Creative Entrepreneur: Importance, Types, Examples, and Characteristics

Introduction to Creative Entrepreneur

Creative entrepreneur refers to the willingness and ability of an individual to transform an idea into investment opportunities in an environment and be able to establish and run an enterprise successfully.

Similarly, creative entrepreneurs are individuals who generate, incubate, and illustrate ideals, and vision, and drive such vision into a successful venture or enterprise.

Successful entrepreneurs in whatever field require creative skills to be able to incubate an idea and turn such creative ideas into a successful business and the willingness to take risks associated with ideals.

Having a vision and drive for a particular innovation is a good idea but the ability to turn such an incubated idea into a successful enterprise is very essential.

Creativity is not always an inborn trait as many people believe that it is, every individual possesses a certain level of creative trait, however tapping into such potential and using it productively is what is termed creativity.

Creative entrepreneurship is not only the willingness to transform an idea into investment opportunities and run an enterprise successfully but also the willingness to take risks.

A creative business individual should be able to bear risk since failure is not part of a successful business even when the business feature is not guaranteed.

Many incubated business ideas, visions, and drives do not prosper because the people who birth such visions are not capable of undertaking or bearing the risk involved as well as making the vision or the drive a reality.

Creative entrepreneurship involves critical thinking about the envisioned business ideal or vision ideal, how to generate resources to sponsor the business, and how to incubate the business ideal.

Characteristics Creativity Entrepreneurs

The assembling of ideas to give a meaningful product is very necessary for the success of an organization. Without a meaningful idea in an organization profits and progress will be hindered.

Some of the characteristics of a creative entrepreneur as cited by( Egbule, P. )are:

they are very quiet, possess a calm disposition, and are very energetic.
They are generally very smart
Creative individuals are very playful, disciplined, and responsible at the same time.
They exhibit pride and humility trait at the same time.
They have opposite tendencies on the continuum between extroversions and introversion
They are always independent and want to be left alone.
They are always passionate about their work
They are open and sensitive, and this enables them to appreciate both the pain and enjoyment associated with their work.

Examples of Creative Entrepreneurs

An entrepreneur cannot be successful without possessing a creative ability. It is an essential principle of entrepreneurship that is needed in all businesses in the ecosystem and a drive that inspires entrepreneurship.

Creativity requires higher forms of analytical abilities or skills needed by an entrepreneur in logical thinking, problem-solving, coming up with unique ideas, and communication skills.

Creativity enables entrepreneurs to imagine ideas brilliantly and logically which will foster productivity and reduce unproductive business enterprises.

Some examples of creative entrepreneurs who have proven to creative and innovative in our environment by establishing businesses and running them successfully today are:

Elon Musk. Creative inventors of electronic payment firms such as PayPal Tesla, electric cars, and Rockets.
Mark Zuckerberg: the inventor behind Facebook and other social media.
Jeffrey, Bezos: founder of Amazon and e-commerce.
Richard, Branson: founder of astronaut Virgin Group
Larry Ellison: the man who invented Oracle and other technical software.
Thomas Edison: the founder of Electrical devices and other communication devices.
Bill Gates: founded Microsoft and other software
Steve Jobs: co-founded Apple, iPhone, and iPad
Other types of entrepreneurs are Shake Spears, Wole Soyinka, J.p Morgan, Andrew Carnegie, Horatotio Alges, Don Moen, and so on who operate in art graphics, music, and poetry that express great emotion, ideas, stories, and vision, etc,. (Imaginated.com)

Types of Creative Entrepreneurship

According to brilliantio.com, There are three types of creative entrepreneurs, they are functional creativity, expressive creativity, and social creativity.

Functional Creative Entrepreneur

These are individuals who develop innovative ideas that are required to solve problems. It involves a lot of logical and analytical thinking. Creative examples of Entrepreneur are found in the following areas:

Writers/ Poetry: these are individuals who through critical thinking express themselves through creative writing are earn a living through it e.g. novel and poetry writers, bloggers, script writers, etc.
Technologists: these are individuals who through critical thinking invented the technology that has become the source of living e.g. software developers, electronics inventors, etc.
Teachers/ lecturers: these are professional individuals who through critical thinking invented established institutions for earning impact knowledge they are proprietors/ properties, university owners, etc.
Doctors: these are professionals who through critical ability establish institutions for for treating and caring for sick people, they are hospital owners, clinic owners, etc.

Expressive Creative Entrepreneurs

These are people who are creative in expressing themselves by conveying feelings and ideas through expression they include

Artists: these are individuals who express their feelings, stories, and ideas by establishing ventures and managing them to become self-reliant. They include photographers, designers, artists, painters, and graphic designers.
Music: these are individuals who are creative in expressing themselves through music and earning a living through it. They are musicians, dancers, and instrumentalists.
Filmmakers: these are individuals whose professional are video editing and free movie production and they are earning a living through it, e.g., video editor, video producer, etc.

Social Creative Entrepreneurs

These are entrepreneurs who have developed the skills and knowledge to build relationships and create social bonds.

They have good interpersonal and psychological skills to help individuals in problem resolve such problems by finding answers to their problems with certain psychological tools.

They possess a great ability to feel the pain of their client and work modality to take them from their horrible situation. Those under the group of social entrepreneurs are

Guidance and counselors: these are individuals who through their creative abilities empathize with others and see the world from their perspective by helping them to recognize themselves.
Religious leaders: These individuals under religion build relationships and create social bonds with worshipers. e.g. pastors, imams, etc.

The Importance of Creative Entrepreneurs

Creativity entails brainstorming on ideals innovatively, uniquely, and successfully. It is therefore essential that the entrepreneur be creative to continue the business, the absence of creativity in the organization will lead to a reduction in productivity and a failed organization.

Creativity therefore encourages organizational members to invent innovative ideas that will expand an enterprise.

There are many important to be enjoyed once an entrepreneur is creative and some of these important are:

It Promotes Productivity

creative individuals in an environment or organization help to encourage productivity since challenges and obstacles that are hindering organizational growth are critically ruminated and solutions are provided to facilitate improvement in the organization.

Creative individuals in the environment or an organization produce a lot of fire on potential dormant therefore springing them into action in the environment or organization increasing the organizational productivity.

Creative individuals can re-engineer an organization process toward better performance and oriented business perception that will facilitate better products and marketing due to the reason of the innovative ideal introduced.

It Aids Organizational or industrial development

Creative individuals promote Organizational or industrial development because it creates avenues for people to open up to innovative ideas to spur business growth. It helps individuals to acquire relevant Skills and abilities needed to expand an organization.

Creativity helps to inculcate in an individual better skills to demonstrate potential that promotes customer relationships. Successful organizations or industries are those that are known for effective demonstration of innovation.

Creative abilities help entrepreneurs to analyze ideas that are most appropriate for organizational growth and productivity.

It Creates an Avenue for Resourcefulness.

Every organization is faced with many difficulties, and overcoming these difficulties requires clever strategies to overcome such challenges.

This problem can emanate from both internal and external sources which require good imaginative and innovative thinking to overcome such challenges for the success of the business.

Resourcefulness helps individuals to see a solution to every problem in an organization that would ordinarily pose great challenges to business growth and expansion.

Resourcefulness helps entrepreneurs make effective use of the time and resources available to invent innovative ideas.

Resourcefulness helps entrepreneurs see opportunities in areas where ordinary opportunities do not exist and the ability to manage resources effectively.

It is an Avenue for Employment Opportunity

Creativity entrepreneurs provide individuals with the necessary competencies and skills to invent products or objects to remain self-reliant.

It enables creative individuals to facilitate creative thinking and problem-solving and helps individuals develop the right innovation that will make such a person self-sufficient.

It provides enabled environments for a successful entrepreneur. It provides an enabling environment for successful entrepreneurs to thrive

Frequently Ask Questions.

A Creative entrepreneur is someone who knows how

A creative entrepreneur is someone how to present useful and novel ideas for the success of a business or an organization

what is a creative entrepreneur?

These are individuals who generate, incubate, and illustrate ideals, and vision and drive such vision into a successful venture or enterprise.

lists of creative entrepreneur

Elon Musk: Creative inventor of electronic payment firms known as PayPal Tesla, electric cars, and rockets.
Mark Zuckerberg: the inventor behind Facebook and other social media.
Jeffrey, Bezos: founder of Amazon and e-commerce.
Richard, Branson: founder of astronaut Virgin Group
Larry Ellison: the inventor of Oracle and other technical software.
Thomas Edison: inventor of Electrical devices and other communication devices.
Bill Gates: founded Microsoft and other software
Steve Jobs: co-founded Apple, iPhone, and iPad
Other creative individuals in this group are like Shake Spears, Wole Soyinka, J.p Morgan, Andrew Carnegie, Horatotio Alges, Don Moen, and so on who operate in art graphics, music, and poetry that express great emotion, ideas, stories, and vision, etc.

Why are entrepreneurs called creative?

Entrepreneurs are called creative because they see possibilities or opportunities in things that others have not noticed.

Creativities enable an individual to see connections and relationships in opportunities not tapped in an area and create a venture from such opportunities.

Who are the most creative entrepreneurs?

The most creative entrepreneurs are the technopreneurs (i.e., those who have invented one technology are the others ).

They are people like Thomas Edison the man credited invented the lightbulb, Elon Musk the inventor of electronic payment firms known as PayPal Tesla, electric cars, and rockets, Mark Zuckerberg the man behind Facebook and other social media, Jeffrey, Bezos founder of Amazon and e-commerce, Bill Gates founded Microsoft and other software and so on.

are entrepreneurs creative?

entrepreneurs are creative because every idea is a product of a thinking mind and most outstanding goods and products that satisfy human wants are from a creative mind.

In conclusion

Every product that satisfies human wants is from a creative mind, it is required in an entrepreneur to be creative to increase productivity or profit respectively.

This article covers the meaning, types, examples, and characteristics of entrepreneurs.