Читать книгу Entrepreneurial Finance - Robert D. Hisrich - Страница 12

Types of Entrepreneurs

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The Global Entrepreneurship Monitor (GEM) identified three main types of entrepreneurs: (1) nascent entrepreneurs, (2) new entrepreneurs, and (3) established entrepreneurs (Acs, Arenius, Hay, & Minniti, 2005; Autio, 2007).

Nascent entrepreneurs are individuals between 18 and 64 years old who do not have a firm yet but are in the process of starting one. These individuals have been committing time and resources to founding a new venture over the past months and expect to become active owner-managers in the short term. They have assessed the opportunity and have already taken steps toward the creation of the startup company but have not yet paid salaries to anyone for more than 3 months. This means they might have already written their business plan or did marketing research and are serious about founding a new venture.

It is common to find nascent entrepreneurs at universities, and over the years, we have met plenty of them. They usually start developing a project or idea during their student years, with many building a successful business either before or after graduation. There are several famous examples of individuals who were nascent entrepreneurs at universities, such as Mark Zuckerberg, who launched Facebook from his dormitory room back in 2004 and today is among the 30 richest people in the world.

New entrepreneurs are individuals between 18 and 64 years old and are owner-managers currently managing a startup venture. They have paid salaries for more than 3 but less than 42 months. This period is usually the most challenging for entrepreneurs as it represents the time period where most ventures fail.

Established entrepreneurs are owner-managers of entrepreneurial firms who have been in business for more than 42 months and are currently managing a firm. They have survived the most difficult years of a startup company and may be looking to further grow their business or simply looking for an exit.

No matter the stage of entrepreneurship, this book will provide relevant information that will help the entrepreneur understand better the financial aspects of doing business in a global economy.

Entrepreneurial Finance

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