Ridha Fathima

• Trading Entrepreneur

  A trading entrepreneur is a middleman between manufacturers and

  customers of the product or services. So, the main function of a trading

  entrepreneur is procurement of products and making the same available

  to last customers.

• Manufacturing Entrepreneur

  A manufacturing entrepreneur fills the gap in the supply-demand chain,

  identifying products customers require and finds resources to meet those

  requirements. Such entrepreneurs produce the goods, converting raw

material into finished products.

• Business Entrepreneur

  Business entrepreneur is a wider term encompassing manufacturing and

trading entrepreneurs. Business entrepreneurs conceive the idea of setting

up a new enterprise. The enterprise may be a small or large venture but

the idea gets translated into reality.

ON THE BASIS OF DEPTH OF TECHNOLOGY EMPLOYED

• Technopreneur

These are entrepreneurs whose enterprises are concerned with technology

or science. Technical entrepreneurs or technopreneurs are mainly involved

with innovation of new technology-based products. So, an entrepreneur

developing a new operating system for your mobile or laptop is a techno

preneur. They mostly work backwards to arrive at a technology to provide

the customer with a desired experience.

• Non-Technoprenuer

Unlike technopreneurs, non-technoprenuers do not rely on technology as

the core of their enterprise. They are concerned about the use of alternative

or imitative methods. Non-techno prenuers may include the manufacturing

and trading entrepreneurs whose focus is not on the use or development

of technology or tech-driven products.

• Professional Entrepreneurs

  The term professional entrepreneur may seem confusing since

professionalism is expected out of every entrepreneur. But a professional

entrepreneur is a professional who is interested in establishing an enterprise

but not interested in managing it once it is established. After that, a

professional entrepreneur sells it off to some other person and moves on

to setting up another venture.