The differences between an entrepreneur and a manager | Lead a business
Sometimes both terms are mistakenly used like being the same, but they are not. However, both entrepreneurs and managers are needed to develop a business.
Here I want to highlight some fundamental differences between an entrepreneur and a manager and their relevance to the entrepreneurial process of a business.
The behavior
The entrepreneurial style is very demanding, leaving a little room for errors. The entrepreneur wants to control his own life, while a manager comes to help when the entrepreneur needs it. The manager likes authority and develops everything based on the laws of the country.
Business development
The entrepreneurs are renowned for their ability to react quickly and efficiently to new business opportunities. This feature is essential for a new business.
The professional manager is distinguished by strategic planning in the medium and long term, leading to a controlled growth of the company.
Decisions
The entrepreneur usually takes decisions alone, even those critical to his business, based on his own insights.
The manager usually takes decisions after collecting detailed information from experts, inside or outside of the company.
Attitude towards money.
Although some people say entrepreneurs are led by the desire for money and power, I think that entrepreneurs are led by a desire for success rather than power.
The manager of a business defines his goals only in financial terms, acting objectively.
In conclusion, there is a clear difference between an entrepreneur and a manager. Although I am studying management, I think I have that entrepreneur spirit, and I am trying to combine both of them, to act as a true professional manager running his own business.
Photos of the day
Today's Facebook posts related to Steemit
It’s not about ideas. It’s about making ideas happen and Entrepreneur surely make it happen
That was a really great post to read thanks for sharing your ideas had a great time reading it :)
Thank you!
"I think that entrepreneurs are led by a desire for success rather than power." That is a very precise notice. And rewards usually come after you being successful :) So they both work together very well :)
Thank you!
Seems like you are very good in management))) You chose the right profession!
Thank you!
To me, main difference between an entrepreneur and everyone else:
The entrepreneur keeps working on it without knowing if it's going to make any money.
Sounds crazy? Of course it. Sounds scary? Why yes. Sounds abnormal? It's by far from normal.
If you want non-crazy, non-scary, normal and super safe, then get a job.
You are right! I hate jobs
Haha hate it or not, it can help society and people.
In my opinion. this is a great management material for business people
@jwolf , I am happy with your writing.
Thank you!
wow i am very proud of you my friend @ jworf and i feel you really try to be the best, greetings from me for you and success always for your goals..i like you
Thank you!
Its really i need. This is important information. Now i undurstood whats different interpreneur amd manager meaning. Thanks for support me back to my blog @maulanailham
Thank you!
I think entrepreneur is owner of the business and manager is an employee.
Yes, something like that
Agreed, entrepreneurs and managers are two different entities, my question is this, can an entrepreneur be a manager due to circumstances or vice versa?.... Beautiful piece of work, nicely written....
Yes, I think they can!
Thank you!
Very grateful to tell the business. You have given us good information.
Thank you!