Question

Describe what sets an entrepreneur apart from a business founder and discuss how entrepreneurship can be a catalyst to social good

Answer 1

The thing that sets an entrepreneur apart from a business founder is Visualization to success. Entrepreneurs have a strong vision and are great at visualizing success. Entrepreneurs generally believe that anything can be done and nothing is impossible. They also think that there is no one best way fo doing things as one has to change according to the dynamic environment so do the organization's activities and operations. They believe in the long-run vision and stability of the business rather than profit-making in a small run. A strong vision makes an entrepreneur different from the business founders.

Entrepreneurship can be a catalyst to social good when it is centralized to public and social benefit. Sometimes it is also called social entrepreneurship that focuses on the benefits of society rather than the profits like NGOs. Entrepreneurship can be a vehicle for change in a socially beneficial way by using profits to make social and economical changes in society. Some of the examples can be building hospitals, schools, and old age homes.