Difference

Between
Businessman and
Entrepreneur
A businessman walks on the defined
path, but an entrepreneur believes in
making his own path, which becomes a
guideline for other businessmen. Most
of the people have a misconception
that the terms businessman and
entrepreneur, carry the same meaning,
due to which they use them
interchangeably.
A businessman is a person who runs the
business, undertaking an unoriginal business
idea.  On the contrary, an entrepreneur is
someone who first initiates a product or business
idea and thus the leader of that in the market
In the long run, an entrepreneur becomes a
businessman, but there is a difference. Even the
terms will sound same for a layman, but there is
a fine line amidst the two, in the sense that an
entrepreneur is always a market leader whereas a
businessman is a market player. In this article,
we will help you learn the difference between
businessman and entrepreneur.
 Comparison Chart
BASIS FOR
BUSINESSMAN ENTREPRENEUR
COMPARISON
Meaning A businessman is An entrepreneur is a person who starts an enterprise with a
someone who sets new idea or concept, undertaking commercial activities.
up a business with
an existing idea
offering products
and services to the
customers.

Market Position Market Player Market Leader

Nature Calculative Intuitive
Market Creates place in Creates new market
existing markets
Risk factor Less Comparatively high
Methods applied Conventional Unconventional
for doing things
Approach Holistic Atomistic
Orientation Profit People
Competition Very high Low
 Definition of Businessman

 A person who is engaged in carrying out any

activity, related to commercial and industrial
purposes is known as Businessman.
 The main objective of a businessman for
conducting the economic activities is to
generate revenue by employing the human,
financial and intellectual resources. By
virtue of this, customers are treated as the king
of business by the businessman.
 Definition of Entrepreneur

 An entrepreneur is a person who conceives a

unique idea or concept to start an enterprise
and brings it into reality. He is the person
who bears risks and uncertainties of the
business
 Some real life examples of such
entrepreneurs are:
 Bill Gates (founder of Microsoft)
 Mark Zuckerberg (co-founder of Facebook)
 Larry Page (co-founder of Google)
 Steve Jobs (co-founder of Apple)