An entrepreneur is someone who identifies opportunities and takes risks to start a new business venture. They are driven by the desire to innovate and create something new, often with the goal of making a profit.
Unlike a smallbusinessowner, an entrepreneur focuses on growth and scalability, aiming to build a company that can expand and impact a larger market.
Entrepreneurs tend to take bigrisks, have big-picture visions, and want to make a difference
Small business owners are often happy filling a need locally and supporting themselves.
A small business owner typically starts a business within their local area to provide a service to a specific target audience.
Small business owners deliver specialized products or services to those who need it in a specificcommunity.
Entrepreneurs love thinking about new technologies that will scale their businesses or be the next bigthing.
Entrepreneurs may not have such a narrow view of their target community and hope to extend to several different groups and locations, even on a national or global level.
What separates a smallbusiness owner from an entrepreneur is the way they think about their company and how they approach business.
Entrepreneurs take big risks and are focused on high, fast growth.
Small businesses can be risky to start, but they usually have a modest trajectory based on available resources and grow steadily as they gain customers and get the word out about their services.
A small business is a limited scale business owned and operated by an individual or a group of individuals.
An entrepreneurship is defined as the process of designing, launching and operating a new business, which usually starts as a small business and pursues growth.
Business expansion is very limited in small business since the owners are not exploring new opportunities.
Entrepreneurships are subjected to fast business expansion.