Small Business Owner vs. Entrepreneur: What’s the Difference?
Small business owner vs. entrepreneur: What’s the difference or are they the same? This question is something I have been struggling with for a while, not because I don’t know the difference, but because I think it is very hard to define. The main reason for that is the challenge in defining an entrepreneur. The term is becoming overused and almost generic. Almost everyone that I know who starts a business calls himself or herself an entrepreneur. From friends who started making baby/kids clothing, to lawyers who started their own practice to people who started websites and blog to those starting their own companies; everyone calls themselves an entrepreneur.
I recently posted this question on the KAYWEB Angels group page and received some interesting responses. However there seems to be some common thoughts between all of the answers, which are that an entrepreneur is about creating change and having a vision often bigger than their company. These are two unique traits to entrepreneurs that can differentiate them from a small business owner.
Both small business owners and entrepreneurs are risk takers. In many cases, these two groups put their financial future at the mercy of their business. Taking Read more…
