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Distinguish between entrepreneur and employee ?

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Distinguish between entrepreneur and employee ?
  • 1 answers

Sia ? 3 years, 5 months ago

The major difference between an entrepreneur and an employee are as follows :  

ENTREPRENEUR :  

(1) Meaning: An entrepreneur is a person who works for himself.  

(2) Works for: An entrepreneur works for freedom.  

(3) Risk factor: An entrepreneur faces high risk  

(4) Terms of work: An entrepreneur himself decides his terms and conditions.  

(5) Degree of freedom: Full freedom enjoyed by the entrepreneur.  

(6) Reward: Entrepreneurs are rewarded with profits.

(7) Role played by them: Entrepreneurs are solution finders.

(8) Perspective: Entrepreneurs look into the future.

EMPLOYEE :  

(1) Meaning: An employee is a person who works for others.  

(2) Works for: An employee works for the security  

(3) Risk factor: An employee faces no risk  

(4) Terms of work: An employee works according to the terms and conditions laid down by his employer.

(5) Degree of freedom: An employee does not enjoy any freedom.

(6) Reward: Employee's reward is their salary.  

(7) Role played by them: Employee's are problem solvers.  

(8) Perspective: Employee's look into the past.

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