first generation ,second generation and classical entrepreneur
Answers
1. First Generation Entrepreneurs is a synonym for New Entrepreneurs. They are actually the wealth creators and fresh leaders. The only deviation between them is that a new entrepreneur can invest a small amount with the risk of losing it while an established one is 'Risk-Safe'.
2. The succession of second‐generation entrepreneursto control of the family business created by their fathers is a challenging, often unsatisfactory process.
3. They undertake those ventures which suit the current marketing needs. Classical entrepreneur: A classical entrepreneur is one who is concerned with the customers and marketing needs through the development of the self supporting venture.
Answer:
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explanation:
1. First Generation Entrepreneurs is a synonym for New Entrepreneurs. They are actually the wealth creators and fresh leaders. The only deviation between them is that a new entrepreneur can invest a small amount with the risk of losing it while an established one is 'Risk-Safe'.
2. The succession of second-generation entrepreneursto control of the family business created by their fathers is a challenging, often unsatisfactory process.
3. They undertake those ventures which suit the current marketing needs. Classical entrepreneur: A classical entrepreneur is one who is concerned with the customers and marketing needs through the development of the self supporting venture.