Comparison Between an Entrepreneur and a Manager

Entrepreneur Manager

Financial rewards Low in the early stage. Financial rewards are fixed

Prospects of high financial and usually predictable.

rewards in the later stage.

Risks Must accept huge career and Comparatively low risks.

financial risks.

Responsibility Carries the full responsibility of Has comparatively limited
establishing a new organisation. responsibility as per his work
profile.

Freedom Total freedom to shape the Works under the instructions

organisation. of his superiors or owners.

Personal The sky is the limit. Career options are limited.
development May have to look for other
employment if not satisfied.
Very often many managers
develop a ‘ Yes Sir “ attitude
in order to grow.

Nature of work Anything and everything is Fixed area of responsibility.
his area of work. May have to deal with a number of routine matters.

Entrepreneur Manager

Working hours 24 hours a day and 365 days Usually fixed, working hours,
a year. unless the company faces an emergency.

Social status Not usually bothered Designation and status
about designation. symbols corresponding to
position in the organisational
hierarchy are important.

Dependence Totally independent. Heavily dependent on
superiors.