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Professional Entrepreneurs
              This type of entrepreneur builds a business from the ground up, nurtures its growth, and guides it to self-
              sufficiency. Once the venture reaches this stage, the entrepreneur sells the company and starts a new one,
              continually repeating this cycle.
              Entrepreneurs in Information Technology

              IT  entrepreneurs  are  individuals  who  engage  in  entrepreneurship  within  the  domain  of  Information
              Technology (IT). The key difference between IT entrepreneurs and technical entrepreneurs lies in their focus
              areas: technical entrepreneurs work in sectors such as electronics, mechanical devices, and civil engineering,
              while IT entrepreneurs are dedicated exclusively to innovations in the field of Information Technology.

              Women Entrepreneurs
              As the term implies, women entrepreneurs are those women who start their own businesses. A growing
              number of female entrepreneurs are taking the initiative to create their own businesses, and many of them
              have made it to the top.

              Social Entrepreneurs
              Social entrepreneurs are individuals dedicated to developing solutions that address societal challenges. They
              actively create, fund, and implement initiatives aimed at improving society, culture, and the environment.
              The  terms  "social  innovator"  and  "social  entrepreneur"  are  often  used  interchangeably to  describe  these
              changemakers.
              Entrepreneurs from a Family Business

              A family business entrepreneur is someone who manages and operates a business that has been successfully
              passed down through generations. Unlike a first-generation entrepreneur, this individual inherits the business
              and  continues its operations,  either  maintaining  the  traditional  methods or  introducing  technological
              advancements to improve the existing processes and approach of the family enterprise.

              Entrepreneurs of the First Generation

              First generation entrepreneurs are persons who have no prior business experience. They can come from a
              variety of ages and backgrounds. A person who starts at the age of 50 without any entrepreneurship history
              is also a first-generation entrepreneur, as is someone who starts at the age of 17.


                                                 Lab Assignment ‘n Activity                  21 st  Century   #Technology Literacy
                                                                                                 Skills


                    Complete the following activity and tick on the circle.

                    Make a presentation on different types of  Entrepreneurs.



                4.3 FUNCTIONS OF AN ENTREPRENEUR

              The following are some of the essential functions that an entrepreneur must accomplish:
                Identifying business opportunities: The world of business presents countless opportunities, rooted
                  in fundamental human needs such as food, fashion, education, and more. The general population is
                  unaware of these opportunities. However, an entrepreneur detects opportunities faster than others. As a
                  result, the entrepreneur must have his or her eyes and ears open at all times. To become an entrepreneur,
                  one must have vision, creativity, and innovativeness.


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