Definition of Entrepreneur
Full-Time Entrepreneurs are defined as those individuals who either report over 50 percent of their total income as self employment income or who classify themselves as self employed in either an incorporated or an unincorporated business.
Part-Time Entrepreneurs are defined as those individuals who report between 20 and 50 percent of their total income as self employment income. Since many full-time business owners begin with a part-time business, the goal of the part-time self employment classification is to identify industries and occupations within regions that have the potential for significant business ownership and self employment income.
