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

25 May 2021, 3:16 PM

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

The similarity between entrepreneurs and businessmen is they both targeting success by managing their own business. Both are decision makers

The differences are businessman is a person who starts a business from an existing idea/concept, while Entrepreneur from his own unique idea/concept. The businessman is generally traditional, while the entrepreneur is usually innovative and revolutionary.

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

The similarity is both of them are decision maker. Both possess great time management, organization, prioritize, monitor plans, have great communications and listening skills.

The differences are an entrepreneur is a visionary that converts an idea into a business. He is the owner of the business, so he bears all the financial and other risks. A manager, on the other hand, is an employee, he works for a salary. For an entrepreneur the key motivation is achievements. But for the managers, the motivation comes from the power that comes with their position.

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

Personally, I don’t. But I really want to make something that innovative and really helpful for myself and other people.