Trick Entrepreneurship

What’s the difference between a businessman and an entrepreneur? Are they the same? They are somehow closely related as both do business. BUT I would say they are different.

To answer it directly, in a puppet and puppeeter relationship, an entrepreneur is the puppeeter and the businessman is the puppet. In an employee-employer relationship, the entrepreneur is the employer while the employee is the businessman. In short, an entrepreneur MANAGES a businessman!

Got it? What’s the meaning of entrepreneur from its etymology? - ENTERPRISE. Yes, an entrepreneur manages an enterprise.

It is usually an evolution. A businessman transforms into an entrepreneur. The former employee now becomes an employer. So that means this employee finally developed his way to widen his scope of the market, networked his products, hired people, and finally just stayed home just to monitor his business.

It’s not a one-tme shot! It’s a long process. An entrepreneur finds, creates, innovates ideas to do enterprise. When its’ ready and a system was already set up, then he will now organize businessmen, leave it to them to further enhance it. He makes way to meet them, interact, transact, and earn from them too.

How does an entrepreneur earn? He earns a little. Yes, you heard it right! An entrepreneur earns a little! BUT it was multiplied by a million times. The owner of McDonalds earns a little but it was mutiplied by thousands and million times as he now earns from each and every franchise of his store!

How about a businessman? A businessman attends to entrepreneur’s product, markets it, and in that way makes a living as his job.

BUT a businessman needs to evolve to become an entrepreneur. Have you ever thought of calling McDonalds to order a food? The owner is not the one attending to your orders but his people. And he earns from it! That’s an entrepreneur!

In the cashflow quadrant, a businessman is considered self-employed while an entrepreneur is considered as business owner. So a businessman is in the active income side while an entrepreneur is in the passive income side. A businessman works for money while money works for an entrepreneur.

So are you a businessman or an entrepreneur? Do you plan to evolve in case you are a businessman to become an entrepreneur?