What are similarities between entrepreneurs and managers?

Answer 1

Businessman / Business

Entrepreneur / Entrepreneurship

Own an enterprise or venture

Own an enterprise or venture

Usually a profit oriented

Costumer oriented

Usually plays safe

Bold and ambitious

May be purchased, donated or inherited

Creates his own idea and realize it as a business

Generally traditional

An innovator

Works for the Company

The Company works for him

Usually don't have time for their families and love ones

Shares enough time with their families and love ones

Usually distressed and experiences sleepless nights

Always a happy and enthusiastic businessman

Generally hire people to contribute profit

Hire people to make their lives better

Commonly commit tax evasion to save taxes and increase profit

Practice tax avoidance to save taxes and increase profit

As a conclusion, a businessman is similar to an entrepreneur because an entrepreneur is a businessman. Entrepreneur is a businessman which is not traditional but is an innovative and creative type of a businessman. An entrepreneur differs a lot from a usual businessman. His entrepreneurship is created out of his own innovative idea and creation which is realized to be placed in business or to be transformed as a good business. Entrepreneurs are also more concerned on the quality of their products and on the satisfaction of their customers rather than being too much concerned to their profits.

Answer 2

They are both being involved in certain business but not literally together i mean in others. I mean that the entrepreneur has his/her own business but it is his/her own. he started it by himself. The businessman has his own business but he invests only , it is not his own business or company not like the entrepreneur it is his own company/ brand name of any thing.

Answer 3

1) Entrepreneur and manager have common goal

2)Both have decision making authority

3)both have enough knowledge of there business

4)both have knowledge of business enviroment

5)both have business managing ability

6)both have forcasting ability