Entrepreneur v/s Businessman

There are many differences such as objectives, market share, risks, business ideas, decision-making systems, competitive levels and business implementation methods.

Characteristics and purpose The first difference is nature and purpose. One of the main differences between entrepreneurs and businessman is their characteristics and objectives. Entrepreneurs do everything for their innovation to succeed. A contractor focused more on skills, namely the use of human resources in the main objective of introducing new lanes to succeed. Contractors can maximize the use of their human resources with the HRM system, which allows them to automate attendance, leave, payroll and other administrative tasks.

While the businessman give priority to commercial and cost-effective things that's why he is more cautions for taking a new strategy in his business and only followed the ideas that already exist. Because the main goal of a businessman is to convey commercial and profitable things.

Range range An entrepreneur has a higher risk range because it is more daring in reflection (out of the box), then introduce new ideas. If the idea fails, everything will be vain. But on the other hand, if the idea succeeds, they can lead the market because they do not have competitors.

Unlike a businessman who has fewer business risks, even minimal because he has always considered things as a calculated and cautious reflection. The businessman is more concerned about opportunities that will offer advantages. But the disadvantage because it follows the existing path, then they have several competitors.

Attitude with employees and customers The attitude of an entrepreneur is different from that of a businessman, who has a warm personality and who always meets his employees with patience. Indeed, a contractor loves people who have the goal and responsibility to benefit their clients through innovation.

Unlike a businessman who has an authoritarian trait, who loves to govern and work as an employer. In addition, he also tended to hire people who are experts in his field because he is looking for profits and the growth of his business.

Workplace As you know, an entrepreneur usually has a friendly nature for his workplace to be unlimited because he wants his idea to succeed. He did not have a problem sharing his workplace with a colleague. And open instead of change as needed.

A businessman is different. He works in vast areas to separate the services or offices of his colleagues and promote teamwork relationships between his employees. The goal is to ensure that its business had a good reputation and get more profit by having a fixed location. But there is one thing that is common for entrepreneurs and businessmen, it always facilitates a productive workplace for their employees.

Skill As an entrepreneur who has an encaustic nature, they are always ready to take risks, and if they fail to overcome them and find appropriate solutions. In the case of the businessman further exploiting his experience and creating certain strategies planned to overcome losses. But when things go as not as planned they take more time to overcome it.

Adaptation On the entrepreneur side, the world is constantly evolving because new ideas, tools and machines continue to emerge in the business world. By having a revolutionary nature and being able to accept the latest developments and to face daily changes, an entrepreneur can easily adapt. But a businessman generally follows traditional methods, so it is confronted with many obstacles and difficulties in adapting new techniques for development.

Goal As already explained, in terms of objectives, a contractor tends to be more concerned about the changes around. The goal is to continue the passion and the final goal can offer pleasure and satisfaction of itself. In addition, entrepreneurs are not particularly interested in financial benefit.