What is the difference between entrepreneur and managers?
The difference between entrepreneurs and managers may not seem very large, but they are. A successful manager may make a terrible entrepreneur, and a great business owner may not be a great manger.
One of the major differences is in the level of responsibility that each has. No one will argue that a manager does not have a lot of responsibility. They are generally in control of a group of people, and most often they have deadlines and quotas that need to be met.
An entrepreneur may or may not be in control of employees depending on the nature of the business. Even without employees to watch over, an entrepreneur has a great deal of responsibility.
A manager is concerned about the level of production only as far as his/her job security is concerned. However, even if his quotas are not met, a manager still gets his weekly paycheck. An entrepreneur on the other hood is completely responsible for his livelihood. If he does not perform he does not earn any money.
This is why it takes more courage to take the entrepreneurial path. With no guarantee of success and therefore no guarantee of profit or income, the entrepreneur is often taking a chance, a chance that many people do not have the courage to take.