Types Of Entrepreneurs
Self Employed
1.Manages own business
2.Few workers
3.Team Building
*They will always look forward to improve or expand their business
*Their business expansion depends on the number of workers
*In order to achive their goals, they work effectively in a team
*Examples: Retailer, Lawyer, Doctor.
Free Mover
Set up a company,
*Produce
*Sell their own products
*Examples: Ramily Burgers, Aminah Hassan’s sauce
Franchiser
*Company or manufacture that grants franchises
*They develop effective business using branches at different locations
*Examples: KFC, Pizza Hut, Radix Fried Rice
Franchise
*A license to sell another’s products or to use another’s name in business or both
Franchiser:
*The company that sells a franchise
*US headquarters
Franchisee:
*Kangar
Large Enterprise:
*This type of entrepreneur will explore a large scale of business which involves
big capital and a lot of employees.
Product or Service
*Product: Honda, Toyota Cars
Product or Service
*Service: DHL,
*Western Union
Capital Accumulator:
*Financial Institutions
>Large Amount of capital required
>Multi level management
>Examples: Maybank, AmBank, Insurance companies.
Business Buyer:
*Buy an ongoing business
>Large Amount of capital required
>High level of Information required
>Examples: Sony bought Universal Pictures of Hollywood
A Techno/Cyber Entrepreneur
*Creates new ideas applying technology
*Advancement in
>Creating
>Developing
>Marketing
Their products
*Examples: Hotmail, Google,
*Yahoo, Twitter
Buy & Sell Entrepreneur
*Buy non profit making business
>Inject large amount of capital
*Turn it into Profit Making Venture
>Sell it at higher price
