Entrepreneurship refers to a skill the resultant of a mix of many qualities, traits and competencies. The application on skill, traits and competency by an entrepreneur is called as entrepreneurial growth. So on the basis of growth, entrepreneurs are broadly classified as:
1. Growth entrepreneur:
Growth entrepreneurs select an industry which has sustained growth prospects in the future. The element of growth and expansion in always there in their enterprise.
2. Super-growth entrepreneur:
Super-growth entrepreneurs are those who have shown enormous growth of performance in their venture. The growth performance is identified by the liquidity of funds, profitability and gearing.