What is the difference between business …
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Posted by Anushka Lalit 4 years, 11 months ago
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Gaurav Seth 4 years, 11 months ago
Basis for comparison
Entrepreneur
Businessman
Risk-factor
An entrepreneur takes up more risks as he carves a path for others to follow
He or she has to encounter low risks since they are following already existing ideas or concepts
Business approach
A business approach is creative and unconventional
Their approach is conventional
Level of competition
Since an entrepreneur creates his/her product, he or she might face little to no competition.
The level of competition might be high since there are others following the same ideas.
Success rate
Not all ideas might be successful
The success rate is high
Business focus
Value to employees and customers
Profit-oriented business
Rewards
Higher rewards if successful
Small rewards involved
0Thank You