Entrepreneur Manager

Sr.
No.
Basis of Difference
Entrepreneur
Manager

1.

Motive
The main motive of an entrepreneur is to start a venture by setting a enterprise to achieve his ideas.  
The main motive of a manager is to give his services to an enterprise owned by someone else.

2.

Status
An entrepreneur is the owner of the enterprise
A manager is a servant or paid employee of an enterprise.

3.

Risk-bearing
Being the owner, the entrepreneur undertakes all the risk and uncertainties of the enterprise.
A manager being an employee does not undertake any risk involved in the enterprise.

4.

Qualification
an entrepreneur requires qualities and qualifications like hard working , patience, foresight, high thinking, independence, etc.
A manager needs to posses educational and technical skills. Special management knowledge and qualification is an additional benefit

5.

Innovation
Entrepreneurs are born innovators. They set their own goals and work for it.
Managers only execute the plans prepared by the entrepreneurs. They only do the practical part of the plan.

6.

Benefits
An entrepreneur gets profits as the benefits of the enterprise which is uncertain.
A manager usually gets fixed salary for the services rendered by him. It is fixed.

7.
Decision making
An entrepreneur takes decisions on his own as the enterprise has to develop as per his ideas.
A manger does not have authority to take decision on behalf of the enterprise, but he may take decision related to the plan which he is executing.

8.

Specialization
An entrepreneur may not be a specialized in his trade but may have sufficient knowledge.
A manager is trained professional, hence is specialized in his field.

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