Friday, June 10, 2011

"All entrepreneurs are manager but all managers are not entrepreneur." Discuss.

"All entrepreneurs are manager but all managers are not entrepreneur." Discuss.

I think, it is true that at times an entrepreneur can be a manager aslo but a manager can not be an entrepreneur. There are some important reasons behind my thought which is presented below:
  • The main motive of an entrepreneur is to start a venture by setting up an enterprise but the manager always want to render his services in an enterprise already set up by someone else. Here an entrepreneur is able to render his services in an enterprise but a manager does not think to build up an enterprise.
  • An entrepreneur is the owner but a manager is the servant in the enterprise. In this case, an entrepreneur may be the servant but a manager may not be owner.
  • A manager as a servantmay or may not bear any risk inolved in the enterprise. But an entrepreneur bears all risk of an enterprise.
  • An entrepreneur himself thinks over what and how to produce goods to meet the changing demands of customers as well as executes his own plan. But a manager only executes the plans prepared by the entrepreneur.
  • An entrepreneur is the final decision maker but a manager may or may not be a decision maker because an entrepreneur has right to avoid the decision of a manager.
Finally we can say that an entrepreneur may have the opportunity to be a manager but there is no option of a manager to be an entrepreneur.

Source: Here
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