Types of Businesses

This video discusses six different types of entrepreneurial businesses and the goals and characteristics associated with each type.

Remember:

  • Lifestyle business founders work to live their passion.
  • Small/family business founders work to make a good living.
  • Scalable startup founders work to build something big.
  • Buyable startup founders work to solve a problem and then move on.
  • Large company startup founders work to maintain or improve their -company’s position in the market through innovation.
  • Social enterprise founders work to make a difference.

    View the video script

Move on to Business Innovation Video 6: Building a Business Like a Scientist