( people who buy other peoples businesses). Then Corporate entreprenuers, these are the entreprenuers who develop a business or who bring about a new aidea into the business, normally they look at how better they can improve their products once it is successfull it benefit the entire organisation.
There are varios other types of entreprenuers but for the focuss of this wesbsite those disscussed are the main focus. Entreprenuers in medium and large businesses are often excluded from the defination of entreprenuers ( Niewuenhuzen & oosthuizen 2012: 58) so they are refered to as Ultimate Entreprenuers because their contribtion to the economy is high.