Raizcorp Functional Entrepreneurship | Page 14

Entrepreneurship categories Katz and Green (2007:62) highlight five distinctive career paths for entrepreneurs: ● Habitual entrepreneurs – these are owners for a lifetime, at times in one business, occasionally across multiple businesses. The purpose of habitual entrepreneurs is personal satisfaction and thereafter income. Typically there is no continuation plan. ● Growth entrepreneurs – these are also referred to as lifetime owners whose purpose is first and foremost success. ● Harvest entrepreneurs​ – these are owners who have an exit plan. ● Spiral or helical entrepreneurs - alternating periods of growth and stability, this is ultimately determined by personal or family necessities. ● Occasional entrepreneurs - individuals who have a career and proceed along the path of entrepreneurship sporadically.