Eric Siu breaks down three types of entrepreneurs: parallel entrepreneurs who start multiple things at once, serial entrepreneurs who focus on one venture before moving to the next, and repeat entrepreneurs who build, sell, then start something similar. He uses his ad agency Single Grain to show how repeat entrepreneurs work.
I'm gonna reveal the 3 types of entrepreneurs. So the first one is known as the parallel entrepreneur. This is someone that likes to start multiple things at the same time. The next type of entrepreneur is the serial entrepreneur. They like to start a lot of different things, but the only difference is that when they start different things, they start and they focus on one, and then they focus on the next one. They don't start a bunch of things at the same time. Last but not least here is the repeat entrepreneur. My ad agency is called Single Grain. Let's say I decide that I'm gonna go at it for 10, 15 years or so. I'm gonna sell it for a good chunk. And then maybe after that period expires, I might just turn around again and just go start another agency business again.
