This report delves into the realm of entrepreneurship and small business management, exploring various entrepreneurial ventures and their relation to different typologies. It examines the impact of micro and small businesses on the economy, supported by relevant data and statistics, and further analyzes the contributions of these businesses and startups in the post-Brexit context. The report also highlights the characteristics, traits, and skills of successful entrepreneurs like Walt Disney and Anita Roddick, differentiating them from other managers. Finally, it reflects on how an entrepreneur's background and experience can either hinder or foster entrepreneurial endeavors. The assignment provides a comprehensive overview of key concepts and their practical implications.