2. Entrepreneurialism
• ENTREPRENEURIALISM HAS BECOME A
BIT MORE UBIQUITOUS COMPARED TO THE
EARLY DAYS BEFORE THE
INTERNET, ALTHOUGH FOR MOST OF US, IT
IS HARD TO REMEMBER SUCH A TIME.
WHILE BEING PART OF THIS DYNAMIC
GROUP HAD ITS OWN REWARDS, BEING
PART OF THIS MOVEMENT WAS STILL
RESTRICTED TO CLOSELY KNIT GROUPS
OF PEOPLE.
THESE PEOPLE HAVE COME TOGETHER TO
SHARE TIPS AND SECRETS ON WHAT IT
TAKES TO BECOME A SUCCESSFUL
ENTREPRENEUR.
3. Entrepreneurialism
• THE WORD ENTREPRENEURIALISM IS
TAKEN FROM THE ROOT WORD
ENTREPRENEUR. BEING AN
ENTREPRENEUR MEANS THAT A
PERSON TAKES RISKS AND
FORMULATES IDEAS THAT GENERATES
BUSINESS THROUGH VARIOUS
MEANS. THIS IS A VERY GENERAL
DEFINITION
4. Entrepreneurialism
• TODAY, THE GENERAL TERM
ENTREPRENEUR HAS MADE A FEW
DISTINCTIONS OF THREE MAIN TYPES
UNLIKE THE DAYS OF THE OLD, WHEN
THE TERM ITSELF LOOSELY REFERRED
TO BUSINESS-MINDED PEOPLE AS A
WHOLE
- THE FIRST TYPE IS THE SOCIAL
ENTREPRENEUR.
- THE SECOND TYPE IS THE SERIAL
ENTREPRENEUR
- THE THIRD TYPE IS THE
LIFESTYLE ENTREPRENEUR.
5. SocialEntrepreneur
• THESE TYPES OF ENTREPRENEURS DO
THINGS AND START BUSINESSES THAT
IMPROVE THE GENERAL WELFARE OF
LIFE OF THE PEOPLE.
THE PROJECTS IN WHICH THESE
PEOPLE PARTAKE ARE USUALLY
RELATED TO THE PLIGHT OF THE
GENERAL POPULATION SUCH AS
SOCIAL, ENVIRONMENTAL, ECONOMIC,
AND EDUCATIONAL PROBLEMS.
THESE TYPES OF ENTREPRENEURS
USUALLY GENERATE THEIR DRIVE TO
AMBITION FROM THEIR EMOTIONS.
6. SerialEntrepreneur
• THEY CREATE NEW BUSINESS
VENTURES FROM LEFT TO RIGHT.
THEY HAVE ATTITUDES GEARED
TOWARDS RISK TAKING AND
ACHIEVEMENT.
THEY ARE THE TYPE OF
ENTREPRENEURS WHO ARE MOST
LIKELY TO BOUNCE BACK FROM
BUSINESS FAILURES
7. LifestyleEntrepreneur
• THESE ENTREPRENEURS ARE USUALLY
RESPONSIBLE FOR
RESTAURANTS, CLOTHING LINES AND
OTHER BUSINESSES BORN OUT OF A
HOBBY.
WHAT IS COMMON TO THIS TYPE OF
ENTREPRENEUR IS THAT THEY PURSUE
THEIR PASSION FIRST BEFORE
PURSUING THE IDEA OF MAKING A
PROFIT.
THEY DO NOT THINK OF THEIR
BUSINESS AS WORK BUT AS A LABOR
OF LOVE.
8. CommonAttitudes
THE ATTITUDE OF ENTREPRENEURS ARE
- AMBITION
- RISK-TAKING
- PASSION
- EXTREME EMOTION ATTACHED TO
WHAT THEY DO
ENTREPRENEURS ALSO DO NOT TAKE
CONVENTIONAL WISDOM, BUT TRY TO
DEVELOP NEW THINGS BORNE OUT OF
THEIR MINDS AND STRIVE TO SEE IF
THEY PAN OUT.
ENTREPRENEURS ARE NOT AFRAID TO
FAIL, AS THEY SEE FAILURE ONLY AS A
STEPPING STONE TOWARD SUCCESS.
9. CommonAttitudes
BEING ABLE TO KNOW WHAT
ENTREPRENEURIALISM IS CAN BE A
VERY ENLIGHTENING EXPERIENCE.
FROM THE THREE TYPES OF
ENTREPRENEURS; THE SOCIAL
ENTREPRENEUR, SERIAL ENTREPRENEUR
AND THE LIFESTYLE
ENTREPRENEUR, YOU SHOULD DECIDE
AMONG THE THREE IF YOU WISH TO
VENTURE INTO THE WORLD OF
ENTREPRENEURIALISM. .
10. CommonAttitudes
TRY TO DECIDE WHICH ONE OF THESE
CONNECTS TO YOU ON AN EMOTIONAL
LEVEL.
HOWEVER, THERE HAVE BEEN
ENTREPRENEURS OUT THERE WHO HAVE
VENTURED INTO ALL THREE AND HAVE
BECOME SUCCESSFUL.
UNDERSTANDING THE ATTITUDES THAT
DEFINE AN ENTREPRENEUR AND
LEARNING FROM MISTAKES DEFINITELY
CAN MAKE A GOOD START FOR ANYONE
WILLING TO TRY TO BE PART OF THE
ENTREPRENEURIALISM MOVEMENT.
