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Business Studies- Entrepreneurs

Several different types of entrepreneur:

The people who take an exciting business into a competitive market where they
reinvent the product or service to make it different e.g. the founder of easyJet.
The people who take calculated risks to start business because of their belief in the…

Page 2

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Business Studies- Entrepreneurs

people will hesitate about starting a business because of fear of failure however lots of
people will go into starting a business, face setbacks and not know how to proceed.

Internal locus of control placing the responsibility, choice and control of events in one's
own hands


Page 3

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Business Studies- Entrepreneurs

Desire to create something important and make a difference
Desire to grow a business from scratch


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