Businessman vs Entrepreneur : Glancing through glasses of Ethics

When we talk of businessmen and entrepreneurs, we’re talking about two people who sell services or products to make a profit. However, this is what we believe to be true. There is a fine line that differentiates both from each other. It is easy to blur that line and often look at them in the same light, but that would not be entirely true.In this blog, we shall take a look at the key differences between a businessman and an entrepreneur but through the glasses of ethics.

We know the aim of a venture is to create profits, however most entrepreneurs don’t care regarding cash. Entrepreneurs need to vary the planet with their vision and keenness. They want to search out new answers to pre-existing issues, whereas businessmen usually stick with pre-existing norms of doing business. Businessmen see the planet as a chance to create cash. On the opposite hand, AN entrepreneur’s major pursuit is to act as AN discoverer or creator to the planet and develop a path-breaking or game-changing business model. An entrepreneur views the world as his duty. Businessmen and entrepreneurs even have totally different concepts once it involves taking risks. The former usually take calculated risks so as to maximize profits. Entrepreneurs can take risks like skydivers. It is as a result of if they fail, they can start from the scratch. Just like the previous comparison, every entrepreneur can be a businessman, but the opposite of that is not always true. From the examples above, we can infer that the both categories differ on two major aspects: vision & risks. A bourgeois doesn’t have a ground breaking vision or plan. He/she needs to be in business so as to create cash whereas taking as very little risks as attainable, i.e., their major purpose is to make money. Entrepreneurs area unit visionaries UN agency would like to vary the planet. Money making is not necessarily their priority.

I won't conclude by saying that entrepreneurs are better than businessmen, actually entrepreneurs are a subset of businessmen but they are those who chose the road less traveled. So what do you think that you're heading towards? Just gonna survive in the market or going to emerge as a trend setter, leaving a trail behind yourself to let others follow you.