Now a days everybody need money because of modern life style and high cost of living. Many says the salary which they gain from their companies are not enough. So I hope that this article will help you to understand about entrepreneurship and learn how to use your valuable time, money, ideas in order to make extra amount.
Actually who is an Entrepreneur ?
Entrepreneur is an individual who rather than working as an employee, runs a small business taking all the risk in order to make a profit. Generally Entrepreneur is the business leader, innovator, producer of his own business venture.
Many people believe that the businessman and the Entrepreneur are the same, but there is a significant different. I will mention few as,
- Entrepreneurs are risk takers and does not afraid to take risk in order to gain a profit, but businessman is afraid to take risk.
- Businessman is doing business in more traditional way and dose not think in new ways, but Entrepreneur always comes with new ideas and fresh concepts.
- Businessman do business what others also do, but Entrepreneur will have the creativity and do new experiments in order to gain more profits.
Different between Manager and Entrepreneur,
- Entrepreneur is the owner of the business venture, but manager is just an employee.
- Entrepreneur gets the profit while manager gets monthly salary
- Entrepreneur is the person who sets goals for the company, manager is the person who responsible of ongoing operations and administration.