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Question
exercises - entrepreneurship: going from an idea to a business
h it to the type of entrepreneurship the scenario best describes.
) works at a local café that is popular with morning commuters. he notices that many the morning transfer the coffee into their own insulated to - go mugs. mateo comes up with wn insulated mug with the company logo on it as a way to promote the café. as a bonus— lty—customers who buy the mug will receive a discount every time they present their mug to
naveen is fluent in several languages. he runs a small business out of his house where he works via zoom as an interpreter for companies that have international clients that do not speak english. he chose to work from home rather than join a professional interpreter company, because working from home allows him to do the work he loves but have a more flexible schedule.
danielle works as a photographer for weddings and special events. she operates her business alone and takes care of all aspects of the business herself.
tahlia is a stay - at - home mom. when her children are at school, she works out of her house transcribing medical records. she uses the website upwork to find clients in need of her skills.
options (left side): solopreneur, micropreneur, freelancer, entrepreneurial team, intrapreneur, side hustle
For Naveen's scenario:
A micropreneur runs a small - scale business, often from home, with a focus on maintaining a certain lifestyle and having flexibility. Naveen runs a small business from his house, has a flexible schedule, and the business is relatively small - scale, so he fits the micropreneur category.
A solopreneur operates a business alone, handling all aspects of it. Danielle works as a photographer for events, operates her business alone and takes care of all business aspects herself, so she is a solopreneur.
A side hustle is a secondary business or job done in addition to other responsibilities (here, being a stay - at - home mom). Tahlia works transcribing medical records from home when her kids are at school, using Upwork to find clients, and this is a secondary income - generating activity alongside her role as a mom, so it's a side hustle.
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Micropreneur