Entrepreneur vs Manager:

Entrepreneur:

1. Initiative: Takes the initiative to start a new venture or business.
2. Risk-Taking: Willing to take significant risks for the potential of high returns.
3. Innovation: Focuses on creating new products, services, or business models.
4. Vision: Has a long-term vision for the business and is often involved in setting strategic direction.
5. Ownership: Usually the owner or co-owner of the business.

Manager:

1. Execution: Focuses on implementing and executing existing business plans and strategies.
2. Risk-Averse: Typically more risk-averse and focused on minimizing risks within the existing framework.
3. Efficiency: Concentrates on optimizing operations and processes to achieve organizational goals.
4. Execution of Vision: Implements the vision and strategies set by higher-level management or the entrepreneur.
5. Employee: Often an employee responsible for overseeing specific functions or departments within the organization.

While entrepreneurs and managers have distinct roles and responsibilities, it’s worth noting that successful entrepreneurs often need to possess managerial skills, especially in the early stages of their ventures. As the business grows, they may also hire or develop a management team to handle day-to-day operations, allowing the entrepreneur to focus on innovation and strategic direction.