Source: Dumb Little Man
“I am an entrepreneur, but I am also a businessman. I can’t be both. There must be some difference between entrepreneur and business owner. Oh, God! Can anyone help me with this?”
If this is the thought going through your mind right now, then you are on the right page at the moment.
Many find themselves in this difficult situation when they start a business of their own. I will try to clear all your doubts and help you decide what you are through my points.So, read this post till the end to entirely comprehend the difference between entrepreneur and business owner.
Originality of idea
An entrepreneur always starts with a fresh and out-of-the-box idea. He wouldn’t even start if the idea has already been taken.
A businessman may or may not have one’s own idea. He only thinks of money and profits which is why it won’t really matter to him if the idea is already out there.
Since entrepreneurs usually have less to invest, they have to emphasize a lot on finding the most innovative ideas, unlike regular business.
The decision of taking risks
When it comes to risk-taking, an entrepreneur doesn’t usually hesitate in taking any risk as there isn’t much choice.
This, however, might not be the case with businessmen. A businessman would usually think hundreds of times before getting to any decision.
Businessmen take well-calculated risks. One may not take the risk if losing money has been predicted. In entrepreneurship, it’s always a 50-50 chance.
A boss vs a leader
For an entrepreneur, his co-workers are his business partners.
He would even take part in the active processes of his organization to lead his team. This eventually motivates his co-workers and improves their productivity to a massive extent. It also serves as a way for an entrepreneur to consistently keep up with…The post How Is an Entrepreneur Different From a Businessman? appeared first on FeedBox.