Almost everyone is an entrepreneur now or am I just the one who is noticing the trend? When you check the streets of social media, there are a lot of self acclaimed entrepreneur and I begin to wonder if entrepreneurship is a one size fits all thing because I know it isn't so there are certainly going to be different types of entrepreneurs. So I want discuss a few types of entrepreneurs that you did not know existed.
An entrepreneur is a person who starts a business, while taking some level of risk and expecting returns on investment or a success in their endeavor. If we are going to use the word risk, then it means that what differentiates the types of entrepreneurs that are available but then, there are the people who do not take any risk at all but still refer to themselves as entrepreneurs. These people are known as Wantrepreneurs and these people want to start a business but will never start one.
Wantrepreneurs are talks and no action. They can design a business from start to finish, and they can tell you how to sell everything you can think off but they do not have a product or service that they sell. They always have a plan, they always want to leave their jobs, they already have an exit plan when they start the business but they never start it. There is always an excuse not to ever start a business even when they have read all the entrepreneurial books, and have envisioned themselves living the entrepreneur flashy lifestyle. We all start as wantrepreneurs but some people take action while a lot do not take actions at all.
We have the next type of entrepreneurs and these ones do something unlike the wantrepreneurs and they are known as side hustlers. These people are willing to do paycheck jobs during the day, and build their business at night. They are focused on doing both because they want to start a business and are willing to push the business to any level but are not ready to risk it all by quitting their jobs yet. Over time, the business can grow to become something that is extremely big and demand the full attention of the owner causing them to quit their jobs but at the moment, they are doing it at the side.
Solopreneurs are another type of entrepreneurs who own their brands in the digital space. They are the freelance writers, the graphic designers, and other digital nomads with skills that they have been able to turn into a profitable enterprise without working directly under anyone. These people are just willing to be able to control their time and do what they want when they want it and are not thinking.
While we have the solopreneur, we also have the lifestyle entrepreneurs and these ones do build their business around their lifestyle. When you hear travel bloggers, or expensive shoppers, and so on, they are the lifestyle entrepreneurs and these people get endorsements based on their lifestyle activities. The work of lifestyle entrepreneurs is their lifestyle and they need to always ensure that their work always align with their lifestyle.