Friday, June 14, 2024

Are you an Entrepreneur or a Business Owner?

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 as a result of how they are used interchangeably.

How then can you identify which group you belong to?

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.

The intention of doing — Most businessmen are doing business for profit, livelihood, for reaching wealth and for becoming their own boss. Entrepreneurs are more concerned on changing the world. They want to pursue their passion and achieve an ultimate goal. They are not keen on financial returns, rather they are focused on what they can offer to the world. Their purpose for entrepreneurship is simply to make a difference in this world.

How they treat their employees –Entrepreneurs treat their employees like team mates and as people who have a right mind for mind-blowing ideas to uplift the companies meanwhile, a businessperson treats her employees as workers; to do whatever idea she wants and thinks would work for the company.

Its not bad to be either. It’s just good to differentiate who exactly you are for the easy run of the business structure.

Abayomi Adeola (Della)

Abayomi Adeola Della is a Law Student in Obafemi Awolowo University. Author of two books, Entrepreneur, Business strategist/analyst, Leader and Blogger. She's passionate about business building and economic growth. Her best food is beans.

Leave a Reply

Your email address will not be published. Required fields are marked *