What are the 4 Types of Entrepreneurship?
Entrepreneurship is an exciting and rewarding career path that can take many forms. There are four main types of entrepreneurship: intrapreneurship, lifestyle entrepreneurship, small business entrepreneurship, and social entrepreneurship. Intrapreneurship involves innovating within an existing company or organization to create a product or service. This type of entrepreneur works with the resources and infrastructure already in place while bringing their own creativity and drive to the table. Lifestyle entrepreneurs focus on creating a certain lifestyle for themselves rather than a large income by running smaller businesses such as consulting firms, virtual assistant services, or freelance writing gigs. Small business entrepreneurs start companies from scratch that serve customers directly whether it be through retail stores, online marketplaces like Amazon or Etsy, professional services like accounting firms or web design studios, etc., These entrepreneurs need funds for startup costs but also have more control over their product offering than larger companies might provide. Social entrepreneurs use entrepreneurial skills to tackle pressing issues in society from poverty to climate change by creating market-based solutions that benefit both those in need as well as the environment itself. All four types of entrepreneurship require hard work but offer great rewards with each having its own unique set of benefits depending on what you’re looking for out of your career path!