15 Different Types of Entrepreneurship with Examples

Introduction

You want to become an entrepreneur, right? That is why you search for the phrase “types of entrepreneurship with examples” on Google and you reach this blog.

I promise you will find quality details about the types of entrepreneurship with proper examples.

In today’s world, many young people have wonderful ideas and want to start their own businesses or startup. But they don’t know how many types of startups are there and their idea falls under which startup.

From this blog, you will get a clear understanding of the different types of entrepreneurship and your idea falls under which type.

Table of Contents for Types of Entrepreneurship with Examples

Small Business Entrepreneurship
Large Company Entrepreneurship
Scalable Startup Entrepreneurship
Intrapreneurship
Technopreneurship
Social Entrepreneurship
Environmental Entrepreneurship
Innovative Entrepreneurship
International Entrepreneurship
Hustler Entrepreneurship
Serial Entrepreneurship
Franchise Entrepreneurship
Non – Profit Entrepreneurship
Imitative Entrepreneurship
Research Entrepreneurship

Conclusion

Small Business Entrepreneurship

Small business entrepreneurship refers to starting with a small investment (Capital) and a small number of employees (for example 1 to 100).

Starting a new samosa shop with an innovative plan or starting a new pani poori shop (charts) are the best example of small business entrepreneurship.

Large Company Entrepreneurship

Large Company Entrepreneurship Refers to starting a business with a huge investment (for example $1000) and with a huge number of employees (for example 500 to 1000).

Starting a cloth manufacturing company or starting an automobile parts manufacturing company are the best examples of large company Entrepreneurship.

Scalable Startup Entrepreneurship

Starting with small capital and growing into a huge ROI business is known as Scalable startup entrepreneurship.

For example, if a tea shop is open with a capital of $1000 and it scales as a café or scales with multiple branches is known as Scalable startup entrepreneurship.

Intrapreneurship

Having a good idea to start a new business and sell that idea to other business owners and working as an employee in the same company is known as intrapreneurship.

Sundar Pichai is the best example of an intrapreneur. He has an idea about the Chrome browser and sells his idea to google and becomes an employee for the same company.

Technopreneurship

Technopreneurship refers to starting a new business in the technical field (Computer field).

Everyone knows about scale ai which was founded by alexander wang. He is just 25 years old billion and he is also titled as the youngest billionaire by Forbes. Alexander wang is the best example of a technopreneur.

Social Entrepreneurship

Social entrepreneurship is defined as creating social impact and social chances, this is known as social entrepreneurship.

The best example of social entrepreneurship is a person from South America who runs a dog food delivery business and he spends more than 70% of his profits on giving dog food to street dogs.

Environmental Entrepreneurship

Environmental entrepreneurship is defined as creating environmental impacts or environmental changes this is known as environmental entrepreneurship.

For example, a new entrepreneur from Tamil Nādu start a pen manufacturing company the pens are manufactured with paper and he placed a seed at the bottom of the pen. So, if someone throws this pen on land the paper decomposed and the seed may grow into a tree.

Innovative Entrepreneurship

Innovative entrepreneurship refers to designing new innovative products that may create a huge impact on something is known as innovative entrepreneurship.

For example, fans help to push the air from our surroundings, light helps to give us a glow at night times. Combining fans and lights as a single machine is known as innovation.

International Entrepreneurship

International Entrepreneurship refers to making business with international clients is known as international entrepreneurship.

For example, if you are having logistics business or sell your services like digital marketing for foreign clients is known as international entrepreneurship.

Hustler Entrepreneurship

Hustler entrepreneurship is defined as a person who doesn’t have any backups but hustles every day to grow his business, this is known as Hustler Entrepreneurship.

In today’s world, many young people try to hustle every day to become a millionaire, this hard decision to grow is known as Hustler Entrepreneurship.

Serial Entrepreneurship

Serial entrepreneurship refers to a person who starts a startup and makes it a successful profitable business and sells it to others and starts a new one that person is known as a serial entrepreneur.

A well-known example of a Serial entrepreneur is Elon Musk, he started PayPal with his brother and sell to it other businessmen and become the CEO of multiple businesses like Tesla, SpaceX, and Boring Company.

Franchise Entrepreneurship

Franchise entrepreneurship refers to starting a new business with an existing brand name with the permission of the brand. This helps to reach more quickly than new business because of having the existing reputation of the brand.

The best example of franchise entrepreneurship is Tea Time. Tea Time is a new successful franchise entrepreneurship they arrange shop designs for new businessmen and make shop banners like Tea Time. This attracts customers to new shops because of old shops’ reputations.

Non-profit Entrepreneurship

Non-profit entrepreneurship refers to a person who start a business with a motive to improve environmental or social levels and not expected for profits is called as non-profit entrepreneurship.

Nowadays many charities are started for serving poor people startup organizations are known as non-profit Entrepreneurship.

Imitative Entrepreneurship

Starting a business by copying other successful businesses that are known as imitative entrepreneurship.

Selena Gomez started a new cosmetic brand named “Rare Beauty” hist 800 million in revenue in 2023, this is known as imitative entrepreneurship. Starting a business that already exists.

Research Entrepreneurship

Research Entrepreneurship is service-based entrepreneurs, they help new businessmen to give quality research about the idea like, Is that Idea works or not? , if yes where is the best place to set up, whether we need to make this business online or offline like these researches are done and give a complete report for that idea, this is known as research entrepreneurship.

Nowadays various IT companies do this research work and make test cases to scale the startup into a successful venture.

Conclusion

These 15 different types of Entrepreneurship are commonly found in society. I hope this blog helps you to blow your mind. If you have any doubts about the “15 Different Types of Entrepreneurship with Examples ” blog, please comment in the below comment box. I will give details answers to your question, don’t hesitate to ask your doubts.

If you want to start your own business just start your own website with Hostinger and scale it.

Sathish VI

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15 Inspiring Types of Entrepreneurship with Examples

15 Different Types of Entrepreneurship with Examples

Introduction