Types of Entrepreneurs

Nascent: Establishes a new enterprise

Novice: A person with no prior experience who establishes a new enterprise

Habitual: A person with prior business ownership experience who establishes a pattern of new enterprise

Serial: A person with sequential start-ups and closures of new enterprises

Portfolio: A person with an array of new enterprises, some seemingly unrelated or vertically or horizontally integrated

Source: Ucbasaran, Westhead & Wright, The focus of Entrepreneurial Research : Contextual and Process Issue, ET &D, Summer 2001, V25, #4, P. 59. Also note that in addition to the “Type of Entrepreneur” theme, they develop two other key themes: “Process” and” Type of organization.”