Module 6: Types of Entrepreneurship

The part of business visionaries in financial advancement differs from one economy to another, country to country, contingent on its material assets, mechanical environment, and even more significantly, the responsiveness of the political framework to the development of business visionaries. Progression and the new financial strategy have been tossed upon each businesspersonu2019s entryways to look for its fortunes and add to the economy’s development. A business visionary is a significant contribution to the financial turn of events. He is an impetus of advancement. Business people make capital and assets in a country by their innovative and risk-taking conduct. They are the central players of modern advancement in a country. Business visionaries are found in each monetary framework each kind of financial action. Artisans, merchants, shippers, engineers, exporters, investors, industrialists, ranchers, woodland laborers, experts, government officials, and administrators, anybody from these could be a business visionary. The idea of business people contrasts as per their capacities.

Topics Covered

Types of entrepreneurs

Based on Economic Development

Based on Type of Business

According to the Use of Technology

Other Groups

Module outcomes

After completing this unit, you will be able to:

Classify different types of entrepreneurs on various bases.
Look at the reasons for entrepreneurial failure.
Describe the various functions of entrepreneurs.
Understand the role and significance of entrepreneur in economic development
Establish a relationship between entrepreneur and entrepreneurship.
Rewards and challenges of being an entrepreneur.

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Emmanuel Addo

Founder

Emmanuel Addo is the founder of the Young Global Leaders Network, an international non-governmental organization registered in six (6) countries namely, Ghana, United Kingdom, Nigeria, Sierra Leone, Democratic Republic of Congo, and South Sudan and has a membership strength of over 15,000 young black professionals, students, graduates, and aspiring leaders.

The organization also operates in 25 other African countries. Emmanuel also doubles as the chief convener and founder of the Young African Leaders Summit, one of the largest continental youth summits in Africa.

Currently works at Kingston University as a Business Engagement Team Member in their Partnerships and Engagement Department.

He characterizes energy, integrity, result-oriented, and ground-breaking service in each detail of strategic management, change management, stakeholder management, and leadership acquaintances.
Emmanuel owns a core background in Sociology and Psychology from the University of Ghana.

Leveraging his experience as a youth activist and a dynamic young man, Emmanuel founded the Young Global Leaders Network, a youth organization that comprises young diplomats, young politicians, and aspiring politicians, business/entrepreneurial business leaders with the aim of championing a mutual agenda for the African youth and promoting youth participation in governance as well as promoting entrepreneurial culture.
Emmanuel nurtures an environment of teamwork and has expertise in data collection and analysis as well as both quantitative and qualitative methods.

Emmanuel worked as an Associate Lecturer at the London College of Advanced Management where he delivered a wide range of business management courses that involved principles of marketing, leadership, operation management, and research methods. Emmanuel has always maintained high teaching and learning standards to ensure that his students’ stand out in academic achievements and successful progression. As a stout believer and passionate key player in volunteering; Emmanuel creates quality time to giving back gladly to his community what he has learned and to educate individuals with free consultancy on career development. He is a leader anyone would love to look up to and with great integrity, commitment, and passion to make the world a better place.
Emmanuel worked as Qualifications Manager at the Open University in the UK.

Emmanuel is also the founder of Kickstart Innovation Hub Ltd, the entrepreneurial hub of Young Global Leaders Network.