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Reaction Paper on Entrepreneurship

In: Business and Management

Submitted By herewegoagain92
Words 619
Pages 3
CHRISTINE ISABEL B. GO BSCOE5
Reaction paper
Article: Isn’t it that an entrepreneur is a different person from a manager?

Let us first define the meanings of an entrepreneur and the manager. Based on some researches I’ve had, entrepreneur defined as someone who seeks new and original ways of doing something, often used to describe a businessperson who finds a new way of advertising or advancing a new product or the product itself.
Entrepreneur is a person who has an Idea that they implement for the betterment of anybody in general i.e. either clients or employees or organizations or the society at large and hence creates value for them by means of products/services which were not really existent until now in the very form in which the entrepreneur is offering. The product or service that the entrepreneur comes up with has distinguishable features and thus the entrepreneur can be fairly stated as the founder or creator.
Another one is an entrepreneur is he who starts the business from scratch. For example, initiating the plan, materializing and implementing and also creating brand for his products and services. In simple words, entrepreneur who run the business in a unique form.

Let’s look at the other side of the story: the manager. A manager is someone who organizes the members of a workforce and delegates responsibility to those who can do the job. Another meaning for the manager is the one who directs a team or athlete; a person whose work or profession is management.

Based on the descriptions stated above an entrepreneur is far way different from a manager. As an entrepreneur, you are a business owner, a franchise owner and a CEO of your own company. An entrepreneur requires many special skills as you are the one inventing the product and offering it for the society. Managing costs little to nothing to start whereas an entrepreneur needed venture

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