ED- Types of Entrepreneur: Innovative, Imitative, Fabian & Drone

Types of Entrepreneurs: Innovative, Imitative, Fabian & Drone with Examples
Example: Elon Musk
Tesla: Revolutionized the electric vehicle market by making electric cars appealing to the mass market.
SpaceX: Pioneered private space travel and reusable rockets, drastically reducing the cost of spa...

Types of Entrepreneurs: Innovative, Imitative, Fabian & Drone with Examples
Example: Elon Musk
Tesla: Revolutionized the electric vehicle market by making electric cars appealing to the mass market.
SpaceX: Pioneered private space travel and reusable rockets, drastically reducing the cost of space missions.
Example: Sam Walton of Walmart: Though not the first to open a discount store, Sam Walton improved the business model with a focus on rural areas, superior logistics, and supply chain management. His ability to imitate and enhance existing retail strategies led to Walmart becoming a global retail giant.
Example: Arvind Krishna of IBM
Personal Computers: IBM was initially slow to enter the personal computer market. They waited until the market was well-established by companies like Apple before launching the IBM PC. Despite being late entrant, it eventually succeeded by leveraging their strong brand and existing business relationships.Example: James V. Continenza of Kodak
Digital Photography: Kodak was a pioneer in the early development of digital photography technology.