Anyone that has their own business is an entrepreneur, but that one simple term encompasses a wide variety of experiences and business types. There are so many different types of entrepreneurs, that many terms have been coined to describe the different modes of entrepreneurship.
If you’re an entrepreneur, chances are there’s at least one additional and more specific term you can claim as well. Here are some of the most popular types of –preneurs you can be.
Solopreneurs go by many names – freelancers, independent contractors, and self-employed are some of the most common you’ll hear. While some solopreneurs hire other contractors to help, solopreneurs generally run their businesses based on supplying the kinds of services or products that one person can provide on their own. This is a popular business choice since it provides independence, solopreneurs can usually work from anywhere, and it requires lower startup costs than running a business that requires employees.
Infopreneurs sell things like courses and ebooks, rather than physical products or services. As with being a solopreneur (and many infopreneurs are also solopreneurs), infopreneurship is a popular choice for new entrepreneurs looking for a business model with low startup costs.
Also called online entrepreneurs, this category has a lot of overlap with the others on the list. It includes entrepreneurs that sell SaaS products, those that sell information products entirely online, and many solopreneurs that sell online services like social media consulting. As more and more of our lives move online, there’s more opportunity for entrepreneurs to create online products people need that can be sold and bought from anywhere with an internet connection.
Mompreneurs usually start businesses in order to be able to stay home with their kids. They often market their products or services to other mothers, although that’s not always the case. There’s a big overlap in this category with solopreneurs and e-preneurs.
The Mompreneur Show
If your goal in entrepreneurship is less about profit than changing the world for the better, then you’re probably a socialpreneur. Socialpreneurs make a point of selling products that are sustainably and humanely made and often provide a portion of their profits to a charitable cause. They usually highlight their social mission in their marketing and make it a key part of their positioning.
Ecopreneurs are a subset of socialpreneurs but, in a culture that’s increasingly concerned about climate change and environmentalism, they’re a big enough category to include here as well. You’ll also hear ecopreneurs called green entrepreneurs or eco-entrepreneurs.
Many entrepreneurs have too many ideas to stop at one business and decide to branch into several fields or pursue multiple business ideas. If being an entrepreneur requires a good deal of work and energy, being a multipreneur requires the same in spades, so it’s definitely not for every one. But for the entrepreneurs that start to get antsy once they have one business idea off the ground, becoming a multipreneur is the natural next step.
Did we miss one? Let us know what type of entrepreneur you are in the comments below!