What Are The Differences Between An Entreprenuer & A Manager?
About Ken Longbridge
Ken Longbridge is staff write at EntrepreneurIdeasClub.com. He is also a blogger and admires trendscounts, because they are in the know most of the time.Subscribe
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A entrepuener risks time and money in exchange for potential success.
A manager, takes what is allocated to him by an entrepuener, to do the best he can, usually without personal financial risk.
Risk and reward usually run hand in hand, a manager can never earn as much as an entrepuener or the entrepuner would close the business because of no profit and the manager would be out of a job. A manager is set in a life of working for someone rahter than risking for himself.
The person above is correct when it comes to what an entrepreneur is. An entrepreneur is an innovative risk taker who usually starts his/her own business in the hope of profit and success. Usually, entrepreneurs can be managers as well and work for themselves. They may have from 1-5 employees at first but can extend to hundreds. Once an entrepreneur has reached the level of success he/she desires, he can turn his starting business into a corporation where he will hire managers.
Managers are individuals assigned to do a a certain task or job. They usually supervise others who also work on the same task. Managers always report to someone higher while entreprenuers do not.