An entrepreneur focuses on creating innovative businesses and products to set new trends in the market, taking on high risks but also having the potential for high rewards. In contrast, a businessman focuses more on using existing ideas and conventional methods to make a profit and compete in current markets, with lower risks but also lower potential to be a market leader. Overall, the document argues that it is better to be an entrepreneur who introduces unique concepts rather than just a businessman, as entrepreneurship allows one to develop critical thinking skills and capture curious customers through original ideas.
An entrepreneur focuses on creating innovative businesses and products to set new trends in the market, taking on high risks but also having the potential for high rewards. In contrast, a businessman focuses more on using existing ideas and conventional methods to make a profit and compete in current markets, with lower risks but also lower potential to be a market leader. Overall, the document argues that it is better to be an entrepreneur who introduces unique concepts rather than just a businessman, as entrepreneurship allows one to develop critical thinking skills and capture curious customers through original ideas.
An entrepreneur focuses on creating innovative businesses and products to set new trends in the market, taking on high risks but also having the potential for high rewards. In contrast, a businessman focuses more on using existing ideas and conventional methods to make a profit and compete in current markets, with lower risks but also lower potential to be a market leader. Overall, the document argues that it is better to be an entrepreneur who introduces unique concepts rather than just a businessman, as entrepreneurship allows one to develop critical thinking skills and capture curious customers through original ideas.
An Entrepreneur does not only A Businessman focuses more on making
focus on creating a business just for a profit and rise at the top of the business profit but he/she also takes new ladder. These people try to use current or opportunities that enables the business old ideas and produce it on their own in to prosper. Entrepreneurs generate order to acquire profit. They try to develop Definition innovations of the current businesses in these products with the vision of selling it the market in order to set a new trend and gain the profit they need. Businessmen and produce unique products and tend to start businesses if it profits or services compared to the usual ones benefits them regardless of its origin or offered in the market. uniqueness.
Market Position Market Leader Market Player
Risk Factor High Low Methods applied for doing Unconventional Conventional Competition Low High \ Conclusion:
In conclusion, it is better to be an entrepreneur instead of a businessman since it develops an
individual’s critical thinking skills and originality of ideas. Introducing a unique concept that is peculiar and setting a trend will help boost up the business since it can capture the attention of patrons that are curious and delighted of the concept. Entrepreneurs may have high risks in developing a new business concept, but being the first to present a unique taste that is different from the usual ones make more impacts on the consumers of products and services. However, the real challenge of entrepreneurs are the consistency of products and services which can be achieved if an individual will work efficiently to create a genuine business of prosperity. Opportunities are always accompanied by risks, but it is always better to take a risk and grab the opportunity rather than following the trend yet asking for prosperity. Be an entrepreneur.