What do you say - How do opportunity entrepreneurs differ from necessity entrepreneur?
Imagine being a senior bureaucrat in planning commission which is formulating a policy for addressing the mentoring and credit needs of micro-entrepreneurs.
Would your policy be targeted towards opportunity entrepreneurs or necessity entrepreneurs or both? If both, how and why?
Experience indicates that needs, personalities, traits, behavior, habits and abilities of opportunity entrepreneurs differ significantly from that of necessity entrepreneurs. In fact, both can be categorized as opposites. One standard policy cannot and should not target both at one go. Let’s delve deeper into differences –