The Four Types of Entrepreneurship

In this post, Steve Blank talks about “The Four Types of Entrepreneurship”  Who is an entrepreneur really? It turns out that there are four distinct types of entrepreneurial organizations; small businesses, scalable startups, large companies and social entrepreneurs. They all engage in entrepreneurship. Yet entrepreneurs in one class think that the others aren’t the “real” entrepreneurs. His post looks at the differences and similarities and explains why there’s such confusion.

Read his post here.


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Innovation Factory is a business accelerator, dedicated to helping Ontario-based businesses launch, scale, and succeed. We provide start-ups, and scaling companies with advisory services, training, mentorship, and strategic connections to help bring disruptive technologies to market, leverage intellectual property, increase revenues, attract investment and create jobs.

Serving as the catalyst for tech innovation in the greater Hamilton area since 2011 we are driven to help:

  • Entrepreneurs bring new ideas to life and to market
  • Small/Medium Enterprises (SMEs) get to the next level
  • Hamilton build a dynamic culture and a community of innovation

Innovation can happen anywhere. Our goal is to make it work everywhere. We work to elevate key industry sectors including, advanced manufacturing, clean tech, information technology, integrated mobility, life sciences & health care and social innovations.

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