Is management and entrepreneurship the same?
If entrepreneurship is not management then what is it?
Best Answer
Entrepreneurship is building a business.
A business later become profitable and becomes a company. The company hire managers to hire its growth.
Entrepreneur include management, but is not management.
Most professional managers are not entrepreneurs.
Entrepreneurs create something so professional managers can later manage. Entrepreneurs create jobs, and the managers take the jobs.
Other points
Question asked by
Quora user
Date
July 14, 2021, 12:34:53 PM
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business plan
business plan and exit
The plan to reach the exit, including unknown uncertainties that will surely happen.
business model
business model
How to turn an interest into a money maker. How to attract people, how to stimulate people to pay, how to make profit, how to make relations, how to keep relations.
value proposition
value proposition
How much do I have to give my audience so they can pay me something in return? What do they value? what problem do they search for answers on your own? I want to solve that problem.
passion
passion
You may like your dream, but if you have to suffer tremendous set backs to realize your dream, would you give up?
investment
due diligence
VC or investor check. Include standard items 1. Did you quit your job; 2. Did your cofounder quit his job; 3. is your sales validated.
traction
traction
When you finally connect what you love to do to what a lot of people love to buy. When you can focus all you want and still have unlimited work and fun.
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A founder is not a CEO, until the company is making money and profit enough to stay alive on its own.
chance
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Largesse
A general or CEO or founder who is tolerant and generous. Someone who recognizes own mistakes. Someone with big heart for hiring people better than him.
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Brand means name recognition. A lot of people knows what your company does and what you stand for. Brand is result of long campaign of consistent value provision and media cultivation. Brand helps a company reduce marketing cost.
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Value
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Marketing
Marketing means bring your product to the market and bring your message to your customer. Marketing is not salesmanship. Marketing is to penetrate the world of commerce through many barriers and existing networks.
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Cash Flow Is King
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Company culture
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focus
Take a stand
Tell people what you stand for, clearly and loudly, and those who like you will come to your stand. Others will walk by and shake their heads.
bold
Bold
Veterans do things their way, because they know all the naysayers are just beginners and by-standers.
focus
Onlyness
When you find a full universe within a grain of sand, a life time of work to do by focusing on one thing. There is enough people behind you to support your living and cause.
success
Fame
People's reaction when they know you have done something they could never do And they know this is not accident because you have done it a number of times.
investment
Company valuation
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Return on investment
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solopreneur
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traction
Having found what people want, not just what people may need. Your offering and their acceptance is sure, no longer a guess. You can provide it for profit, and you can indeed making living on it. Traction is sometimes called validation. You are no longer a theater. You have touched nature, and found cash vein.
mission
mission
Things to make sure the founder will not fall into despair, boredom or get distracted during the long execution even in face of repeated setbacks.
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Game changer
A new value provision that causes supply chain to move and customers getting more value for the same price.
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