Types of Entrepreneurship: Small Business, Scalable Startup, Large Company, Social Entrepreneurship
VerifiedAI Summary
Entrepreneurship is the practice of ideating, developing, launching, and running a business venture along with its financial risks. There are different types of entrepreneurship including small business, scalable startup, large company, and social entrepreneurship. Small businesses are mostly barely profitable and are funded via friends/family or small business loans. Scalable startups believe that their vision can change the world and their funding comes from venture capitalists. Large companies offer new products that are variants around their core products. Social entrepreneurship creates products and services to solve social needs and problems.
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