Entrepreneur Vs Small Business Manager

Question 1

Entrepreneur start ideas and managers run them

Answer 1

E - someone who create or launch a new business

M- it can be anyone who hires someone else to handle the management of business

Question 2

Entrepreneurs may be identified by their behaviours. Manager do management job

Answer 2

• In the behaviour of new venture creation they might be called entrepreneurs.
• As the organization grows they might do the job of a Manager, or small business owner.
• Hence if there is no creative destruction and continual change then there is no entrepreneurship.

Question 3

So when does entrepreneurship end and when does small business ownership start?

Answer 3

Entrepreneurship ends as soon as the creation stage of the organization ends.