Question

Please explain the difference between an entrepreneur and a businessman

Answer 1

Entrepreneur is the one who makes waves in the market with his vision while businessman tries to make use of the waves in the market to make profit.

A businessman basically deals in goods in order to earn a return, but an entrepreneur tries to create value for its customers by providing various benefits and services along.

Entrepreneur is a market leader while a businessman is just a player in the market.

Entrepreneur usually have a vision for the market and tries to grow using innovation while a businessman is focused on growing and expanding through profits and investment.

Entrepreneur tries to create a new market with their innovative products or services ,businessman thrives in existing markets.

For example : if a businessman is offered a shipment of apples at a cheaper rate ,he'd try to sell it in return of a profit ,while an entrepreneur will look to use that shipment of apples to make apple pie ,thus adding value to sell it at a much higher profit.