Let’s find out if there is a Difference Between Entrepreneur And Business Owner. If you ask around your friends and acquaintances, most likely, most of them will answer you that an entrepreneur and a businessman are synonymous words that denote a person engaged in various activities aimed at deriving his own material benefit.
To start when talking about entrepreneurs and businessmen, at first sight they might seem like related concepts ; However, it is worth mentioning that they are not, since entrepreneurs are people who take advantage of an ideal or circumstance to create or promote a business; while business owner are people who are responsible for directing an already established business with a view to making an organization grow economically.It is also appropriate to affirm that although there are differences between both concepts, you will also find that they are closely related.
Similarities between entrepreneur and businessmen
The main similarity between entrepreneurs and businessmen is that both draw and establish strategies that will have as the main objective that the business or organization stand out in the market. They are also people who are passionate about the growth of the business or organization in which they are involved.
Also another important similarity is that the majority of entrepreneurs started as entrepreneurs and both figures are adapting to the change that their businesses require so that they can achieve the established success. Likewise, it should be noted that both the businessman and the entrepreneur work by setting objectives and goals; In other words, they propose operational strategies that will allow the business or organization to stand out.
Differences Between Entrepreneur And Business Owner
The most notable difference between the two figures is that the entrepreneur seeks to achieve profitability in less time without having to make risky investments; While the entrepreneur, although he also wants to obtain considerable income, moves more emotionally, that is, he seeks to satisfy his passion and love for his project or undertaking.
On the other hand, entrepreneurs seek to achieve a stability and safe organizational climate and although they take risks, they do so in a calculated way. In the same vein, entrepreneurs live a roller coaster of emotions , since they are happy to be carrying out a project, but they are constantly in a situation of uncertainty.
Another big difference is that entrepreneurs have a large number of collaborators who work around an organizational structure that helps the stability of the company. While entrepreneurs work with a small group of collaborators and there are even cases where the entrepreneur materializes his project alone .
In this same order of ideas, this will lead to the entrepreneur taking charge of practically all the areas and tasks that must be developed in his project; This is not the case with entrepreneurs, since from his managerial status he will delegate tasks and activities to his collaborators.
Finally, another of the most marked difference that you will get between entrepreneurs and businessmen is the way in which money is managed . Since the entrepreneurs will have a specialist in charge of managing the administration efficiently, preventing the company from contracting obligations that it will not be able to cover. While the entrepreneur will usually take care of all the financial matters of his business, often managing to have financial problems due to mismanagement .
Being an entrepreneur or businessman?
Many people will wonder which is better to be an entrepreneur or an entrepreneur and the truth is that all entrepreneurs must remain entrepreneurs and entrepreneurs must have the drive and dedication that leads them to become entrepreneurs. Since the surest way to transform an enterprise or project into a profitable and fruitful business is working with the professionalism that characterizes the entrepreneur.
Conclusion,Entrepreneur or Businessman?
So it should be noted that the first step to become a business person is to be an entrepreneur, because you will have the necessary passion that will lead you to consolidate your project. Subsequently, as you gain popularity and recognition, you must adopt the characteristics of an entrepreneur that can favor your business, such as including more collaborators and keeping financial control in the hands of an expert.
If you are a creative person, have a rich imagination and are able to constantly generate new ideas, you are more likely to become an entrepreneur. You cannot learn to be an entrepreneur. The vein of entrepreneurship is either given or not given at birth. But a businessman is just a profession, like many others. You can learn to be a businessman. Numerous educational institutions, special schools and courses teach this. The most famous business school is the MBA (Master of Business Administration) at Harvard University.
Well, a businessman is a broader concept. A businessman can be a manager of a large company, let’s say a corporation. Such a manager is definitely a businessman, not an entrepreneur. And of course, these two concepts have a certain shade of scale of their functions. Because again, a businessman is something bigger, and an entrepreneur is something small. Well, for example, a person created Facebook, or some other thing is an entrepreneur. A businessman is a person who simply works in the field of business. That’s where they are the same, so it is in the desire to get the highest possible income
