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21 st  Century   #Media Literacy
                                                                                             Skills  #Information Literacy
                           Video Session
                      Watch the video of " What is an Entrepreneur? " at the given link:
                      https://www.youtube.com/watch?v=prDsSjywWag
                      or scan the QR code and answer the following question:
                      Write any two qualities of an entrepreneur.









                   4.2 TYPES OF ENTREPRENEURS

                 There are various types of entrepreneurs. Let us learn about some of them in detail:
                 Entrepreneurs Who Provide Services

                 Entrepreneurs either create a new market for their services or introduce their offerings within an existing
                 market. They identify an idea and turn it into a service that is either unique or not available in the market. It
                 is fundamentally a service, regardless of the kind or scale of operation.

                 Entrepreneurs in Business
                 These  are  entrepreneurs  who  engage  in  commercial  and  trading  activities  but  are  not  involved  in
                 production. A business entrepreneur recognises a product's market potential. From that point forward,
                 it is the responsibility of the company and trading entrepreneur to stimulate demand for the goods. The
                 product may exist in a foreign market, but the individual can increase demand for it in the local market.

                 Entrepreneurs in Industry
                 An  industrial  entrepreneur  is  simply  a  manufacturer  who  recognises  client  requirements  and  develops
                 products or services to meet those demands. Such an entrepreneur is product-oriented, beginning with an
                 industrial unit to generate a product, such as an electronic industry, textile unit, machine tools, manufacturing
                 unit, and so on.

                 Agricultural Entrepreneurs
                 Agriculture has historically been regarded as a low-yielding business. Agriculturists have lately adopted
                 new  and  innovative  technology  to  maximise  productivity  resulting  in  the  emergence  of  agriculture
                 entrepreneurship.

                 Technical Entrepreneurs
                 The  Industrial  Revolution  gave  rise  to  technical  entrepreneurs—individuals  who  leverage  their  technical
                 expertise  to  design  and  provide  machines,  tools,  and  methods.  They  focus  on  continuous  innovation  to
                 streamline industrial processes and enhance efficiency. By applying their specialised knowledge and skills,
                 technical entrepreneurs play a key role in driving technological advancements.

                 Non-technical Entrepreneurs
                 These  entrepreneurs  specialise  in  supporting  technical  entrepreneurs  by  leveraging  their  skills  to  deliver
                 services.  Their  strength  lies  in  managing  the  non-technical  aspects  of  a  product  or  service,  focusing  on
                 processes that take place before and after manufacturing, rather than being directly involved in production.

                                                                                            Entrepreneurial Skills-IV  103
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