TLE - REVIEW

wantrepreneur

zero risk, loves the “idea” of entrepreneurship only

side-hustler

not quite ready to quit their job, so uses business as a side

corporate renegade

ready to risk it all and quits their 9-5

solopreneur

they make the rules, similar to “self-employed” they want to be the boss

lifestyle entrepreneur

builds their business around their lifestyle. their business is what they like doing

serial entrepreneur

business is their lifestyle, they make their business their life

investerpreneur

helps people with their business and invests in them

real estate entrepreneur

property is their business

tech disrupter

uses technology

traditional business owners

local stores, could be those in the street etc.

socialpreneur

takes a big issue and makes a business out of it like poverty

influencer and celebrity

celebrities who create their own product

the artist

those who sell their craft

trend catcher

those who try to spot the next big thing

e-commerce tycoon

the internet is the ultimate storefront (online business)

leadership skill

entrepreneurs who possess leadership skill are likely to succeed in their business as they know how to lead and convince people without intimidation

self-management skill

is the ability to manage one’s emotions when these are not appropriate for a given situation

social skill

entrepreneurs must possess this skill for them to understand the people surrounding them. its their ability to communicate with others effectively

communication skill

this skill is vital as the success of an entrepreneur depends on his/her ability to communicate effectively. he/she must not only give instructions but also listen

assertiveness

being assertive cannot be avoided as this is one way of defending or putting one’s ideas firmly

creative thinking

this skill is vital to create project concepts and design products and services based on the needs and demands of the prospective clients

problem-solving

this skill must be acquired to provide appropriate and realistic solutions to problems encountered in business

opportunity seeking

this skill means being able to easily observe market trends as big factors in undertaking business

setting goals

an entrepreneur must set attainable goals

organizing

entrepreneurs must acquire and use the required talents, skills, and abilities needed to attain their business goal

practical decision-making

entrepreneurs must be good in making wise and practical decisions