What Is The Difference Between An Entrepreneur And Businessman?

By Ishika S.

16th August, 2023

Even though the terms ‘businessman’ and ‘entrepreneur’ are used interchangeably but they do not mean the same thing.


“Here’s the key differences between a businessman and an entrepreneur”

A businessman runs an undertaking or a business, whereas an entrepreneur runs a startup with an original, innovative idea.

Entrepreneur Vs Businessman

Key Difference

Entrepreneur comes with a ‘new’ idea whereas the businessman does business in an existing market. An entrepreneur can become a businessman in future.

An entrepreneur is a market leader while a businessman is a market player. As entrepreneurs create a market for their business idea while the businessman makes a place for himself in an existing market.

Market Position

Method Of Operation

An entrepreneur uses unconventional methods to run his business whereas as a businessman runs his business with a more traditional approach, since he is in an existing market.

Hence, an entrepreneur is different from a businessman as an entrepreneur is known to be a risk taker while businessman are known to be competitors.