I never knew there is a difference between these two. I always say “I am a businesswoman sometimes I say I am an entrepreneur” you see, using the words interchangeably because to me they mean the same thing. Guess what? I was wrong.
The reason why I am writing about this is because I find it very important to understand who you are.
Classifying yourself as a businessman while you are an entrepreneur can distract your focus.
Let us look at the difference between the two then we can decide which side you fall, and I will also tell you which side I fall.
|Invent and start their own products
|Enters into existing business|
|Interested in changing the world, pursue their dream and passion
|Doing business for profit and becoming own boss|
|Take the crazy risk, their interest is achieving their passion, they don’t care whether they lose the money or not.
|Takes calculated risks and manage risk|
|A peer and a leader
|An employer and a manager|
|Competes with themselves and works hard to beat the competitor. “themselves”||Works hard to beat the competitor and wins|
|Do not care about losing money, as they can always start from scratch
|Worry much about losing money|
|Takes times to achieve the goals. Everything is about achieving the goal.
|Does not waste time, meets deadlines and is always fast and on the go|
|Sees the word as an opportunity to make a living.||Sees the world as a duty.|
There is the list. To tell the truth I can relate to both. I have to do research to find out if it is possible to be both.
I believe in the long run an entrepreneur becomes a businessman, but there is a difference, an entrepreneur is a market leader while a businessman is a market player