Understanding the basics & types of Entrepreneurship

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>What is Entrepreneurship? To be an Entrepreneur means that you have the ability and you are ready to run a business while facing off all the problems and positives that might come your way. Even though female Entrepreneurship is less than 5% in the MENA region according to FastCompany https://fastcompanyme.com/impact/female-founders-say-the-mena-entrepreneurial-landscape-is-changing-for-the-better/#:~:text=Despite%20this%20progress%2C%20women%2Dled,a%20significant%20challenge%20for%20women. it is changing for the better because it is highly encouraged especially as startups and small businesses. Starting a business can be an exhilarating journey filled with opportunities for creativity, innovation, and personal growth. However, it requires careful planning, a solid understanding of essential skills, and effective strategies to navigate challenges and ensure long-term success. How to go from an idea to reality? The main focus to become a successful Entrepreneur is to make sure you know which type of Entrepreneurship you are in. This would help you navigate better about the steps you need to follow to transform the idea into paper and then into real life. You can find out more about that for FREE in our introduction to entrepreneurship course. https://www.careercarehub.com/Course/Details/3 Types of Entrepreneurship There are a few different types of Entrepreneurship, the four classifications https://byjus.com/commerce/what-is-entrepreneurship/#:~:text=Concept%20of%20Entrepreneurship,the%20starting%20of%20new%20businesses. are as follows: Entrepreneurship of small businesses: This is where the business is owned by an individual and has local employees or family members. it is mainly to make enough profit to get by but not to expand and grow into a large company. Entrepreneurship of large businesses: These businesses usually focus on creating a certain product internally to match the technological advances of the world and to keep up with customers wanting the latest innovations. Social Entrepreneurship: This is the type of Entrepreneurship that focuses on society, what it needs and improving it, it is not usually profitable. Startup Entrepreneurship: Startups usually start with a vision and with the intention of scaling the business steadily while securing investors. That is why they focus on hiring the best employees. Following our blog for more future insights.