4 Types of Entrepreneurs and THEIR DARK SIDES

There are 4 types of entrepreneurs, and it's important to know which one you are because each comes with it's own set of down falls and traps. Watch the video, and see which one you are? Leave a comment below once you figure it out, and remember it can be a combination of a few, too.

Big thanks to Ryan Levesque from for coming onto the show. This video is actually a sneak peek from our upcoming audio podcast interview going live on the Smart Passive Income Podcast later this year. This was so good, I wanted to pull it out and put it into it's own video for you here.

0:48 – Type 1 – The Mission-Based Entrepreneur
1:40 – Type 2 – The Passion-Driven Entrepreneur
3:11 – Type 3 – The Opportunity-Based Entrepreneur
3:50 – Type 4 – The Undecided Entrepreneur

Dark sides / traps at: 4:58

Choose, by Ryan Levesque (affiliate link):

Again, let me know which type of entrepreneur you are, and if you've fallen into any of these traps Ryan spoke about.

Also, if you've like to catch the full interview, as well as other great business interviews I've conducted, check out the Smart Passive Income Podcast here:

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Want to learn more about the smart way to make money online and start a successful online passive income business (without ripping people off or being dishonest)? Then make sure to visit the Smart Passive Income getting started page below:

20 Comments

  1. Janis Ozolins on January 10, 2020 at 9:19 pm

    Thanks. This was really good and when explaining the weaknesses it’s clear where I fall into. Undeceive.

  2. Florian Ulrich on January 10, 2020 at 9:19 pm

    I think the most important point of business is to see whether there is demand, and then go after it. Maybe with a practice business. Over time, everyone will probably fall into the mission/passion/opportunity base.

  3. Ioan Brinzas on January 10, 2020 at 9:20 pm

    Undecided – amassing knowledge, but not putting it into practice. How does one find a “practice business”?

  4. Depeint Studio on January 10, 2020 at 9:22 pm

    What if I have a mission to do something great which I am passionate about and i can see the opportunity but i still struggle to decide on what my actual business is about?!

    • Margaret McLaren on January 10, 2020 at 9:27 pm

      I found it hard to choose one, too.

  5. TheLadyWrites on January 10, 2020 at 9:24 pm

    I’m passion based and I’ve hit the now what phase but moving forward anyway. I love what I do. I love what it has allowed me to do. I’m truly blessed. πŸ™‚ Time to grow πŸ™‚

  6. Dad Dare on January 10, 2020 at 9:26 pm

    Pat, I’m friends with Kevin Fremon, love this video! I think I’m number 4 and still figuring it all out! Thanks for all the value you are sharing.

    • Pat Flynn on January 10, 2020 at 10:35 pm

      Awesome! Kevin is the best πŸ™‚ Keep practicing!

  7. Pat Flynn on January 10, 2020 at 9:29 pm

    Thanks for watching this video – been working hard to crank out USEFUL content that inspires, but also teaches. Thanks for the kind words everyone! Let me know what kind of entrepreneur you are in the comment section below. Maybe you’re a mix, or maybe you’re unsure (i.e. #4, hehe). Love yall, and thanks for being here! Team Flynn for the win!

    • Drew Menck on January 10, 2020 at 10:03 pm

      Pat Flynn I’m a solid 2.5 right between passion and opertunity, #teamFlynn

  8. Everything 80's Podcast on January 10, 2020 at 10:04 pm

    I think I’m passion with a twist of undecided. This is a great video and a great evolution in helpful content.

  9. Dustin Miller - PolyInnovator on January 10, 2020 at 10:24 pm

    I felt inclined towards all of them, but I feel that I an undecided

  10. suzanne bernard on January 10, 2020 at 10:37 pm

    Pat, you asked your students for feedback: this is GREAT! I can see that you put a lot of thought and work into this. Bravo.

    • Pat Flynn on January 10, 2020 at 10:39 pm

      Thank you Suzanne! And you’re quick!

  11. Jeff Christianson on January 10, 2020 at 10:45 pm

    Mission-Based Entrepreneur

  12. Georgia Gould on January 10, 2020 at 11:05 pm

    This video is great. Im in the 4th category. Undecided! Analysis paralysis is Real!!! Lol

  13. Essentially Handmade on January 10, 2020 at 11:19 pm

    I have a project based business now, but I’m pretty sure my hubby and I are in the undecided category.

  14. Gee Nonterah - Create & Prosper on January 10, 2020 at 11:36 pm

    I’m definitely a number 4 type of entrepreneur although I see traits of 1 inside of me which would explain my past inability to charge people for my services.

  15. Joey Pontarelli on January 11, 2020 at 2:18 am

    Thanks for the video, Pat! I’m definitely mission based most, then opportunity based next. Neat framework! Excited to hear the podcast.

  16. Carmen Sanchez on January 11, 2020 at 2:18 pm

    Wow! Thanks for this video cause I honestly know that I’m a Type 4 Entrepreneur.

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