In this topic, you study the Difference Between Entrepreneur & Manager.
Entrepreneurs vs Manager: This comparison is given in following tabular form
|
Entrepreneur |
Manager |
| Owner – Entrepreneur is the owner of the enterprise. | Employee – Manager is the senior level employee responsible for managing the enterprise. |
| Profit – Profit is reward for entrepreneur for his risk bearing capacity. | Salary – Manager receives salary and perquisites for his service. |
| Full risk bearing – An entrepreneur has to bear all risks and uncertainties involved in running the business. | No risk hearing – As an employee a manager need not bear any risk. |
| All functions – An entrepreneur has to perform many functions in order to run the enterprise successfully. | Managerial function – A manager does managerial functions of planning, organising. directional and controlling. |
| Innovator – An entrepreneur mainly acts as an innovator and prepares plans for execution, | Executor – A manager executes plans prepared by the entrepreneur. |