portofolio entreprenuership is the emerging trend

1. By- Sudhansu Sethi
Saurabh jain
Yogesh pareek
Rahul kumar
Central university of rajasthan
Mba-2 nd semi

2. Entrepreneurship
 The idea of entrepreneurship as the ‘identification,
evaluation and exploitation of an opportunity’.

3. Types of Entrepreneurs
 Type 1 refers to as the “one-shot entrepreneur,” who
successfully builds a big enough business and becomes
a CEO of his own company.
 Type 2 is the “drop-out entrepreneur” those who build
successful businesses before either selling or forced to
move out of the businesses they created.
 Type 3 refers to as “business generators” and are more
generally known in literature as habitual
entrepreneurs.

4. New Classification
 Individuals considering establishing a business are
called nascent entrepreneurs.
 Novice entrepreneurs are first time entrepreneurs
hence, have no prior business experience.
 Habitual entrepreneurs engage in repeated
entrepreneurial behaviour and are therefore
experienced entrepreneurs.

5. The habitual entrepreneur
 The term habitual entrepreneur was originally coined
by “Jennifer Starr.”
 These entrepreneurs enjoy the excitement and
challenge of start ups so much so that once
successful, they become bored.
 Although they continue to own the business, they
prefer to employ professional management and then
turn and start other ventures.

6. Types of Habitual Entrepreneur
 The serial entrepreneur, those who own one
business after another but only one business at a time.
 The portfolio entrepreneur those who own more
than one business at a time.

7. Types

8. Portfolio Entrepreneurs
 “individuals who currently have minority or
majority ownership stakes in two or more
independent businesses that are either
new, purchased and/or inherited.”

9. What is portfolio
entrepreneurship?
 A portfolio entrepreneur owns multiple businesses at
the same time.
 Key success factors here are partners and delegation.
 Ideally this should be something all entrepreneurs do.

10. Related literature to portfolio entrepreneurship
 Family business
In the context of family businesses, habitual
entrepreneurs add new businesses and thereby form
business groups based on different motives.
 This entrepreneurial activity may be planned or
serendipitous in nature and that family businesses do
not remain the same through the generations.

11. Families as actors for portfolio
entrepreneurship

12. The corridor principle
 ‘The mere act of starting a venture enables
entrepreneurs to see other venture opportunities they
could neither see nor take advantage of until they had
started their initial venture.’
 Study strongly found that those who start a second
venture quickly after the initial venture had longer
entrepreneurial careers than those who did not.

13. + Aspects
 It is reasonable that portfolio entrepreneurs use a
variety of heuristics in deciding to pursue and exploit
identified opportunities.
 Portfolio entrepreneurs would most likely have good
networks/contacts around them.
 Successful portfolio entrepreneurs are unarguably
experienced business founders.

14. Sources of Income

15. Conclusions
 ♦ Almost 1 in 5 farm households operate another
business.
 ♦ Portfolio entrepreneurship important to the rural
economy growth engine.

16. Example
Christopher Fogg, a
portfolio
entrepreneur