Difference Between Entrepreneur & Businessman
People always get confused with my job title. I always tell them that I’m an Entrepreneur but still they ask what’s my business is? instead of whats my new invention or what’s my new preneur? Some people should clear their head and should understand the difference between An Entrepreneur and A Businessmen.
You might think that they both do the same job or perform a same thing. But I tell you there is a difference, which differentiate them as a person. Here are some points which make An Entrepreneur different than A Businessmen.
A Businessmen starts his/her business from existing idea. Those ideas might be successful somewhere. The businessman just need to add 1-2 points extra to make it more profitable in ‘Business’. So basically, businessman try to repeat the existing idea by reinventing it to make profits.
On the other hand, An Entrepreneur innovates an idea from scratch. He/She tend to solve a problem of majority of people by using their innovation. Entrepreneur’s goal is to solve the issue not to make quick profits.
- Risk Taking
A Businessman takes a risk. Against all odds he/she takes a risk. But the risk measurement is lower. Because most of the Businessmen thinks about the only one thing, which is ‘The Profit’, which all that matters at the end of the day. So, before taking any huge risks which most of the Businessmen don’t do it, they think about the bottom line, which is ‘Profit’.
Entrepreneur takes risk more than anybody else. He/She goes out of his/her way to deliver the innovation or to solve a critical problem. Taking a huge risk is a part of an Entrepreneurship, which is inevitable. If you are not taking huge risk then you are a Businessman my friend.
Most of the time Businessman thinks about his/her competition before launching any product or service. It’s their job to keep update of their rivals. By doing that they try to minimize the risk of failing.
An Entrepreneur don’t worries about his/her competition. His/her competition is with him/her self. They try to make product as awesome as possible.
Innovation distinguishes between a leader and a follower – Steve Jobs [1955 – 2011]
A true businessman always tell other people that not to worry about feelings, or not to do business on the base of any emotion. But unfortunately his/her self worries a lot about someone else’s emotions.
Entrepreneur are always stay excited about their innovation. They make sure that their innovation will make someone happy by making their life easy. Entrepreneurs don’t have that Rudeness which any Businessman could have.
- Society Role
A businessman remains a businessman at the end of the day. After all he/she is a market player who breaks the competition with rudeness without having any emotions in worrying of his/her competition.
On the other hand Entrepreneur is a game changer. Either he/she changes the world or not.
Making an Innovation or thinking different makes you an Entrepreneur. Worrying about money, profits or deadline only makes a Businessman. So guys think wisely and decide whether you are an Entrepreneur or A Businessman.