Facts About Entrepreneur – FatRank

There has never been a better time in history to become an entrepreneur and run multiple successful businesses.

With the internet, we have all the information to learn how to succeed.

Are you making the most of the digital era we live in at present? Do you need to brush up on your Entrepreneurship facts?

Let’s take a closer look at what entrepreneurship is…

Am I an Entrepreneur?

If you have your own business you could be deemed an entrepreneur, but with setting up businesses being so simple nowadays this term is being coined all too easily.

“The definition of an entrepreneur is this…a person that starts a business, taking on financial risks in the hope of profit.”

There are many stages and types of entrepreneurship listed below.

On your journey, there’s a chance you bounce around between these various entrepreneurship categories.

Common Hashtags used for entrepreneurial status:

  • #entrepreneurial
  • #entrepreneurship
  • #entrepreneurism
  • #entrepreneur
  • #entrepreneurist
  • #enterprising

So remember, you won’t be the same entrepreneur you were when you started as it is natural to fall into multiple entrepreneurship types.

It is important that you aim to get business education by your own means if you want to be a successful entrepreneur.

This doesn’t mean you need a bachelor’s degree. Remember Bill Gates was a college drop out, but still a very successful entrepreneur due to his own personal education and business plan.

What Are The Types of Entrepreneurship?

Anyone that has their own business is an entrepreneur, but that one simple term encompasses a wide variety of experiences and business types.

There are so many different types of entrepreneurs, that many terms have been coined to describe the different modes of entrepreneurship.

What is an Online Entrepreneur?

An online entrepreneur is someone who makes their living online.

Here are some online entrepreneur business ideas:

  • Social Media Influencer
  • Blogger / Website Copywriter
  • SEO Consultant
  • Affiliate Marketer
  • Web Designer
  • Graphis Designer
  • Software Developer
  • Lead Generation Specialist

There are so many more online entrepreneurship ideas evolving now we are in the digital era.

What Is A Solopreneur?

A Solopreneur is someone who runs their business alone and is ultimately responsible for its success or failure.

A Solopreneur is a mixture of two words, Solo and Entrepreneur. It means that you are an entrepreneur that prefers to work alone or solo.

“A successful Solopreneur is someone who has developed a business with NO Employees, that’s Portable, Scalable, and produces Passive Income.”

A solopreneur working solo means you aren’t actually hiring employees with an office. But you can hire contractors and simply pay by the hour or project. With the power of the internet and this digital age, you can have a fully operational business with virtual assistants all around the world doing different tasks at different times to complete a common goal.

What is a Wantrepreneur?

A person who aspires to be an entrepreneur, but never takes any action towards this goal.

Entrepreneurship vs Wantrepreneurship
Entrepreneurship vs Wantrepreneurship

An entrepreneur is driven by his passion for his business. It is something he loves to do, something he believes in. Wantrepreneurs follow the trend, simply because it has proven successful already.

What is Socialpreneur?

Socialpreneurs are folks who pay attention to the world around them. They recognize a need in their community or in society as a whole and then seek out ways to feed this need while still being able to turn a profit.

If your goal is about changing the world for the better, then you’re probably a socialpreneur.

Socialpreneurs usually highlight their social mission in their marketing and make it a key part of their positioning.

Many super successful billionaires become socialpreneurs because feel the need to do better for the world and people around them.

What is an Influencer Entrepreneur?

An influencer is someone that built an audience around a topic and then sells exposure to that audience.

There are several ways to build a following online through social media:

  • Creating informative or fun videos
  • Startup an audio podcast
  • Create a group on social media offering value
  • Writing a book
  • Copywriting on a blog with guides
  • Public Speaking
  • Guest Posting on large publication websites

The influencer entrepreneur shares their knowledge for free but then charges advertisers to sell to their audience.

What is a Webpreneur?

A webpreneur is a blend word made from the world wide web and entrepreneur.

Webpreneurship is not for the weak-willed.

The world wide web internet is ever-evolving daily so to remain a webpreneur you need to eat, sleep and breathe SEO and internet marketing.

What is an Intrapreneur?

An intrapreneur is an employee who is tasked with developing an innovative idea or project within a company. The intrapreneur may not face the outsized risks or reap the outsized rewards of an entrepreneur. However, the intrapreneur has access to the resources and capabilities of an established company.

Intrapreneurship is the act of behaving like an entrepreneur while working within a large organization.

The intrapreneur can be every bit as valuable to the business as an entrepreneur because they can be irreplaceable to the decision-makers.

They embody the same business-mindedness, innovation, and creativity that entrepreneurs do, often starting their own ideas and campaigns without hand-holding. All the entrepreneurs on this list NEED intrapreneurs to work for them.

What is a Lifestyle Entrepreneur?

A Lifestyle Entrepreneur is an individual that creates a business with the purpose of altering their personal lifestyle and not for the sole purpose of making profits.

A lifestyle entrepreneur focuses more on the life rewards provided to people that enjoy and have a passion for what they are doing.

A lifestyle entrepreneur is a type of entrepreneur that focuses on creating an environment where they can set their own schedule and live wherever they want.

The goal is to be as flexible as possible and maximize enjoyment. Normally the people who are lifestyle entrepreneurs are called digital nomads.

What is Multipreneur?

Multipreneurs are entrepreneurs who have multiple businesses or business projects going at once.

Many entrepreneurs have too many ideas to stop at one business and decide to branch into several fields or pursue multiple business ideas.

If being an entrepreneur requires a good deal of work and energy, being a multipreneur requires the same in volume, so it’s definitely not for everyone.

But for the entrepreneurs that start to get taste once they have one business idea successfully started, becoming a multipreneur is the natural next step.

What is The Investor Entrepreneur?

At the highest level of entrepreneurship sits the angel investor. This is the silicon valley type of entrepreneur who made their money starting businesses and now is looking to help the next generation.

The type of entrepreneur you need to be as an angel investor is someone who takes massive risks.

Angel investors invest in businesses in which they believe but they realise they may struggle to find other financings.

It’s a select few people that make it to this level of entrepreneurship but believe me they started with everyone else. They hustled to make their money and now they’re looking to keep the next generation of growth startups going.

What is a Entremanure?

An entremanure is an individual who starts up small businesses that are totally full of shit.

A classic example of an entremanure is someone who gets sacked as an employee and then the following day his bio reads “CEO of thriving new business”.

Nowadays being a CEO of a small business or start-up company is all too easy to have on your bio but let’s not bullshit from the off saying its a successful or thriving company less than one year into the reigns.

An individual who sells bullshit for a living. Someone who is continually starting brand new businesses that tend to be absolute crap.

Common Hashtags used for the entremanurial status:

  • #entremanurial
  • #entremanurism
  • #entremanure
  • #entremanureship
  • #bullshitter

The definition of an entremanure is a new business owner who lacks experience in management, marketing, accounting and all major requirements that entrepreneurs really have in their arsenal.

What is a Contrepreneur?

A contrepreneur is someone getting rich selling bullshit online courses because you believe there is some kind of secret formula to create passive income.

In this video, it explains the science behind the CONTREPRENEUR FORMULA.

If you’ve got a friend or family member who attends this type of event and can’t admit it’s a con – get them to watch this.

Common Hashtags used for the contrepreneurial status:

  • #contrepreneurial
  • #contrepreneurship
  • #contrepreneurism
  • #contrepreneur
  • #conartist
  • #scammer

The sad thing about the contrepreneurs is they are exploiting people who are trying to better themselves in their career.

What is a Mompreneur?

A mompreneur refers to female business owners who actively balance the role of mom and the role of entrepreneur.

Mompreneur is a slang term describing women who start or run their own businesses while also acting as a full-time parent, where Mompreneur is a combination of the words “mom” and “entrepreneur”.

Mompreneurship is a relatively new trend in entrepreneurship, and have come to increase prominence especially in the internet age.

What is a Dadpreneur?

A dadpreneur refers to male business owners who actively balance the role of dad and the role of entrepreneur.

Dadpreneur is a slang term describing men who start or run their own businesses while also acting as a full-time parent, where dadpreneur is a combination of the words “dad” and “entrepreneur”.

Dadpreneurship is a growing term used online because many are having to balance family with the workload of trying to build a successful business.

All Entrepreneurship Related Posts

Check out the in-depth list of entrepreneurship posts.

The full list shows the entrepreneurship articles to help you widen your knowledge.


Once you know which type of entrepreneur you are, double down and focus to reach your goals. Remember, you want to start a business and become one of the successful entrepreneurs.

You might find at different times in your life you might change from one type of entrepreneurship to another – this is perfectly normal.

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