Types of Entreprenuers


Many times we talk about entrepreneurs as if all entrepreneurs are the same. No they are not. As far as I can tell there are at least three kinds of entrepreneurs. I want to discuss these in today’s blog. I hope the distinctions will be useful to you on your journey.

Technical entrepreneurs are skilled people within their professions who are concerned with personal satisfaction based on their excellent professional skills. They think- “If I am great at my profession then I should be great at running it as a business.” These view their business as a source of income. They focus on maximising their income even at the expense of the underlying asset – the business. The intent is not growing the business but growing one’s income. In effect they replace the former corporate employer with another employer called SELF. They work for themselves. The technician builds a business…

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