Explain The Stages of Entrepreneurs


Stages of Entrepreneurs



  1. First Generation Entrepreneur- He is one who starts an industrial unit by innovative skill. He is essentially an innovator, combining different techniques to produce a marketable product or service.
  2. Modern Entrepreneur – He is one who undertakes those ventures which go well along with the changing demand in the market. They undertake those ventures which suit the current marketing needs.
  3. Classical Entrepreneur – He is one who is concerned with the customers & marketing needs through the development of a self-supporting venture. He is a stereotype whose aim is to maximize his economic returns at a level consistent with the survival of the firm with or without an element of growth.

* Conclusion –   It should be noted that private entrepreneurship has to harmonise economic opportunities with social & moral responsibility. Harmonised planning of economic & moral values is a long drawn out process, but the goal has to be kept in named constantly.



Like it? Share with your friends!



Warning: Undefined array key "html5" in /home/bmsnewco/public_html/wp-content/plugins/facebook-comments-plugin/class-frontend.php on line 140

Facebook comments:

This Website Is For Sale. Email us an offer we cannot refuse on [email protected] :)

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Voting to make decisions or determine opinions
Formatted Text with Embeds and Visuals
The Classic Internet Listicles
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Upload your own images to make custom memes
Youtube and Vimeo Embeds
Soundcloud or Mixcloud Embeds
Photo or GIF
GIF format