| Did you know that the word entrepreneur comes from | | | | so valuable as an entrepreneur. |
| a French word "entreprendre" which means "to | | | | The third type is the inventor. Bill Gates is an inventor |
| undertake? If you want to get more analytical and you | | | | type entrepreneur that has made this type very well |
| speak French, you might think it comes from combining | | | | known. This type of entrepreneur may have the |
| two verbs "entre" and "prendre." "Entrer" means "to | | | | classic inventor personality. You know the "absent |
| enter" and "prendre" means "to take" so combined | | | | minded professor" who gets so caught up in his |
| they would mean "to enter to take." That works too | | | | technology and invention that they do not function well |
| because a person following a business startup idea | | | | in a fully functioning business setting. As a result, they |
| who enters markets to take advantage of | | | | cannot function as a leader of a company because |
| opportunities for profits by assuming the risks is by | | | | they have much too narrow a focus. |
| definition an entrepreneur. | | | | Instead, to become a success as an entrepreneur, |
| Let's look at some interesting facts about | | | | they compensate for their shortcomings by |
| entrepreneurs: | | | | surrounding themselves with experts that can provide |
| People who become entrepreneurs either seek out an | | | | the business expertise that they lack. In fact, they may |
| entrepreneurial life or they fall into it. Not everyone who | | | | hire the "professional" entrepreneur as a partner to |
| becomes an entrepreneur grew up thinking that it was | | | | focus on the growth aspects of the company so that |
| their dream to become a business owner. | | | | they can continue in the inventor capacity which they |
| Entrepreneurs fall into different entrepreneurial | | | | do best. |
| personality types--the professional, expert or | | | | There are blends of these three entrepreneurial types. |
| pragmatist, and the inventor. Maybe as a small | | | | It is possible to find a professional-inventor type who is |
| business owner, you have not given much thought as | | | | fortunate enough to have both skills at their disposal. |
| to the type of entrepreneur you are. You were too | | | | They can become super-creative geniuses who can |
| busy focusing on getting your business operating and | | | | invent and start businesses that do extremely well and |
| profitable and not so much on what kind of | | | | become very profitable taking full advantage of their |
| entrepreneur you are. | | | | creative and business potential. They can become |
| Those entrepreneurs that are referred to as | | | | billionaires! |
| professional entrepreneurs start one business, and | | | | The blend pragmatist-professional entrepreneur is one |
| another, and another. They are very good at | | | | that takes a combination expert who also understands |
| establishing a business and making it very successful in | | | | the operation of a business. They use their expertise |
| a relatively short period of time. Sometimes if luck | | | | to develop an idea for a business that will lead to a |
| would have it, the first business does well and they sell | | | | very profitable business idea and set about hiring all the |
| it. Soon they start another business because now | | | | talent they need in every area to make it extremely |
| being an entrepreneur is in their blood and they can't | | | | successful. For example, someone who knows the |
| go to work for someone else so they start another | | | | pharmaceutical business very well comes up with an |
| business. | | | | idea for marketing and managing pharmaceuticals in a |
| Did you think that every person who becomes an | | | | new and more efficient way. His expertise as a |
| entrepreneur set out to be one? Sometimes an | | | | professional entrepreneur allowed him to dig in and |
| entrepreneur comes looking for someone who is an | | | | help with the startup process of the business while |
| expert in a particular field that is needed for their | | | | supervising the development of the pharmaceutical |
| business such as accounting, finance, marketing, or | | | | end of it. |
| sales. It can also be that they need an expert in a | | | | Another interesting fact is that certain entrepreneurial |
| particular industry such as software, pharmaceuticals, | | | | types go better with specific types of businesses. You |
| or cosmetics. Then they go looking for someone who | | | | increase your chances of success if you choose a |
| has that knowledge and ask them to join their venture | | | | business that matches your entrepreneurial type. Often |
| by making them a partner. Voila! they are now an | | | | when you are thinking of starting a business, you do |
| entrepreneur. | | | | not give any thought to what kind of entrepreneur you |
| The expert entrepreneurs are often well-educated and | | | | are. Success often depends on your knowing your |
| become experienced in their trade by working in a | | | | own strengths and weaknesses and your ability to find |
| corporate setting for a number of years. There they | | | | people that complement you. |
| hone their skills creating the expertise that makes them | | | | |