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    Difference Between Business and Entrepreneur

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    Reymundo Peniala
    An entrepreneur creates a new business idea and leads the market, taking on high risks. A businessman runs an existing business, follows established methods, and aims to profit within the current market. While their goals may converge over time, entrepreneurs introduce innovations, while businessmen operate established ventures.

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    Difference Between Business and Entrepreneur

    Uploaded by

    Reymundo Peniala
    401 views8 pages
    An entrepreneur creates a new business idea and leads the market, taking on high risks. A businessman runs an existing business, follows established methods, and aims to profit within the current market. While their goals may converge over time, entrepreneurs introduce innovations, while businessmen operate established ventures.

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    difference between business and entrepreneur

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    An entrepreneur creates a new business idea and leads the market, taking on high risks. A businessman runs an existing business, follows established methods, and aims to profit within the current market. While their goals may converge over time, entrepreneurs introduce innovations, while businessmen operate established ventures.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    401 views8 pages

    Difference Between Business and Entrepreneur

    Uploaded by

    Reymundo Peniala
    An entrepreneur creates a new business idea and leads the market, taking on high risks. A businessman runs an existing business, follows established methods, and aims to profit within the current market. While their goals may converge over time, entrepreneurs introduce innovations, while businessmen operate established ventures.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 8

    Difference

    Between
    Businessman and
    Entrepreneur
    A businessman walks on the defined
    path, but an entrepreneur believes in
    making his own path, which becomes a
    guideline for other businessmen. Most
    of the people have a misconception
    that the terms businessman and
    entrepreneur, carry the same meaning,
    due to which they use them
    interchangeably.
    A businessman is a person who runs the
    business, undertaking an unoriginal business
    idea.  On the contrary, an entrepreneur is
    someone who first initiates a product or business
    idea and thus the leader of that in the market
    In the long run, an entrepreneur becomes a
    businessman, but there is a difference. Even the
    terms will sound same for a layman, but there is
    a fine line amidst the two, in the sense that an
    entrepreneur is always a market leader whereas a
    businessman is a market player. In this article,
    we will help you learn the difference between
    businessman and entrepreneur.
    Comparison Chart
    BASIS FOR
    BUSINESSMAN ENTREPRENEUR
    COMPARISON
    Meaning A businessman is An entrepreneur is a person who starts an enterprise with a
    someone who sets new idea or concept, undertaking commercial activities.
    up a business with
    an existing idea
    offering products
    and services to the
    customers.

    Market Position Market Player Market Leader


    Nature Calculative Intuitive
    Market Creates place in Creates new market
    existing markets
    Risk factor Less Comparatively high
    Methods applied Conventional Unconventional
    for doing things
    Approach Holistic Atomistic
    Orientation Profit People
    Competition Very high Low
    Definition of Businessman

     A person who is engaged in carrying out any


    activity, related to commercial and industrial
    purposes is known as Businessman.
     The main objective of a businessman for
    conducting the economic activities is to
    generate revenue by employing the human,
    financial and intellectual resources. By
    virtue of this, customers are treated as the king
    of business by the businessman.
    Definition of Entrepreneur

     An entrepreneur is a person who conceives a


    unique idea or concept to start an enterprise
    and brings it into reality. He is the person
    who bears risks and uncertainties of the
    business
    Some real life examples of such
    entrepreneurs are:
     Bill Gates (founder of Microsoft)
     Mark Zuckerberg (co-founder of Facebook)
     Larry Page (co-founder of Google)
     Steve Jobs (co-founder of Apple) 

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