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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

Ambiguity…

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
Excitement

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