Course Content
Intrapreneurship
Intrapreneurship: Concept and Process
0/2
Innovations in Business
Innovations in Business: Types of Innovations, Creating and Identifying Opportunities, Screening of Business Ideas
0/3
Business Plan and Feasibility Analysis
Business Plan and Feasibility Analysis: Concept and Process of Technical, Market, and Financial Analysis
0/3
Role of Government in Promoting SSI
Role of Government in Promoting SSI
0/3
Sickness in Small Industries
Sickness in Small Industries: Reasons and Rehabilitation
0/1
Institutional Finance to Small Industries
Institutional Finance to Small Industries: Financial Institutions, Commercial Banks, Cooperative Banks, Micro Finance.
0/6
Unit X: Entrepreneurship Development

There is no universally cited author or exact year this classification was introduced, but it is widely used in entrepreneurship development programs, management training, and soft skill assessments — particularly in India and some Commonwealth countries.

🔹 What It Represents:

This classification is based on two core dimensions:

  • Ability to Do – Refers to the entrepreneur’s skills, knowledge, and competence.

  • Will to Do – Refers to the entrepreneur’s motivation, drive, and willingness to take initiative.

These two axes form a 2×2 matrix, resulting in four types of entrepreneurs:

  Will to Do: High Will to Do: Low
Ability: High Star / Ideal May Run
Ability: Low Passenger Deadwood
 

a. Passenger → iv. No ability to do and will to do

  • Explanation: The “Passenger” is someone who wants to do something (will) but lacks the skills or ability to take effective action.

  • They are motivated but often need training, mentoring, or support.

  • They tend to go along for the ride but don’t lead.

  • Example: A person passionate about starting a business but lacking basic business knowledge.


b. Star / Ideal → iii. Ability to do and will to do

  • Explanation: The “Star” or “Ideal” entrepreneur is the model entrepreneur.

  • They have the ability (skills, knowledge, innovation, leadership) and the motivation to act and succeed.

  • These are the top performers and often lead successful ventures.

  • Example: A skilled and passionate entrepreneur who builds a scalable startup.


c. Deadwood → ii. No ability to do and no will to do

  • Explanation: “Deadwood” refers to individuals who are neither capable nor motivated.

  • They may be in the system (perhaps due to inheritance or formality) but contribute nothing.

  • They are unproductive and stagnant.

  • Example: An uninterested family member running a business poorly without any desire to improve.


d. May run → i. Ability to do and no will to do

  • Explanation: “May run” entrepreneurs have the potential (skills and knowledge), but lack the motivation to take action or drive the business.

  • They may succeed if pushed or if external factors change their motivation.

  • Often found in people who have technical skills but aren’t interested in taking initiative.

  • Example: A trained engineer with entrepreneurial potential but no drive to launch a venture.