Entrepreneurship · Business Strategy

Difference between an entrepreneur and a businessman?

Angel Otero Consultant en Freelance IT Consultant & Service Provider

October 7th, 2016

Why are some people referred as entrepreneur, some as business man/woman, some as business tycoon and some as business magnet?

I understand the tag ‘Business magnet’, it could have been coined out of creative writing by media.

David M

October 7th, 2016

Go create a business and quit worrying about labels!

Nijat Huseynov Leale International

Last updated on November 8th, 2018

The main difference is in the mindset. It is about your attitude towards your business. Is it idea driven or pure pragmatic? Here is a fresh view on this question to dig deeper: Difference Between Entrepreneur and Businessman

Rupert Meghnot MBA CXO, Burnout Game Ventures, LLC

October 9th, 2016

An "entrepreneur" is someone who starts and runs an enterprise based upon two things: RISK and INITIATIVE. If you're willing to risk everything else in your life for the successful start (and operation) of your business, you are an entrepreneur. If you have TOTAL discretion with regard to how you utilize initiative (you can create whatever product/service, marketing tactic, etc. you want), you are an entrepreneur. Regarding the difference between an entrepreneur and a businessperson, it's a matter of degree. Businesspeople can only risk their jobs, not (typically) their financial status, homes or marriages. They are also limited in the amount of initiative they can exercise, as there's always someone else who has to approve. IMHO.

Rod Abbamonte Co Founder at STARTREK / @startupHunter / @startupWay / @CoFounderFound / @GOcapital / @startupClub / @lastminute

October 9th, 2016

Entrepreneur makes your own income. Businessman ask how much will be the income.

Arthur Lipper Chairman of British Far East Holdings Ltd.

October 7th, 2016

All business-founding business owners are entrepreneurs. All business owners are not entrepreneurs. All entrepreneurs are not currently business owners. Entrepreneurship has to do with business creation. Those wishing to become business founders or owners are not yet entrepreneurs. There are those working for organizations who erroneously claim to be entrepreneurs. They are employees who believe they have entrepreneurial tendencies. Innovation, making something better, and entrepreneurship are frequently confused. Entrepreneurship is creating a business. Invention and innovation are also confused. Invention is creating a device or service which has not existed previously.

Arthur Lipper Chairman of British Far East Holdings Ltd.

October 7th, 2016

Here is a fuller description of the differences between entrepreneurs and businessmen.

Arthur Lipper Chairman of British Far East Holdings Ltd.

October 7th, 2016

There is a vast difference.

Thomas Sutrina Inventor at Retired Pursue Personal interrests and family

October 7th, 2016

Businessman experience is in providing a product or service.  They see risk in terms of their experience.  The unknown represents the maximum risk. 

Entrepreneur start with a business vision that contains some understanding of the market and customer, but to obtain an advantage in the market the entrepreneur projects beyond the present state of the market to an advantageous position.  This requires that entrepreneur for an advantage is dealing with unknowns.  His major effort is to reduce the risk.  Where a businessman rejected the unknown high risk approach from the start.  He does not put any effective effort to reduce risk.

Jerome Peloquin President, Family Fish Farms Network, Inc.

October 7th, 2016

it is a question of business stage actually. One can be a business man and an entrepreneur and one can be an entrapreneur and not a business man but to be a business magnate one has to have organge hair and named Trump. Jerome Peloquin President The Family Fish Farms Network, Inc. 717 Lawrence Street, NE Washington, DC, 20017 cell: (410) 227-0498 (Skype) fishfarms1 LinkedIn Profile email: aquaponikus@gmail.com website: www.thefamilyfishfarmsnetwork.com We grow healthy local food ... save fresh clean water ... create decent paying jobs.

Emilia Engonwi Coach & Mentor in Business Ethics at African Plan Network of Development Entrepreneurs

November 9th, 2018

In addition to other comments, a business man is profit oriented while an entrepreneur is people oriented.That is, he gives more priority to employees, cutomers and the public.


An entrepreneur is an innovator, create and impliment solutions to problems faced by our society. They are passionate by their idea and so take risk to launch it. On the other hand, a business man is someone who build a business on an old concept or idea.