Types of Entrepreneurs

What Type of Entrepreneur are You

To define the types of entrepreneurs is like trying to define Corporations! There are many types, classifications and terms that can be used to define the types of entrepreneurs.
So instead of explaining what types of entrepreneurs there are, the list below puts more of a category that most entrepreneurs will fall into. This list of three categories does not go into any great detail for the simple fact that every entrepreneur is different and unique. That in essence is what makes them entrepreneurs!

Serial Entrepreneur

This type of entrepreneur is more focused on the end result of change, than they are on bringing an idea to market as they Serial Entrepreneur is. A social entrepreneur gets their classification as they are one who is motivated by a desire to help, improve and transform various conditions. Conditions such as social, environmental, educational and economic conditions. A key trait of a social entrepreneur is their ambition and their lack of acceptance of the "status quo".

The social entrepreneur is driven more by emotional desire than by profit. The look to develop innovative solutions to some of the worlds largest problems, such as poverty and educational inadequacies to name two examples. The solutions that are developed are then taught so that they can be copied and enact change.

Social Entrepreneur

This type of entrepreneur is more focused on the end result of change, than they are on bringing an idea to market as they Serial Entrepreneur is. A social entrepreneur gets their classification as they are one who is motivated by a desire to help, improve and transform various conditions. Conditions such as social, environmental, educational and economic conditions. A key trait of a social entrepreneur is their ambition and their lack of acceptance of the "status quo".

The social entrepreneur is driven more by emotional desire than by profit. The look to develop innovative solutions to some of the worlds largest problems, such as poverty and educational inadequacies to name two examples. The solutions that are developed are then taught so that they can be copied and enact change.

Lifestyle Entrepreneur

Where the Serial Entrepreneur has ideas than business, and the Social Entrepreneur has social problem then solution, the Lifestyle Entrepreneur puts their lifestyle ahead of all else! This type of entrepreneur launches their business based on a passion that they have for a particular product or service. They combine their personal interests into a business that they truly love doing.

While most entrepreneurs are motivated to build their business to then sell it to shareholders, the Lifestyle Entrepreneur chooses a business model that allows them to grow their business into a long-term, residual income that is sustainable. A Lifestyle Entrepreneur may decide to become self-employed in order to achieve more personal freedom, more family time and more time to work on projects that they have a passion for and are inspired by

Three Types of Entrepreneur, One Goal

One common thread between all three types of entrepreneurs is that they made the conscious decision to break free from the pack and start on their own business. They understood that they can take control of their own lives and create what it is they desire.

The pride and accomplishment that comes from being self-employed knowing that you make your own income. The ability to have the proper life / work balance. While all entrepreneurs do go through a period where they are working on their business opportunity more than they did at their job, the successful entrepreneur's working hours greatly decreases once their business takes shape!

Would you like to be able to get the best of all three types of entrepreneurs? Would you like to be able to bring amazing products to the market that cannot be received anywhere else? To be able to create a way of life for people that they may not have had the chance to do otherwise? How about creating that lifestyle that you are looking for but cannot seem to find doing what you are doing now?

Recession Proof Your Income

Stop Fearing Recessions

Fear is a strong emotion. It is an emotion that can cause people to take extreme actions. The onset of this strong emotion can be easily witnessed in the business and personal world with the mention of one single word. One simple word that rolls off your tongue easily yet causes people to almost immediately begin to worry and sweat. The fear invoked by suggesting the economy may be in a recession or even just heading into a recession has vast implications to many people.

Concerns about employment, investments and the future are quickly brought to mind and the negative impact a recession will have on all of these major items in most people's lives. What can be done though to elevate this fear that is created when a recession is upon us? What can the average individual do to ensure that their incomes, their futures and their lifestyle are recession proof?

Definition of a Recession

Before we get into how you can recession proof your income, lets first make sure that we are clear what a recession means. By definition, an economy is in a recession when there is a decline in economic factors that lasts more than a few months. These economic factors can be, but are not limited to employments statics, manufacturing production numbers, income of citizens, real estate transactions and wholesale-retail trade. If these economic factors are seen to decline for a specific economy for over two consecutive quarters, by definition that economy is in a recession.

Necession Of Recession

Looking at the history of financial markets for any economy will always show certain periods of time where the economy was in a recession. While recessions can last from 6 to 18 months, there are many factors that can cause an economy to enter into a recession, as well as many solutions that allow the same economy to grow out of the recession.

In the end, recessions are a necessity to the overall growth of an economy. Yes that may sound counter-productive but what a recession ensures is the stability of the economy and allows for strong foundations to be built and allows the economy to grow.

The global recession that was induced in 2008-2009 was due to risky, and in some cases unethical investments. These investments were woven into many country's economies and when the truth came out as to what these investments were, and the loss in value these investments immediately had, many nations faced grave economic times.

The positive factor was these investments were "flushed" out of the financial system and new sweeping measures were put in place to ensure this type of financial disaster did not occur again. The growth that was experienced by these investments was not only halted by the recession, it exposed weaknesses in the financial markets. As a result of the recession, the financial markets are now much stronger and have the ability to grow more rapidly and safely.

Recession Proof Income

With a basic understanding of what a recession is, one may now ask "How is it possible to recession proof your income?" Again looking at facts and figures will be the only way that one can understand how this is possible.

If a recession is based on the decline of an economy, then any economic factors or industries that continue to grow during that period can be considered "recession-proof". Remembering that the basic definition of a recession is a decline in two consecutive quarters, an industry that continues to grow quarter after quarter is the exact opposite of a recession.

This industry is not imaginary, it is not a fairy tale it is true. Furthermore is also a global industry and one that anyone with the desire too can be a part of. This industry is of course is the network marketing industry, or MLM.

The network marketing industry has been in existence since the mid 1940's and is now in more than 172 countries around the world. When looking at the growth the network marketing (MLM) industry you can see the continuous growth that has occurred. Most recently from 2008-2009, while most industries were in panic mode, the network marketing industry flourished.

How To Recession Proof Your Income.

To be skeptical of the MLM industry is understandable as there have been instances of unethical business practises. 99% of all network marketing opportunities are legitimate, and to truly understand the network marketing industry one must educate themselves and gain facts about how an industry continues to grow in the face of global recessions.

If you have the desire to create a recession proof income, that is the first step. You must have the desire to want to change before you can begin. Having that desire will allow you to properly educate yourself and partner with a MLM opportunity that will suit your needs.

It is at this point that NHT Global can help you. Our experience working in the MLM industry allows us to directly work with you to get your questions answered and develop a recession proof income. If you have the desire for change and want a recession proof income, do not wait any longer. Click on the Get Started button at the top of the page to start your investigation process and have NHT Global help you.

The Perfect Business for Anyone at Home.

Start Your Business at Home Today!

How do the wealthy become wealthy? Are they just born into it? Do they know some secret that no one else knows?

They do have knowledge that most don't know, but it is not something that you cannot learn! There is no secret to what they do to get wealthy, stay wealthy and increase their wealth. They simply have multiple streams of income that continues to grow each and every day!

Watch and listen to New York Times Best Selling author Robert Kiyosaki talk about his story and how he came to write his classic Rich Dad Poor Dad series of books. Hear what he has to say about the Perfect Business and how you too can have this.

• Explode your earning potential!
• What are you Core Values and how are they affecting your income?
• See what quadrant you are in now and why you have to change!
• Understand that you can create passive income from home!
• Surround yourself with success, and you too will be successful
• There is no limit to what you can accomplish.

Understand The Power of Leverage

What does it take to become rich, money or business skills? Business Skills! So how do you develop those business skills that you need to get rich? Where are you going to learn the necessary business skills to become rich? Listen to what Robert Kiyosaki has to say . . .

And how we at Engineered Lifestyles can help you to achieve your Perfect Business! To help you design and build the lifestyle that is right for you . . . all while achieving your financial freedom!

Listen to Robert Kiyosaki's story to learn:

• To go from working for money to having your money work for you!
• Change the rules and you can change your outcomes.
• What values you have to change to increase your wealth
• Learn what the #1 asset is to create your wealth.
• How to make the transition now

and so much more.

Your Perfect Business Awaits You!

Create Long Term Wealth Starting Today

Create Long Term Wealth Starting Today

What does it mean to have financial security and is it something that is actually possible?







By simple definition there are four key factors for being financially secure.

They are:

• Being debt-free; this is bad credit such as credit cards, there is some amount of debt that is acceptable and in some cases required.
• In control of your expenses; spending within your means. Making $500,000 and spending $600,000 annually is not in control.
• Consistently increasing your net worth; increase in assets and investments that increase your worth as well as positive cash flow.
• Not being forced to work a job you dislike to pay the bills; not living paycheck to paycheck. If you lost or quit your job how long would it take before you were in financial distress?

The method many people earn an income today have changed drastically. The global economy continues to keep businesses running at their optimum levels and those that cannot keep up unfortunately cease to exist. Other businesses require massive changes, facility closures and moving operations to areas that make the most economical sense. From these decisions it can be difficult to see how one can have financial security when the employment landscape is consistently changing and the threat of job loss is always present.
Individuals have to protect themselves and their financial future by creating a safety net that will allow them to withstand the inevitable changes that will come their way. To put simply, what is better; one income or two? Everyone will agree that having a second income, or in the cases of couple who both work, a third income. But how can this be accomplished with the busy lives everyone lives? How can additional money be made to create the financial safety net that will allow you to and your family to be financially secure?

Becoming An Entrepreneur

A traditional myth about starting your own business is that a large investment is required. While this may be true for a traditional style of business, for example a franchise; we are currently living in the personal income age, and that allows individuals to make money from virtually anywhere they are in the world.

It is possible to start a business for less than $1000 and it can provide you with an income that could not only replace your current income, but also grow into something much larger. It may seem crazy to think that for just under $1000 you can start a business that could someday replace your current income. Yet each and every single day, people around the world are doing just that. They are doing it with the expanding industry of network marketing.

How to Eliminate Risk in Starting Your Business

Network marketing is an industry that has grown steadily since the early 1940's, but it is not until recently that the growth has skyrocketed. Recessions and downturns in the economies all over the world are forcing people to turn to entrepreneurship to generate income and they are finding their success in an industry they once thought was nothing but a pyramid scheme.

They have found that when they utilize the right opportunity the ability is there to create long term wealth. They have been able to do this because they have done their research and found the critical factors to focus on in selecting the right business opportunity.

Through all the thousands of home business opportunities to eliminate the risk you need to investigate the following items:

• Leadership of the company and/or distributor field. This includes not only their success within the opportunity you are investigating, but also in the industry. How long have they been with the business opportunity you are investigating, things of that nature.
• Company history. How long has the company existed, what are their revenues, profits, how many markets are they officially doing business in.
• Products. While many believe this is the most important factor when joining a company, looking at the company's history will inevitably show you how successful the products are.

Investigating these three keys of the business opportunity will be the basis for understanding how stable and profitable the business can be for you.