DIFFERENCE BETWEEN ENTREPRENEUR & MANAGER

No.	ENTERPRENEUR	MANAGER
1	The main motive of an entrepreneur is to start a venture by setting up an enterprise. He understands the venture for his personal gratification.	The main motive of a manager is to render his services in an enterprise already set up by someone else.
2	An entrepreneur is the owner of the enterprise.	A manger is the servant in the enterprise owned by the entrepreneur.
3	An entrepreneur being the owner of the enterprise assumes all risk and uncertainty involved in running the enterprise.	A manger is a servant does not bear any risk involved in the enterprise.
4	The reward an entrepreneur gets for baring risks involved in the enterprise is profit which is highly uncertain.	A manger gets salary for the services rendered by him in the enterprise.
5	Entrepreneur himself thinks over what and how to produce goods to meet the changing demands of the customers. Hence, he acts as an innovator also called as a change agent.	A manager simply executes the plan prepared by the entrepreneur. Thus, a manger simply translates the entrepreneur’s ideas into practice.
6	An entrepreneur needs to possess qualities and qualification like high achievement motive, originality in thinking, foresight, risk bearing, ability and soon.	On the contrary a manger needs to possess distinct qualifications in terms of sound knowledge in management, theory and practice.