This might come out of the blue but, there are actually different categories of an entrepreneur. The world is filling up with entrepreneurs, and right now there are about 472 million in the world. However, most of them fail due to various reasons. Mainly because they lack a clear vision.
Therefore, it might prove to be beneficial if you find out what kind of entrepreneur you want to be. Entrepreneurship is generally considered to be of four types, small business, intrapreneurship, scalable startups, and social entrepreneurs.
1.Small business entrepreneurship
This is the type of entrepreneurship where the future goal is not necessarily expanding. For example, a business that does photoshoots. It is rather focussed on hiring local employees and the entrepreneur invests directly in the business.
2.Scalable startup entrepreneurship
The main concept of this business is creating a business model which is scalable and can be easily copied. This kind of entrepreneurship clearly has a vision of expansion and big returns. Companies like, Amazon and Apple are prime examples of such entrepreneurship.
An Intrapreneur is a company employee, that acts as an entrepreneur and helps in product innovation, development, and marketing. Intrapreneurship is a way a normal employee can take a hit at entrepreneurship.
Social entrepreneurship consists of persons whose main goal is to make products that solve a societal or global problem. Social entrepreneurship includes companies that might/might not work for a profit. They are mostly non-profit or hybrid organizations. For example, SHEF by Urvashi Sahni in India.
Now, if you have decided which entrepreneur you want to become you might need StepOut’s help. An entrepreneur has to work endlessly and thus, we created a SaaS tool that gives you an integrated workspace. It is called the smart/digital assisstant and saves you a lot of time and money. Cause, at StepOut we charge no commissions and the signup is free. You can manage payments, customer profiles, and even create online meets in the same place. So, what are you waiting for! Join hands with us and start your entrepreneur’s journey right away.