Post
Topic
Board Economics
Re: The difference between businessman and entrepreneur
by
Davidvictorson
on 19/04/2025, 20:53:42 UTC

          3. Risk Attitude
*****Businessman:
Businessmen generally are more cautious in their approach to risk. They prefers stable, established markets and tend to optimize existing processes rather than diving into uncharted territory.
*****Entrepreneur:
Entrepreneurs accepts and takes more risks as they aim to create something fresh or reform existing markets. They’re often willing to take calculated risks to chase innovative ideas.
 
I literally just wrote about risks in one of the previous threads and I referenced entrepreneurs as the biggest risk takers. I will just put the comment here again since it is not different from what I will write. But before I do that, I will say that all entrepreneurs are businessmen and businesswomen but it is not all businessmen and women that are entreprenuers. Okay, back to the write up on risks taking: I like this first type because they are usually the ones that bring generational wealth as a result of their hardwork, risk taking behaviour, persistence and consistency. They are the ones that that were bold enough to create an unfamiliar success route different from what the society and family expects of them. They are not necessarily ceos but they are mostly entreprenuers, business people, professors and folks found doing unusually things in the different walks of life. If you are around them, you cannot be average, you must deliver excellence at all times and be willing to take even bigger risks too.