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Difference Between a Manager and an Entrepreneur

Entrepreneurs and managers play distinct roles within the business ecosystem, each contributing uniquely to the organization's success.

Entrepreneur: The Initiator and Leader

An entrepreneur acts as a one-man show in entrepreneurship, turning business ideas into reality and starting ventures. They are at the forefront of bringing innovative ideas to fruition, demonstrating creativity, leadership, and a strong drive to succeed.

Manager: The Administrator

A manager is not the owner of the enterprise but plays a critical role in its management and administration. They are responsible for overseeing a group of people or a department within the organization.

Difference between an Entrepreneur and a Manager

AspectEntrepreneurManager
Role in CompanyVisionary who converts ideas into business; ownerEmployee; responsible for daily operations
RiskBears financial and other risksDoes not bear financial risks
FocusStarting and expanding the businessSmooth functioning of the business daily
MotivationAchievementsPower associated with position
RewardProfits from the enterpriseSalary
ApproachCan be informal and casualFormal approach to problems
Attitude to RiskRisk-taker; takes calculated risks to drive growthRisk-averse; maintains status quo