Purchase Solution

Difference between Entrepreneurs and Small Business Owners

Not what you're looking for?

Ask Custom Question

I need assistance with describing the difference between an entrepreneur and a small business owner and discussing whether entrepreneurs are predators. Thanks!!

Purchase this Solution
Solution Summary

This detailed solution outlines the differences between entrepreneurs and small business owners. It gives links and examples. It also discusses whether entrepreneurs are predators.

Solution Preview

An entrepreneur is someone who thinks creatively, typically out of the box, to come up with a business or solution. They accept financial risks in taking on the new activity or opportunity. Examples would be Sam Walton, Bill Gates, Steve Jobs, and Richard Branson. They are driven to success and often are involved in high risk/high reward ventures. Here is a link to a definition: http://www.wisegeek.com/what-is-an-entrepreneur.htm

Entrepreneurs differ from small business owners in ...

Solution provided by:
Sally Baldwin, Ed.D
Education
  • BA, University of Southern California
  • MSS, United States Sports Academy
  • Ed.D, Boise State University
Recent Feedback
  • "Thk u"
  • "Thank you!:)"
  • "Thank you!:)"
  • "Thank you!:)"
  • "Thank you!:)"
Purchase this Solution
Free BrainMass Quizzes
Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Learning Lean

This quiz will help you understand the basic concepts of Lean.

Introduction to Finance

This quiz test introductory finance topics.

View More Free Quizzes
Related BrainMass Solutions

  • List the advantages and disadvantages of owning your business

    The United States offers government loans to small business owners and entrepreneurs through banks and credit unions that partners with the Small Business Administration (SBA).

  • Paycheck in the Eyes of Business Owners and Entrepreneurs

    It was found out that business owners and entrepreneurs would sacrifice their paycheck for sake of business survival. Two references are provided.

  • Leadership Behavior and Motivation

    Bankruptcy teaches an important lesson to small business entrepreneurs to learn from their mistakes that led to bankruptcy and helps the entrepreneur or small business owner to reorganize his or her business and avoid such mistakes in the future.

  • Financing

    Both Rhonda and Andy have joined your small business owners group and are recounting their troubles with acquiring their finances.

  • Entrepreneurship - Sources of Funds

    It is so difficult for most small business owners to raise the capital needed because small businesses have a high rate risk of failure up to 70%.

  • Entrepreneur Assessment

    This charisma can be the difference between employees who remain at the upstart during periods of instability and those that leave.

  • Strategy of small hardware store to compete with giants

    Each Ace store is independently owned and operated by local entrepreneurs, hard-working, passionate business owners who are involved with and, many times, reside in the communities where their stores are.

  • Small Business Leadership

    Small businesses do not have a lot of policies and rules, so owners and employees don't have clear cut guidelines for how to resolve ethical dilemmas. _____ 3.

  • Deciding the form of business entity

    Many small business owners choose the corporate form of operation because of the protection it affords an owner's personal assets. LLCs also provide this protection.

View More Related Solutions