Joseph has many ideas on a new business. He decides to form a new venture in order to seek out new opportunities. Which type of entrepreneur best describes Joseph?A.SerialB.Necessity-basedC.Opportunity-basedD.Social
Question
Joseph has many ideas on a new business. He decides to form a new venture in order to seek out new opportunities. Which type of entrepreneur best describes Joseph?A.SerialB.Necessity-basedC.Opportunity-basedD.Social
Solution
Joseph is best described as an Opportunity-based entrepreneur. This type of entrepreneur seeks out new business opportunities and starts businesses based on their findings. They are driven by their perception of a chance to create wealth.
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