Differences between an Entrepreneur and a Manager

Entrepreneur                                                     Manager

1.     Innovates                                                                     Administers

2.    Focuses on people                                                      Focuses on systems/structure

3.    Manages networks                                                      Manages systems/procedures

4.    Relies on freedom                                                       Relies on control

5.    Asks how and who with                                             Asks what and when  

6.    Originates                                                                   Imitates

7.    Challenges the status quo                                           Accepts the status quo

8.    Does the right thing                                                    Does things right

9.    Finds/attracts resources                                               Manages resources

10.  Independent/self reliant                                              Team Player

11.   Takes risks                                                                   Manages risks

12.  Work/tasks are chaotic                                               Work/tasks are well structured

13.  Individual takes final responsibility                            Employer takes final responsibility

14.  Relies on customers for appraisal                               Relies on superiors for appraisal

15.  Works in an uncertain environment                           Works in fairly certain environment

16.  Learns by doing + making mistakes                           Learns via general/specific training