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In this paper, we integrate various determinants influencing the entrepreneurial decision in a theoretical model. As a result of a variety of specific factors, certain entrepreneurial individuals tend to start, build and manage businesses in a manner that reflects their particular personality traits, human capital resources and prior experience gained within a particular local environment. According to a wide range of attributes, different entrepreneurs follow different motives to become self-employed. Four major drivers can be distinguished on the basis of a range of empirical studies: i) self-realisation and independency, ii) enhanced status and income; iii) economic contribution and impact, iv) upholding tradition and securing income. Based on these motives, we employ the model and sketch out four types of entrepreneur profiles. Finally, the factors determining entrepreneurial motives and the entrepreneurial type clearly indicate a strong influence on the type of the business started.