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Difference between entrepreneur and bussiness man

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Businessman :  A businessman faces tough competition because there are hundreds of rivals already existing in the market undertaking the same business. Although the risk factor is low because he walks on a path that is already tested by the rivals so the chances of failure are relatively low. The main objective of a businessman of conducting the economic activities is to generate revenue by employing the human, financial and intellectual resources. By virtue of this, customers are treated as the king of business by the businessman. Entrepreneur :  An entrepreneur is a person who conceives a unique idea or concept to start an enterprise and brings it into reality. He is the person who bears risks and uncertainties of the business. The venture established by the entrepreneur is known as Startup Company, which is formed for the very first time regarding the idea, innovation or business process. They are the ones who lead the market always no matter how many competitors wi...

The meaning of entrepreneurship

                                        ENTREPRENEURSHIP The  capacity  and willingness to  develop , organize and  manage  a  business venture  along with any of its risks in  order  to make a  profit . The most obvious example of entrepreneurship is the starting of new businesses.In  economics , entrepreneurship combined with  land ,  labor , natural resources and  capital  can  produce  profit. Entrepreneurial spirit is characterized by  innovation  and risk-taking, and is an essential part of a nation's  ability  to succeed in an ever changing and increasingly  competitive   global   marketplace .         Entrepreneurship  can be scary because there is no guarantee that the business will work, and the entrepre...

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