National

Entrepreneurs


Styles of Entrepreneurship

There are different ways of being an entrepreneur. It can range from:

  • the classic business person
  • a contract worker
  • a creative freelancer
  • an opportunity-maker
  • and more!

Often the major businessperson who builds and runs a multi-million dollar company is held up as the ideal entrepreneur, but what it really boils down to is the right combination of who YOU are and how YOU prefer to work. Overall, you must set your own style, find a way of working, and respond to the opportunities when you see fit.

A very good analogy is "Like a liquid, entrepreneurship tends to take the shape of its container - YOU!"

Here are some common ways of working entrepreneurially - check them out and identify where you see yourself!

Contract Work

Contract workers benefit from the opportunities created by other organizations that are looking to put out projects to be completed on a contract basis. Basically, contractors can pick and choose the projects they prefer. But, contractors must learn to balance out their work to get them through slower times.

Contracts can be found through large corporations, small businesses, non-profit organizations and government. Contractors can build a portfolio or expertise, allowing them to apply their skills to a variety of projects.

Intrapreneurship

Intrapreneurs, or enterprising employees, bring their ideas forth using existing resources, networks and business structures - creating opportunities with established organizations. Within the bounds of their jobs, they identify projects that fulfill their goals and bolster their company's bottom line simultaneously. These individuals are recognized for their innovative ways of doing business.

Freelancing

Entrepreneurs of this style are often writers, photographers, carpenters and interior design consultants. Essentially this entails a research project, a photography assignment working at home - promoting their services to whoever has work to be done. They manage themselves as a business - finding their own work, doing their own books and taxes, and maintaining control over where, when, why and how they work.

Social Entrepreneurship

These individuals champion causes ranging from community development to international aid. They create and run programs that serve society's social, sometimes non-revenue generating, needs. They often forego larger incomes for themselves. They often hone their skills in fundraising and project management- using their entrepreneurial instincts to make a positive impact in their society.

Business Ownership

Here is an interesting fact: over 3.8 million people between the ages of 15 and 29 own their own business in Canada. These individuals work long hours to turn this innovative idea into business plans, building something from nothing to create jobs for themselves and others.

Source:
Realm
Spring 2001
"It's not what you do it's how you do it"