Around the globe, there are many different entrepreneurial
ventures, like different small businesses, entrepreneurs and researchers, etc. Entrepreneurial
ventures set place different opportunities and innovations that produce and developed
economic and social values.
The word typology is rightly based on human behavior
in terms of values, various samples, and numerous types of methodologies
according to demand. Additionally, three
types of typologies can be found that are bullets down.
High impact entrepreneurial venture
Small profit entrepreneurial venture
Lifestyle entrepreneurial venture
The term high growth entrepreneurial venture can be
found in the way of planning like a small business with a specific team or person
with the goal of maximum profit.
Secondly on the other hand small profit venture is an
organization that always has its goals and aims limited with limited resources
and risk. Emphasizes a person produces a
limited amount of investment in the business to produce a profit on a small
scale through the organization.
The third venture is mostly set up by its founder
with the thought of doing something creative and enduring a specific level of
income with the best possible outcome. Moreover, it also maintains a specific
lifestyle and restriction of scalability for their potential growth.
the Similarity and Differences between Entrepreneurial Ventures
Initially investigate the diverse range of entrepreneurial
ventures to demonstrate and understand entrepreneurship at a different level on
both sides like the public ad cooperative sector. Moreover, they aim to venture
to gain the advantage of their social opportunities and create value for the
citizen. Furthermore, they try to imprisonment a big area of the market economy
and make a profit in the existing market. Likewise, they try to figure out the social
needs and focus on creating good quality products and services that fulfill the
solution of the problems effectively.
Development and Growth of Entrepreneur Venture
According to their given data, they essential take entrepreneurship
for every next company for their benefit. Their nature is dynamic and their member
thinks out of the box to fulfill all the desired need according to the
environment. They bare the type of ventures that emphasizes profit-making the
wide the room for the association. Besides this, they also develop various unique
and productive policies to embolden the activities of the council.