Corporate World Leadership

How to differentiate a businessman from an entrepreneur

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I just came back from Spain where I had the privilege to take an active part as a speaker in the Galicia Innovation 2014 annual event (click here to see what you missed).

I was approached by many people who presented themselves as entrepreneurs, but after 30 seconds into the discussions, I could distinguish the businessmen from the entrepreneurs.

How? Simple.

Take a look at the chart below I prepared:

I just came back from Spain where I had the privilege to take an active part as a speaker in the Galicia Innovation 2014 annual event (click here to see what you missed).

I was approached by many people who presented themselves as entrepreneurs, but after 30 seconds into the discussions, I could distinguish the businessmen from the entrepreneurs.

How? Simple.

Take a look at the chart below I prepared:

Business man - Entrepreneur

 

Both a businessman and an entrepreneur wish to have a personal gain from their endeavors, so we are focusing our debate on the left side of the chart. Now, the upper part is distinguishing the people that are interested in providing value when they start/join a venture, and from those who aren’t.

Providing value is:

  • Bringing in his/hers expertise
  • Make him/herself available to create
  • Contributing effort, time and resources
  • Committing

Providing no value is:

  • Connecting you to a person you seek
  • Arranging a meeting with a company you wish to connect with
  • Charging you for brokering efforts
  • Take no ownership

So next time you are approached by a person that presents him/herself as an entrepreneur, seek if he/she is interested in providing value.. or not.

Here is a nice diagram I found, also very true:

Entrepreneur vs businessman

Your Comments are more than welcome
Business vector designed by Freepik

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Noam Tamari-Wekser

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