Question

Who are Professional Entrepreneurs?

Hint:

Professional Entrepreneurs are serial business creators who build, manage, and expand enterprises regularly.

Answer 1

Professional Entrepreneurs are individuals who are engaged in entrepreneurship as a profession. They set up businesses not for a one-time project but as a continuous activity. Their primary aim is to innovate, manage, and expand enterprises in different sectors.

• They usually start a business and after its successful establishment, hand it over to professional managers and start a new one.
• They are experts in identifying market gaps, taking calculated risks, and building scalable business models.
• Their focus is more on innovation, expansion, and profit generation across multiple ventures.