Entrepreneur vs Business Man
Have you ever think of being an entrepreneur? or your are just being a business man? How do you differentiate that? I do ask myself that? Hence I have a quick search through the Google and the following is the summarization of the little research I did.
Entrepreneur
- Initiates, Innovates and converts an Idea into a tangible product/trends
- Creating a product/business model/services/trend from nothing, zero, or something that does not exists.
- Higher Risk of failure. The entrepreneur will not know if their new idea or a new concept is acceptable by the market.
- earn little from the start, multiplies by millions.
- looking for a Long term goal and profits
- Utilises Business man to expand and distribute and grow their licensed product.
- Live at a greater cause.
- Entrepreneur possess the characteristic of business man and Innovators.
Business Man
- Follow trends and utilized a product that was created by the entrepreneurs to meet their short-term goals
- Do not create products/trend/services.
- Lower risk of failure as in the idea and product has been recognized by the market.
- Focusing on Short-term profit. Earns direct cash and money by selling the product of an entrepreneur.
So…What you are? Entrepreneur or Business Man ?
Reference Links:
- http://entrepreneur2007.pbwiki.com/Entrepreneur%20vs%20Businessman
- http://www.millionaireacts.com/473/businessman-vs-entrepreneur.html
- http://globalwealth.wordpress.com/2008/08/28/entrepreneur-vs-businessman-pros-and-cons/
April 20, 2009 | Filed Under Uncategorized | 4 Comments