Elshod Rakhmonov The freshmen in the faculty of The Healthcare Management at The Tashkent Medical Academy Review - 1. What Is the Psychology of Entrepreneurship?
- 2. Types of Entrepreneurs.
- 3. What Drives an Entrepreneur?
- 4. Combine Psychology with Business
What Is the Psychology of Entrepreneurship? - The psychology of entrepreneurship relates to understanding the relationship between successful business leadership and the mental techniques and characteristics that thriving entrepreneurs possess. It is closely tied to organizational psychology, which marries practical business application with the science of the human mind to elevate business productivity and cultivate a healthy business environment, whether that’s for a single entrepreneur or an entire organization.
- While the psychology of entrepreneurs differs from person to person, inevitably there’s some overlap in the way entrepreneurs engage with their work. For example, entrepreneurs are typically motivated to solve a specific problem or fill a certain business niche. Entrepreneurs also have a certain level of confidence and autonomy and are typically willing to bet on themselves without taking huge risks, according to the U.S. Chamber of Commerce.
Types of Entrepreneurs - As aspiring entrepreneurs start building their businesses, perfecting their products and identifying their target audiences, they might be surprised to learn that not all entrepreneurial styles are the same. By understanding the different types of entrepreneurs, they could gain insight into their individual strengths and weaknesses and where they should focus their efforts. Though entrepreneurs possess varying characteristics and motivations, some of the categories of entrepreneurs include the following.
Innovators - Leading the charge, an innovator is someone who aspires to create things never created before. Steve Jobs and Bill Gates fall easily into this type of entrepreneur, each creating landmark technologies that changed entire industries. Innovators are often obsessive about their businesses and face less competition as a result of being the first to do what they’re doing, but they’re also more susceptible to resistance from customers and shareholders who have no benchmark for the viability of their product or service.
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