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Basis for Comparison Entrepreneur Businessman

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
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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.

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