Entrepreneurial Ventures: Types, Start-Ups, Similarities, Differences

This essay provides an overview of different types of entrepreneurial ventures, including small businesses, scalable start-ups, large company entrepreneurship, and social entrepreneurship. It discusses the similarities and dissimilarities between male and female entrepreneurs, highlighting differences in decision-making and relationship-building approaches. The essay also emphasizes the importance of business start-ups in providing opportunities and contributing to economic growth, referencing examples such as Hilton hotels as a large venture. It touches upon the historical context of tourism and its evolution from nomadic travels to organized pilgrimage, illustrating the impact of entrepreneurial activities on various sectors.

In the early age, cultural aspects, learning languages and travelling challenges restricted (Capacci, Scorcu and Vici, 2015). In 14 century
Christopher Columbus sailed westward and vasco da gama cruised to country for earn money then business travel has been integral part of
tourism industry(Cave and Brown 2012). Early tourism started with Nomads who
travelled around the world in search of food and shelter. Main intension of this traveller is to gathered food and traded around the world and
gave rise to the barter system (Capacci, Scorcu and Vici, 2015). 1500 BC is marked as the era when the Europeans visited pyramids and thus
developed the tourism for pilgrimage. Early tourism started with Nomads who travelled around the world in search of food and shelter. Main
intension of this traveller is to gathered food and traded around the world and gave rise to the barter system (Capacci, Scorcu and Vici, 2015).
1500 BC is marked as the era when the Europeans visited pyramids and thus developed the tourism for pilgrimage.
Several types of entrepreneur ventures are stated
below:
Small business enterprise: Such firms are often
very small in size which is started by an individual
or a group of person for earning profits so that they
can survive easily. This usually involves businesses
of small saloon, grocery, electrician, travel agents
and many more.
Scalable start – up entrepreneurship: These people
are often novice their ideas for changing entire
conception of marketing area. They commonly
search for sponsors who supports their thoughts and
help them financially.
Large company entrepreneurship: Such firms are
generally very large in size and engages numerous of
workers in order to manufacture products and
services on time to attract consumers as well as
earning high profitability. Hilton hotel can be the
best example for such type of large venture. It is an
international brand that offers hospitality services
with the help of their more than 570 hotels and
resorts in around 85 nations. This was founded by a
great entrepreneur named as Conrad Hilton in 1919.
Social entrepreneurship: They aim to create peace
or developed social group and try to do the same by
implementing different events and plan of actions.
Small-business:
This contributes in gaining profit to every firm. It has
been playing important role in economic growth
enhancement. This is availing around more than 60 % of
occupations in UK.
Business start-up's:
This is the innovational portion of each venture. The key
aim of such businesses is to provide more opportunities
regrading chores and facilities within nation. It aids in
around 81 percent of improvement of corporation.
Female and male entrepreneurial:
Similarities:
• Both of them are having identical level of
skills and knowledge’s.
• Man and women entrepreneurs give same
efforts for finishing any job.
Differences
• Male one are frequently comfortable in taking
decisions in logical manner but females often face
difficulties or remains in confusion sometimes as per
the circumstances.
• Women concentrate over making positive or
healthy relations with their personnel’s, whereas male
is generally task oriented (Djankov and et. al., 2010).
TYPES OF ENTREPRENEURIAL
VENTURES
SIMILARITIES AND
DISSIMILARITIES
IMPORTANCE OF BUSINESS
START - UP'S