What Type of Entrepreneur Are You?When starting up, it helps to know your strengths. Here's how to parse them out.

ByMartin Zwilling

Opinions expressed by Entrepreneur contributors are their own.

Shutterstock

Figuring out what kind of business to launch is hardly a science, but it should be considered logically.

Think about the basic entrepreneur make up. While naturally all entrepreneurs are unique under the sun, they do tend to conform with certain archetypes. Some entrepreneurs are really inventors, who view the challenges of building a business as a necessary evil. Others are really marketers who believe that they can entice customers to any offering. Some just want to change the world and make it a better place.

But why does this matter? It's my view that if you know what your strengths are early, you'll be better equipped to launch businesses that are more likely to survive and even thrive.

I've always wondered if there was some way that I could quickly deduce a new entrepreneur's "sweet spot," and optimize my mentoring to those strengths and weaknesses, maybe similar to the Myers-Briggs type indicator for business professionals. I just saw an interesting step in that direction via a new book "Entrepreneurial DNA," by Joe Abraham, with hisassessment website.

His framework seems to be picking up some traction, and is already in use informally by several entrepreneurship platforms, includingStartupAmerica, andCoFoundersLab. His methodology measures an entrepreneur's fit or DNA in each of four quadrants -- Builder, Opportunist, Specialist, and Innovator (BOSI), defined at a high level as follows:

1. Builder.These entrepreneurs are the ultimate chess players in the game of business, always looking to be two or three moves ahead of the competition. They are often described as driven, focused, cold, ruthless, and calculating. Many might say Donald Trump epitomizes this category.

Related:4 Steps for Making Early Financial Projections

2. Opportunist.The Opportunist is the speculative part of the entrepreneur in all of us. It's that part of our being that wants to be in the right place at the right time, leveraging timing to make as much money as possible. If you ever felt enticed to jump into a quick money deal, like a real-estate quick-flip, or an IPO, that was your "opportunist' side talking.

3. Specialist.This entrepreneur will enter one industry and stick with it for 15 to 30 years. They build strong expertise, but often struggle to stand out in a crowded marketplace of competitors. Picture the graphic designer, the IT expert or the independent accountant or attorney.

Related:4 Tips for Overcoming the Top Challenge Young Entrepreneurs Face

4. Innovator.You will usually find the Innovator entrepreneur in the "lab" of the business working on their invention, recipe, concept, system or product that can be built into one or many businesses. The challenge with an Innovator is to focus as hard on the business realities as the product possibilities. Too many Innovators are like Dean Kamen, still struggling with the Segway Human Transporter, while holding 440 other device patents.

Of course, discovering your entrepreneur type is only the beginning. After that, it's all about capitalizing on those strengths, shoring up your weaknesses and building a plan that works for you.

总而言之,我在使用这个methodolog看到真正的价值y in conjunction with incubators, business accelerators and mentoring. I'm not yet convinced that anyone has a fully automated system that will nail your entrepreneurial DNA and help you succeed, despite the unpredictable business and personal realities.

Related:How to Sharpen Your Decision-Making Skills

But I see a real opportunity here for every entrepreneur to optimize his impact and his personal satisfaction with a minimum of effort. I challenge each of you to take a hard look at what makes you tick.

What do you think makes up an entrepreneur's DNA?Let us know in the comments section.

Wavy Line
Martin Zwilling

Veteran startup mentor, executive, blogger, author, tech professional, and Angel investor.

Martin Zwilling is the founder and CEO ofStartup Professionals, a company that provides products and services to startup founders and small business owners. The author ofDo You Have What It Takes to Be an Entrepreneur?andAttracting an Angel,he writes a dailyblogfor entrepreneurs and dispenses advice on the subject of startups.

Editor's Pick

We're Now Finding Out TheDamaging Results of The Mandated Return to Office— And It's Worse Than We Thought.
He 'Grew Up in Bars' and Was Drinking By Age 10 — But Entrepreneurs Changed His Life. Now a Business Owner Himself,He's Paying It Forward.
LinkedIn Changed Its Algorithms — Here's How YourPosts Will Get More Attention Now
'Focus Is Just as Important as Passion': How to AvoidEntrepreneurial Deficit Disorderin Franchising
Lock
Kevin O'Leary Recommends This6-Step Strategyfor Making Money on Social Media
Lock
ThisMindset Shift Changed My Life— And Gave Me the Courage to Leave My Well-Paid Full-Time Job.

Related Topics

Business News

'Pre-Boarding Scam': Customers Furious at Southwest Airlines After 20 Passengers Ask For Wheelchair Assistance to Board

A viral tweet is slamming the airline's wheelchair policy for boarding and disembarking.

Data & Recovery

Get a Lifetime of Cybersecurity Services for More Than Half Off

Protect your business with MonoDefense Security Suite.

Growing a Business

We're Now Finding Out The Damaging Results of The Mandated Return to Office — And It's Worse Than We Thought.

w公司知道强制回到办公室ould cause some attrition, however, they were not prepared for the serious problems that would present.

Business News

'Do You Hate Me?': High School Teacher Shares Wild Emails He Receives From Students

Jordan Baechler teaches high school students in Ontario, Canada.

Social Media

LinkedIn Changed Its Algorithms — Here's How Your Posts Will Get More Attention Now

To maximize your reach, it's time to share "knowledge and advice."

Business News

'Presumed Human Remains' Are Recovered from Titanic Sub Wreckage

The Coast Guard is analyzing debris and evidence found at the site of the imploded TITAN submersible.