An entrepreneur is a risk taker and finds business ideas, studies the market, identifies a consumer needs etc. Whereas a business man build up their business using a diverse skill set. A business owner starts his business from an existing idea but an entrepreneur starts his business his own ideas or concept.
Businessman known for making revenues whereas entrepreneur focused on creating value. A business owner work as a market player and entrepreneur as a market leader. An entrepreneur job also requires being able to allocate resources to set up operations.
A businessman stays with the more traditional way to doing business whereas an entrepreneur is innovative and revolutionary. Businessman hires people to increase business productivity.
Entrepreneur specializes in starting companies and selling them once they have become profitable. An expert manager can assist a small business in growing and becoming more efficient.
To simplify, the main focus for Business men is:
Businessman known for making revenues whereas entrepreneur focused on creating value. A business owner work as a market player and entrepreneur as a market leader. An entrepreneur job also requires being able to allocate resources to set up operations.
A businessman stays with the more traditional way to doing business whereas an entrepreneur is innovative and revolutionary. Businessman hires people to increase business productivity.
Entrepreneur specializes in starting companies and selling them once they have become profitable. An expert manager can assist a small business in growing and becoming more efficient.
To simplify, the main focus for Business men is:
- Administration of business
- Search for truth, Short-term
- Logical, Linear, Utility, Incremental
- Features
- Facts, Verbal, Measure
- Minimal Risks, Predictable, Smaller Rewards
- Invention of business
- Search for what is interesting, Intuitive, Long-term
- Holistic, Significance & Meaning, Leap forward
- Benefit
- Emotion, Visual thinking
- Risk, Uncertainty, Potentially High Rewards
