Forums | GRADUATE SUCCESS ATTRIBUTES UHMT1012 SEM 2 SESION 2020/2021

25 May 2021, 12:58 PM

1. What are the similarities and differences between entrepreneurs and businessmen?

Differences : 

Businessmen are using the existing idea and concept into their business. They just copying others idea and product to make the business ongoing. There is no originality of the idea in the business. As an example, businessmen that involve in investment of stocks will the same concept and idea in doing the business. 

Entrepreneurs in the other hand use a different idea and method in order to achieve the goal. Entrepreneurs will sell their product based on their own idea generation. Such as the entrepreneurs in cosmetic will have create a different formula in their cosmetic product and make sure their product will make the greatest impact to the consumer. They rely on the quality of idea generated in order to survive.

Similarities:

The similarity between the entrepreneur and businessmen is they manage their own business. So all of the result will based on their performance and effort. They are their own boss .

2. What are the similarities and differences between entrepreneur and manager?

Differences:

Entrepreneurs will rely in their own product and idea as a starter pack in order to initiate the business. A great idea is needed in order to make sure the product's sales sustain. Whereas , the scope job of manager is only to manage the existing business to make sure the business will survive and make sure their reach the target sales.

Similarities:

Both similarities are they need to arrange a stratergy to make sure that their business plan can sustain and survive for a longer period.

3. Have you ever think that you have an entrepreneurial mindset? 

Yes, I believe that I have a very strong trait of successful entrepreneur because I have a very strong mindset of sucessful people. I dont believe in defeat because i know we all born to be a winner. I also very commited in doing my work. i also not afraid of failure because failure will teach us to stand high in the future.