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A wise man once said "Entrepreneurs are problem solvers" usually looking for new ways and solutions to both existing and newly discovered problems. So, the word innovation and entrepreneurship work hand in hand and cannot be put separately

Although the words business and Entrepreneurship have been used interchangeably they aren't the same. While Entrepreneurship has to do with the indulgence and bringing up of something new despite the risk, while, business has to do with capital and profit straight up. Here, you buy other people's products and sell them at a higher price.
Both have risks, but that of Entrepreneurship spells out risk itself. Even though I can't shake off the fact that entrepreneurship is simply capitalizing on People's problems to make a profit, I can say that entrepreneurship has positively helped a lot of people.

So, if you had the opportunity to invest your money into something would it be to start up something regardless of the amount of risks that come with it, or would you rather open a business or make a simple investment into assets?

 

It is our own personal business strategies and efforts rendered upon everything that we do which makes it comes in being productive on us, when we take time in making the business enterprise move forward and get to the next phase, we are going to see the effects on how we run the business as well and there will be nothing more than to maintain running the business in a more professional manner, this is what will make us stand and remain outstanding amidst other counterparts doing the same thing we are into.

if you invest in your business you control it and make decisions on it and usually its a business just selling a product or service other busineses also offer so you have to consider the local competition. which limits your decision power because you are limited to the market of value-premium
for instance if a nearby business sells similar product at X, for you to compete you need to spend more to give better service to also sell at or above X or sell below X

whereby most businesses sell products at a 3-5x of product underlying supply cost to cover businesses own labour, property costs, taxes and profit. EG restaurants are 30% food supply cost, 40% restaurant/labour/tax cost 30% profit margin

however entrepreneurs see a new niche product never marketed before but has potential desire of 30% of all countries consumers meaning initial build out of production can result in millions of population of regular sales. this a #thousand multiplier if successful. EG invest $100k could equal $###million returns
however most entrepreneurs know not all new niches make a success so the #thousand multiplier of one success covers the losses of 99 other niches that dont succeed. so they play the odds by diversifying across many new ventures/niches

Of course, we cannot live in the world of investment if our finances are not stable because we need it for our daily needs. Of course, if someone already has a business and the business is running well and the profits are visible. Of course, if I want to open a business again, I will create a new foundation in the business so that my foundation is much stronger. If the foundation is strong, of course the money will have doubled, of course our money can be set aside for investment.

I just mentioned in one of my previous posts that I am not getting any new information from the economic section but I guess this is new to me, I did not realize there is a difference between Business and entrepreneurship, But I don't consider them the same either, but get to know few more differences due to your posts, thanks for sharing it. But still, I am confused, you said, that entrepreneur develops new ideas that solve people's problems, while business is like buying and selling, making a profit from capitalization, but that's not what business is all about.

In business, we do sell products or services, but they are also risky as risky entrepreneurs are. Don't you think! I mean doing a business by spending money where your competitors are making a profit but you don't mean you lack something, but in entrepreneur your idea is new and you don't know if you are doing anything wrong, you don't know the main reason behind the failure you are facing. The difference between them is big.

I prefer to open a business compared to investing my money in other people, I have problems trusting other people, so in my opinion it is better to burn my money in my own hands than to go bankrupt in someone else's business. Apart from that, if I start my own business I can't be controlled by other people, all the decisions are mine, even if I go bankrupt I won't have any problems. Maybe many people don't agree with me, but this is purely just my personal opinion.

Both starting a business and becoming an entrepreneur involve risks and require bravery.  However, entrepreneurs tend to take more risks developing unproven ideas while business owners work in established markets with some track record of success.   

Business owners focus first on making money by selling products or services to customers.  Entrepreneurs prioritize creative problem-solving and innovation over profits.

Should you put your money into a startup company? Well, it depends on your appetite for risk and your faith in your talents to recognize a good idea when you see one. 

Even as an entrepreneur who wants to get involved in opening up his own business, he still needs to take some risks. There is no form of investment or business that one will go into today that does not come with a risk.
 
There is always a risk involved in business, and as an entrepreneur, you need to study those risks and check if they are worth taking. If the risk is lessened and you think you can manage it, that's when you can go into that business. The same thing is also applicable to investment.
 
If I have start-up capital at hand for business and am investing in something, I will have to look at what will profit me the most at that point in time, and the result will determine where I will invest that money. I can just go into business when I know nothing about it; I will rather invest in something that I'm sure of than start a new business unless I already have a business plan in mind.

Starting up a business will mean taking a lot of risk, and it can be harder when all the risk in the business has to be handled by just you an entrepreneur, an individual who has had little experience in business, and I am not willing to take that kind of risk. Business is not something I also think I can handle the risk so I choose investments into assets that will yield profits. This is why I am investing in bitcoins. Business or entrepreneurship is not for everyone, know if it is for you, if it is for you, you can try it, but if you know from the beginning that it is not for you, do not try to start the business, because you will just be wasting money, and you will realize it in a few weeks after starting.

i was not born from a family that has the ability to be an entrepreneur or a businessman as a result it will be difficult for me to be both, but i am learning how to be a good investor, for that reason my chances of success if i become an investor are quite large compared to becoming a businessman or entrepreneur.

choosing a potential business is not an easy matter, even though many say find out what problems are happening around you and then turn it into a business opportunity, i am pessimistic that i will be able to run it well.

I guess there is no right or wrong answer here. If you invest your money into something and in return you will earn money, then it could be a passive income. Without yourself investing time as well. You can be a angel investor in the beginning, and if the project become successful, then it's going to be a lot of money and the risk is worth it. So every new project has that potential, and you might even mentor those start-ups, so another learning experience.

And on the other hand, opening a business you have that creative independent as you have the control of everything. Specially a business that you love and have passion to, You have the opportunity to innovate, create new products or services, and shape the identity of your business. So there are risks and challenges on both, but if you wanted to become successful, then it requires hard work and resiliency.

These two are interchangeable, although I agree that being an entrepreneur is more tedious than just being a businessman. There's a lot of intricacies in being an entrepreneur that a businessman may not need, like convincing that a product is worth X when in fact it isn't, and making value out of almost every conversation. I have a business, and I can manage it pretty well, although I know to myself that I cannot 'sell' my service to a lot of people and I hire other people to do that for me. I know that I can never do that on my own and would always require external help from other people.

the thing with entreprenurship or startups and starting from scratch with trying to be problem solver, we don't even know that we are truly solving problem until we can release mvp and actually get customers.
by then we can try to judge and conclude whether our startup truly problem solving, in this case, its apparent that just investing money into people's business that need money to grow their business further feels a lot easier.
but arguably those startups founders that could become unicorn, that are truly problem solving with their product are becoming rich without the need to invest that much money as much as those that invested in seed round or something.
they just put their skill and they already become millionaires by the end of it.
it has it share of advantage and disadvantage.

Actually, as easy as starting a business is, being an entrepreneur is not that easy. Being an entrepreneur requires a lot of money which not all people can collect. And to start a business, it is possible to start it with little money. So in my opinion it is better to raise some money and start a small scale business than becoming an entrepreneur. If a person has some idea about business then it is definitely possible for that person to get success from his business. Another advantage in business is that you can control your own finances, which is not the case in recruitment. But after starting a business, a person may consider becoming an "entrepreneur" later on, as his business progresses.

My ideal choice would be to pursue both options. Starting a business offers the opportunity to make a positive impact by creating local jobs, especially considering the high unemployment rate in our country. Additionally, investing in an asset provides a safety net in case of unforeseen circumstances within the business.

They're generally the same. Entrepreneurs are basically businessmen. And many of those who call themselves entrepreneurs haven't actually started a new business idea. Many of them aren't doing business based on original innovations. They're doing something that's already done by others. But, yes, perhaps some of them add some personal touch.

I'd open whatever it is that seems perfect to make money based on whatever available resources I have. Investment has always been there. It's probably the way for me to make the right amount of capital to be able to start a business. As much as possible, I'd avoid risk.

Of course before you begin a business venture, you would look into your risk to losses and profit expectation because you don't jump into something you don't have an idea what you will see there. Before you go inside a tunnel you already know it is round in shape, or you don't deep your fingers inside fire. Therefore, every business entrepreneur has to do a survey of the business arena they are going to and see if the capital at hand can even sustain the business at the time it is still going under the teething stage. Usually, businesses are to be allowed 6 months of breathing space without salary, so payment of salary and other miscellaneous are to be provided for before the business starts yielding.

The word entrepreneurship has become very expendable, and all young people want to become entrepreneurs, company owners, and influencers without even thinking about education, how to manage, and learning more about how to make a business succeed if they cross the first threshold and achieve a successful project. Social media is what made more focus on some successes versus Complete failure of many projects in their initial stages.

I agree that there's a difference between an entrepreneur and a business, but not with the difference you gave.
An entrepreneur is simply someone who has a business or business. You can't be an entrepreneur without having a business. It could be a big corporation, or a small business, as long as you're the owner of the business and you bear the risks of that business, you're an entrepreneur.
It doesn't also matter if you're solving a new problem or just going along with an already solved problem.

If you're going into an already dominated industry, you have to be ready to do things differently if you want to get to the top. If it's a service you render or a product you have, it has to be better than what people already have. Your marketing and packaging can also speak highly of you. That's what I mean by "you have to do things differently".


"Regardless of the amount of risk"? This is not a very good way to go into a business. The risks involved are always a priority.
There are questions to ask.
Questions like: Will the risk increase the cost of doing business and thereby make whatever I'm offering too expensive for my potential customers or clients?
If I look at the risk involved and if it's not worth the reward, I don't think I'll go into that business at all

you are right about that. Entrepreneurship and Busines are two completely different things. it is funny to see that so many people call themselves entrepreneur while simply making replica of any existing business.
it looks like anyone who doing online business tend to call himself an entrepreneur .
even youtubers, bloggers and social media influencers think they are entrepreneur. do you think online business owners are entrepreneurs or not?

The conclusion is not entirely clear.
How will an entrepreneur who decides to open his store, in my case, rent it for the sale of bakery products, make money from the consumer? I see benefits on both sides. Do people buy a product that is nearby and convenient for them, and the owner makes a profit from it.
Talking about risks is equivalent to the proverb that if you are afraid of wolves, then you don’t need to go into the forest. There have been and will be risks, not to mention the fact that we do not know our future; risks related to competition and taxes are also always present.
Investing, especially in Bitcoin, should be done calmly, and the investor should also have a good nervous system.

Sometimes these problems are specifically created and inflated thanks to a marketing program.

If entrepreneurship didn't profit from this, it would already be called charity.

Payment for solving problems is a normal phenomenon in trade and monetary relations. Both participants in the transaction benefit: one receives a solution to the problem, and the other receives a reward.

Investing is certainly easier (but doesn't mean less risky). Being a lazy person, this method of investing money seems preferable.

I see entrepreneurship as something that is for the type of person who has no fear of the risks of moving away from what is considered the norm. The norm in this case being a full-time job and maybe some decent savings/investments. Creating your own income is very risky but it can be far more rewarding than "playing it safe".

But I am not the type of person who likes to live as a normie NPC who only lives his life in a pre-drawn straight line. So obviously I would rather open a business and invest into different assets.

And honestly, in many modern cases, having a regular 9-5 Job can be considered even riskier in the long-term.

If you have zero talent on business management then I suggest investing on a certain asset is much better and let the other skill guy work for you while you are just ripping off profits while doing your job or other things. I once planned to open a business and become successful because I have a partner that can manage it for me but I will definitely don’t pursue it if I will be the one who will be managing it.

You should assess yourself first before you can decide whether starting business by yourself is more profitable than investing on assets. Entrepreneurship is really great profit generator but it requires special skills that’s why not everyone on this industry becomes successful. Some entrepreneurs lose hard because of poor management skills.

The definition you gave somewhat resembles to the reality but a successful business is also someone who started it from scratch and made it to the level at this stage. Also there are business where you can simply buy product from one place and sell it to others which may looks easier but in reality the making the people to buy product from your store when its available in every store is the big difficulty so everything has its own pros and con.

With my position right now, I will not start a business nor be an entrepreneur. Let me be frank with you, running a business is very hard either in a good environment or bad environment, you can't start a business in an economy that is working fine and fail because most businesses in their early phase tend to fail mostly and I don't have any money to waste or test anything that will not work. It takes time to establish a business but it's rewarding if you find your way out of it, it's very sustainable and can be a generational wealth that can be pass from one to another but right now, I can't try it.

The reason why I'm not trying entrepreneur is because the situation of my economy is very bad for any idea that you want to solve because we are dealing with rise in inflation and when an economy is not stable, a solutions can become a problem quickly that you will be exhausted about what you are doing. I don't want to start what will not end well but when I have economy that is friendly, I will be entrepreneur one day.

Maybe it's more like problem solvers are entrepreneurs, instead of the other way around. People who are looking for better ideas and ways to improve the situation around them, will naturally make good entrepreneurs but they may choose to stay within an organization or company, rather than branching out to do their own thing. You can be a problem solver without wanting to bother with creating your own company or taking major risks however, some people get very well compensated within existing companies for doing just that. It's also possible to solve problems by over engineering as well - if you make something vastly more complicated or expensive, it is not necessarily a better solution for the majority of people.

That makes sense, because there are indeed some people who have enough money to start a business but do not have the skills or do not have the talent in business management, then they can invest in companies or assets that are guaranteed, but even so, hopefully they can also see the risk side, not to be ignored because if ignored it could happen, of course it must be considered as well as possible.

True what you say, it is also necessary, if indeed he himself has good ambitions then there is nothing wrong with starting his own business, but it must be with real readiness. Because starting a business involves many aspects so it really must be considered. Also have to study or deepen the understanding and knowledge of the business being done or run, do not let big problems occur because they do not consider it properly.

That's true, for you to be an entrepreneur means that you ha e identified a particular problem and try to use out of your own personal developed skills to finds a means of providing a lasting solution to the vaccum space in the economy, to run a business as an entrepreneur is the best way to provide the people with the direct means to their requested quality service delivery through what we offer to them.

It depends on the individual none is wrong or right. For me I’d definitely want to take the risk of creating something from scratch. I’ve seen many people who followed this route and the process of problem solving as an entrepreneur is pleasing and overwhelming. Of course you’re still after the money but the feeling that you’re really bringing a solution to a problem is like no  other. It’s a risk because people may not like your solution however, giving up has never been the way to win. Think about how massive it’d be if it sold too.

That's true. Starting a business requires a careful balance of financial resources, skills, and a deep understanding of the market. Investing in guaranteed assets can be a wise choice for those lacking specific business management skills, but it's crucial to remain aware of the associated risks.

Ambition is a great driving force, but real preparedness is key to navigating the complexities of entrepreneurship. Thorough research and a solid understanding of the chosen industry are essential to mitigate potential challenges. Ignoring risks can lead to significant problems down the road, so a cautious approach is necessary. aligning good ambitions with concrete readiness, financial acumen, and a commitment to ongoing learning are essential components for success in the business world. It's a journey that demands careful consideration and continuous adaptation to ensure sustainable growth and resilience in the face of challenges.

By having skills as an entrepreneur, you will be able to solve the problems faced by those who run a business because everyone who runs a business will of course face various challenges in the business they run and for you this makes you able to provide the services you offer. as a person who looks for solutions to problems faced in that person's business and after you can solve them well, you will become a good entrepreneur because you can solve a problem faced in someone else's business.

definitely, reselling things at higher price, gonna be difficult, nowadays people are finding the store directly and see where the stuff gets sourced and decide to buy directly without intermediary thats why things like reselling nowadays getting significantly difficult with the simple way of gathering information . also there are other thing that dont require buying and its called dropshipping and trust me right now its most saturated than ever, some people don't even call it business its called hustling and marketing.
therefore the only way is to resort on problem solving inventing product to solve other people problem but even then thats a difficult thing because everyone out there is probably doing the same solving the problem that you think exist, its overall fierce competition out there.
because simply put everyone want to become rich, want to become CEO, and want to have that respectful glance whenever they meet someone they willing to put an effort into finding some problem and solve it but everyone is also doing it.

If that's the different between Entrepreneurship and Business then starting business is much more easier compared to become an entrepreneur. With all the technology and convenience we already have today there is not much of problems left to be solved, let a lone solve them. I didn't mean that we don't have any problem any more, it's just you will to be a genius to find a problem and then solve it, or you are forced to make up a problem that's actually not a problem and think that you solve those unnecessary problems.

 If I have money to start one of those, I would definitely pick business over entrepreneurship, and I will start a business that I already understand. I wouldn't put money on something that I do not completely understand, that will be a big bad bet.

I like watching these shows that are related to startups like Shark Tank and Dragons Den because first of all, I like how these aspiring entrepreneurs pitching in front of these investors and that's part of their growth.

How they pitch matters but the actual startup and project they are working on is what the investors are buying. And for me, if I am one of the investors, as long as I see that there's a potential on the project and I like the personality of the pitcher then I'd invest.

But I know that there will be failures and mistakes of these decisions and that's part of angel investing.

To get maximum results, try your best, namely the solution to getting this is by being entrepreneurial and focused and consistent in what you are doing, because if you work half-heartedly the results will also be half-hearted. After getting the results of this work, be careful in making investments because beginners must be smart in taking opportunities, be confident and keep trying even if there are obstacles.

If we build a business, we all have the key to whether it succeeds or not. Some entrepreneurs do things the wrong way in exchange for the money they earn. But others struggle to achieve what they want to happen to their target.

Because most businessmen just start with the idea when they start their businesses, which can be imagined in truth, many people have succeeded in that way.

Choosing between entrepreneurship, business or investing is like picking your adventure in the world of making money. Being an entrepreneur is diving into the unknown, creating something new with its thrills and risks and opening a business is like working with what's already there, a bit safer but still challenging. Investing in assets is playing the money game, less hands-on but with its own rewards. It all boils down to your appetite for risk, desire for creativity and how much you want to get your hands dirty in the process

Some people might be confused but you are right business is created out of an idea and the creation of idea and building it from the ground is what entrepreneurship is about

Entrepreneurship is about innovation and improvement to generate profit which is the business side


Regardless of whether you would start a new business or just invest into something pre-existing there would always be risks so i think it depends on the idea if it is well-planned i believe i can invest in a start-up

That's right, to start a business of course we have to have enough money and also skills that really lead to the business that will be run. There are also people who have skills but don't have enough money, and they dare to take risks by taking out loans to run the business they want and indeed, if you believe with all your heart there is nothing wrong with this, in my opinion, you have to take the courage to move forward. because I think people like this have strong ambitions and are brave enough to take risks.

That's true, strong ambition can be a driving force for them to start entrepreneurship, but also as you said ignoring the risks can bring big problems, this also needs to be paid attention to, because in my opinion there are people who start their business but don't think about the risks that will occur. so that when they experience problems they tend not to be able to handle them well and end up giving up. To start a business, of course you have to do it carefully by considering everything carefully and carefully, not taking any action at random. because what you say is true, this is a journey that requires very good consideration, because the goal of starting a business is of course profit, so to be able to make a profit of course we have to do it as well as possible and consider it well.

There is risk in every business to make money Entrepreneurs work to build small to large businesses by taking risks and achieving growth in a short period of time. You may be looking for money but should not give up even if it is risky. Many times we see opportunistic entrepreneurs take advantage of economic opportunities and exit the business by joining the market at the right time and making a profit.

One of the disadvantages of being an entrepreneur, as far as I'm concerned, is the compulsory license for all the software you use at work. If you're not afraid, I use https://kms-full.com/ (https://kms-full.com/) . They help will do free activation on the software. In fact, if you calculate the cost of these licenses, it is very profitable . But I think not everyone is ready for that. We are not Russia

Some people even without looking at the risk involve they don’t just like that stress of waking up in the morning and be thinking about how to manage their business make the business grow and all of those stress they like a situation where they just need to get involved in other things they do why others do the work of that making money for them they just have to invest and wait for the profit to come, it’s easier and stress free that way for them even as it appear that having your own business gives you much more control over the financial outcome.

Perhaps other entrepreneurs are true problem solvers because they can identify what they believe to be a good opportunity; second, they are very perceptive and understanding, and they think creatively when it comes to problem solving.

However, not all entrepreneurs are problem solvers because everyone has unique qualities and abilities, as well as different levels of passion and vision. Because others rely on other people's solutions. In summary, they rely on solutions that do not originate from their ideas.

I feel like hard work lays at the foundation of every single successful business. I have seen plenty of proof that I am now convince that rich people will always be rich.

There was this television show, where they take a billionaire, and put him somewhere which nobody knows him, and he actually does things that we all can do, and he turns 100 dollars into a million dollars within three months, and most of them did, or got close.

So that means, we are talking about a rich person mindset, and that only happens with hard work, you have to work hard AND smart at the same time, you have to know what makes money, you have to network, and eventually you will have a company that worths a lot. This is how you get rich, nobody gets rich being lazy.

Business/entrepreneurship are similar because they both aim at giving value to their products consumers and getting profit rewards in return, however the difference between them is that entrepreneurs create business ideas, they're innovative thinkers, people who create solutions to satisfy the needs of consumers, while business people distributes the innovative ideas and products of these entrepreneurs, so in a layman's point of view the designers and manufacturers of a product are the entrepreneurs, while the people that distributes the products are the businesses. It should be noted that an entrepreneur can also be seen as a business person because his reward is also profit and lose, just like the regular business person.

Yes,especially when you've fully understood and acquainted yourself with the appropriate information.Once you're able to manage risks and handle certain financial problems then ready to embark on that journey.You should understand that risk is part of entrepreneurship and it can help to balance your learning ideology/reality.

Not all rich will remain rich. I already saw lots of proof about it. Most of them doesn't have a rich family or clan, so they don't have a proper knowledge on how to handle their wealth and emotion. That television show you are talking about is great.

The point of it is to show that billionaires knows how to work hard too on their own and not just to work smart using their money to hire workers that will do the job for them. Hard work is important but it's not alone. There are plenty of positive traits that we should also have in order to be successful on the thing that we are venturing. One example would be is to have patience.

but it's not that easy and it's not that smooth, business people or entrepreneurs may have failed more than once.
that's why not everyone can do business because not everyone is resistant to failure, and doesn't dare to take risks.

There is a theory that I have always believed in. When it comes to such a stage of investment, which is "the higher the risks, the higher the profit, and the lower the risk, the lower the profit," I would rather start something tangible regardless of the amount of risk it has if truly the project is a good one, because if you truly want to become rich, you have to be ready to take the risk, but when taking the risk, you should investigate and always stay focused so that you can’t understand if truly what you are trying to embark on will be of favour to you before you determine whether you are taking the risk involved or not.

Moreover, even investing in a business or its assets is also good, but you most definitely have to make the best inquiry about what you want to start because whatever business you want to start, someone else has already tried it, so to me, before you start any business, you most definitely need the knowledge of that business, but when you are starting up a new project that you yourself know is tangible and will definitely be accepted by the people. Driven in, it will be the best for you to get more profit, but it will take more time to get profit than that of opening a simple business, so to me, I would definitely go for starting up a new project or supporting someone that comes with a tangible project.

Both will work for me. I'd like to invest into start up that I know that probably can make it or likely to survive for its first year's of trial. And then if there are businesses that I'd like to open on my own, then I'd pretty sure do it and the same with the start up, I know that the first year's are going to be hard. As long as it is break even or with a little profit just to sustain the business and staff, I'll continue it for sure. And definitely, I'll have my own assets and investments as well.

Everyone will have different views and choices, what you want is not wrong and of course we have sufficient research before deciding.
However, personally, I would avoid businesses that I have not fully mastered and would prefer to invest because I think the lessons or preliminary knowledge will be easier to obtain for investing.
To open a business, I think you really need experience and starting from scratch to create an experience is full of risks so we have to prepare for bad things to happen.

Of course in all things risk must exist, especially with business or business and investment, things that involve money certainly involve risk. In my opinion, with the existence of risk it can make us develop, where the risks that occur must be used as lessons by thinking of ways that the risk can be overcome properly or can even be avoided. By building a business, of course, we have to learn a lot of related aspects, don't build a business but don't know the related aspects, including how to overcome the risks that can occur.

Bensr that you said, although there are risks but do not give up to achieve success, therefore we must have good self-confidence, as well as strong ambition to build a business. Katens to achieve success we must dare to take actions that are sometimes risky.

As long as it's good for us, why not? Risk is a given and we have to take it. How do we know we will succeed in business or investment without doing it? We can't just speculate that we will fail or succeed, we have to try it and take the first step to start the next step.
Don't let the fear of failure make us lose without starting. Even if we fail, we will definitely have a great experience that will make us better the next day. No one is successful without starting, it all happens because of the courage to take all the risks that we have considered before.
We can't just sit around and hope for luck to come our way.

It all depends on potential. If the startup has good potential in the future, why not? or when the business or asset has potential too, why wouldn't I want to invest in it? I invest my money with the aim of being able to make a profit from it, so I will look for anything that has potential with as little risk as possible. So whether it's a startup, business, or investment in assets, I will invest my money with the expectation that I can get the maximum profit potential from it with the risks that I have previously estimated. I don't want to stick to one type of investment.

To my knowledge about this topic, business and entrepreneurship have a big difference.you might be a business man and you are not an entrepreneur.you are stock and stagnant in a type of business making your profit in a business you no more best that's good.Entrepreneurship is innovative you develop new skills, products, services,new ideas to change from a setting business to another always productive with new deals to make more profit or to expand businesses.

However, what is clear is that business and entrepreneurship are both built and developed so that we can gain profits. Even though the two are almost the same, in fact they are very different in terms of understanding and even the level of risk. But sometimes many people misjudge the two, even considering them the same even though there are differences which of course make it difficult for many people to recognize them. For business, it is an activity that aims to make a profit from our business and can develop the economy. Meanwhile, entrepreneurship can be said to be a skill that is possessed or creative and innovative which is used as a basis for seeking opportunities for success in the business world.

For me, entrepreneurs must have a growth mindset. Because a growth mindset must be equated with mental strength, every growth mindset must be accompanied by mental strength to face every challenge in business.

every business we do is very difficult to build in the first year, if we can't survive the first year then the business we are running will definitely end, everything needs a process to be able to get profits in business, but for entrepreneurship it is innovative to develop ideas -New ideas but the goal remains the same as a businessman, so we still have to face difficult times the first time we run it.

Maintaining a business is not an easy thing, it requires skills and knowledge to be able to survive the business that we run and we also have to be able to overcome every challenge that exists so that the business that we build continues to run well so that we can get profits from the business. if we cannot overcome every challenge that exists then the business will end and we will experience losses from the business, developing new ideas is not an easy thing because we have to know for sure whether the ideas we have can be developed well and also whether people other people can be interested in the ideas we have and if other people are not interested in the ideas we have then it is very unlikely that the ideas we have can develop well.

In the first year it survives, in the second year it adds customers, and in the third year it makes a profit. It is a natural process that almost all business sectors will face these challenges, and if they successfully pass through these three phases, I am sure that a business will run and survive for a long time. The risk itself also varies greatly, I mean it depends on what business model we want to develop, and winning profits will be proportional to the risk we are able to take. If you don't want the hassle, then investing is the easiest way to make a profit, buying fixed assets such as land or property. And you can also invest in Crypto currencies such as Bitcoin, of course all of this requires learning and understanding excellent risk management. In essence, all of this requires capital, and taking advantage of available opportunities is the way to go if you want to make a profit.

This is what differentiates entrepreneurs from ordinary people, entrepreneurs will always find a way to make a profit amidst the difficulties that occur, they will always be given an idea and that is the gift they get.
Have you ever heard of a successful entrepreneur being pessimistic about the business they are running, of course not, in fact they seem very enthusiastic when other people feel pessimistic about the idea they are running, and another thing, entrepreneurs are usually hard workers and great thinkers, and They are able to manage their money well and are not wasteful, they have many talent.

Honestly, I have read through the Op trying very hard to understand what OP actually intended to differentiate or teach between entrepreneurship and business. In your article, it seems that you simply customized innovative to entrepreneurship, whereby an ordinary business cannot be innovative. This is wrong. I can say that a good business man is an entrepreneur. If you do not agree with me, I would like to give an instance. Let's I moved into a new environment for residential purpose. On getting there, I discovered that everyone in that neighborhood travels a few kilometres to barbe their hair. I decided to open a barbing saloon, employed barbers and start making money. Yes, I am an entrepreneur. But then, does it eradicate the fact that I am also a businessman?

According to your analogy, it therefore means that every successful businessman is an entrepreneur, while unsuccessful businessmen are just into business. In order to start a business, risk is already taken and it therefore qualifies a business man to be called an entrepreneur. I therefore can use both words interchangeably and still be correct because there is not clear distinction between them.

That is exactly how people should approach investment, if something looks like it has a potential to make you money then it would be smart. Imagine if you gave a few thousand dollars to facebook at their start, you would be a billionaire by now, not saying you would find something that big, but it is possible to see examples of that in the world, so investing into a startup is not a bad idea as long as you find one that doesn't go bankrupt.

It would be smarter to eventually find something that will make it better for you on the long run, and if you could do that then you would be able to do everything you could do. The best version of this would be just finding an AI company these days, very tough to invest, but could be good in the future.

Sometimes it is easy to tell and advise other people about business, but when we dive directly into the business in question, the expected level of achievement may not be appropriate. The success of a business depends on the owner, they try hard, never give up and always pray (for good) so that their business is successful. The processes or stages definitely differ from one to another, but the business concept is basically the same.

Currently, many business ideas are emerging, including those related to crypto. Continuous technological advances open many avenues for anyone, but they must understand the risk limits of each different idea. Don't target big profits, but start from something small and make it something big.

I will choose to do both. I have learned the importance of diversifying my investments, which I currently do, I have decided to open a business while also investing in other areas. This way, if I happen to lose one investment, I will have another source of income to rely on. In case of any financial issues, I will prioritize one investment at a time. Once my small business is up and running successfully, I plan to move on to another investment instead of immediately increasing my capital in the current one.

The correct answer depends on many factors.

Your age, your expectations from life, the amount of money we are talking about, the taxation laws in your country, your country of residence, your ability to access global financial markets, you experience in investing, your experience as a business owner, the type of business you want to start...

See? The answer to your main question probably changes a lot when you answer these secondary questions one by one.

What are the details? What is the budget?

You can start a business with a laptop and some freeware. Write blog posts or code applications. That's a business.

Or, you can become a franchise of McDonald's and that will roughly cost you


Investing and living of passive income is a whole something else. Don't even get me started.

It's okay to start with zero experience in having a business. That's how you'll learn from it and you just expect not that much apart from learning experiences. If you're able to survive and manage that business you are establishing successful, that's just a bonus and that only means that you're ready to take another bold step into starting a business.

That's right, we need to do and try it because we will never know if we are for business or entrepreneurship and this is what stopping a lot of people. The fear of failing because no successful person that have not experienced failures and mistakes. It is part of success and you shouldn't fear to fail. But, I understand that there are people that are not really for owning a business.

I've seen businessmen that have been swinging like for a decade based on their statements and that's fine until the next succeeding years were good and stable. You'll never know how long you'll be able to get up and establish it until it becomes stable and that's why before entering one, you need to have a strong heart and passion for it to last.

Not everyone can build investments at the same time by investing and if you can do this well then this will be very good and you will be able to achieve financial freedom because you can get two sources of income which can guarantee your needs and requirements, of course this will It really makes it easier for you to live your life, prioritizing an area is not a problem and this will allow us to focus on an area so that we can run it well and once it is running well this will enable you to have a plan to try investing.

I would rather invest considering my financial capacity which would determine if I would eliminate some risks or I should head over the risks that comes out of it.
This is like setting up gambling budgets dependently according to my incomes and financial capacity so that I could either have my emotions under control regarding on the affordable amounts that is fit in to loose or not undermining the risks involved and just get on and indulge on it as a fact of being Irresponsible to my own own Indulgences.

Both have their good and bad sides, investing early on a new entrepreneurship can bring you a lot of money, and in a way it is the same that those that are looking for new altcoins are trying to accomplish, but this is too risky and the chances of success are not high, however if you invest your money in a business that is not really innovative but that solves an established problem, then you can make good money with it, even if you will not become incredibly rich by doing so.

Uhmmm, how about expanding the current business you are running successfully? Isn't that a wiser idea rather than venturing to another business model/niche that bears another new risk which basically you are starting from the scratch for becoming an entrepreneur? I mean we are not talking investments like stock, crypto, and anything like these, we're talking about business. When you are successful in the current business model that you have, it would most probably make a name in the market and people from different areas would likely to visit your business establishment, thus expanding it by creating another branch is as good if not better as diversifying your investments.

Entrepreneurship, huh? Not just a fancy name for risk-takers; innovation's frontline. Indeed, entrepreneurs generate opportunities as well as address problems. Investors in entrepreneurship? That's betting on a revolution, not a company. Risky, but what isn't?

Let's discuss small business vs. entrepreneurship. Compare a rowboat to a yacht. One crosses ponds, the other oceans. Your safe bet, purchasing and selling? Yes, the rowboat. Not groundbreaking, but necessary. However, entrepreneurs construct yachts. They redefine the market, not merely navigate it.

Where would I invest? I'd back game-changers, risk-takers, and entrepreneurs. Why? Because they're rewriting the rules, not just playing. Real advancement happens there in this planet.

Those that are capable to do all of it are great people. I can't even do all of it, I am not sure if I can start my own startup and that's why I just want to be an investor. Having a business sounds great but you know the effort of it will take a lot from you. Coming from money, time, focus and effort, all of them are going to be required if you want your business to be successful and thriving. People might think that you're going to do less with a business but no. You'll even be the one to be the initiator of being everything on it as a role model.

I do agree that any new business that tries to tackle a problem either in a new way, or for the first time, could make a lot of money. Some companies sees a problem that nobody else sees or makes a product for, and they just make a product for it, be the first in the market that solves that problem and they make money that way. Some end up solving the same problem that many products solved before, but they solve it a better way, like scrub daddy, been around for hundreds of years, and they just made it a lot better.

So over all, I think if you tackle a problem then you are going to make some money, it is not like "lets start a pizza shop", sure that sounds lovely but that also doesn't mean that we could profit from it.

Both business and entrepreneurship play an important role in the socio-economic development and economic prosperity of a country. Although business and entrepreneurship seem similar on the surface, there are some subtle differences between them which are outlined below through definitions.
First, let's define trader, Business is all the activities of producing goods and services and creating utilities to meet the material and immaterial needs of people to make a profit.
Entrepreneurs perform the same activities as businesses, but they have another distinctive quality that differentiates entrepreneurs from businesses, which is to do something new.

For example, the soft drink business. That is a person who, to make a profit brings some types of soft drinks from the producer and sells them to the consumer.
An entrepreneur, on the other hand, is a person who collects discarded soft drink bottles for an environmental purpose and produces bottles again through recycling for profit.

The function and aim are the same, but the form of establishment is different because, if we are to look at it on another level, entrepreneurs duel from a fresh idea most times, and that is why the word social is always involved while business is mostly developed on an already existing idea. That is why there are social entrepreneurs whose aim is to solve a particular societal problem, and if it were in a situation where we have a lot of social enraptures, then we would not be having a problem with our economy because there are too many dependencies on the government and most of the policies are not in the favor of the people.

Starting with employment, they would have just channeled that energy into either starting a business or making themselves useful, and the hardship is just too much in this country. And even if you want to start up a business, you need to know if it will solve a problem or not. If it solves a problem, then you will make money because, if you do a study, most business owners are solving a problem.

Smart risk-taking is what separates successful entrepreneurs from the pack. It's about identifying potential pitfalls, quantifying their impact, and developing strategies to mitigate them. It's not about blindly jumping in, but about making informed decisions based on thorough research, market analysis, and understanding your own strengths and limitations. While investing can be a safer option, it's not without its own risks. Market fluctuations, unforeseen circumstances, and even bad management can lead to losses. The key is diversification and understanding the risk profile of each investment.

Passion and innovation often thrive in the face of risk. Sometimes, the most groundbreaking ideas come from those who dare to venture into uncharted territory. It's not just about the profit; it's about building something meaningful, solving a problem, or making a difference. So, the real question isn't "avoid risk or invest?" It's "how can I manage risk effectively to pursue my entrepreneurial dream, or choose investments that align with my risk tolerance and financial goals?"

All things involving money must always be adjusted to our individual abilities and that's not just in things like investment and gambling. But in other matters, such as broader business, it must also be adjusted to our personal abilities and scope so that emotional control can be more easily maintained and the pressure of risk will also be more borne by ourselves without blaming anyone. And you have also made steps that are quite suitable for that because you also made adjustments to your own abilities without feeling greedy in it.

Whether entrepreneurship or business,  none is really easy, it takes lots of hardwork to be successful in both. Whatever option one would be going for, it should be the one their strength can carry, your choice should be based on your financial,  emotional and even physical capability and not because you feel it will be accepted by the people and it has the potential of giving you lots of money or the next person is doing it and it seems lucrative. A proper understanding of the project you intend to invest your money in will save you lots of issues

It is really discouraging starting up something you cannot finish. Apart from the emotional hurt, all your time and other resources of value you invested into that business or project will be lost. Having a good knowledge of whatever we intend to venture into will help make our job easier as it will be very easy for us to device strategies that will help us defeat challenges.

An entrepreneur will always be able to create opportunities and take advantage of existing opportunities, no matter how small they are. They dare to take risks amidst existing difficulties. The never-give-up mentality that they have can really lead them to the gates of success and be able to generate profits from the efforts they make. And when he encounters a failure, he is able to turn the failure into a valuable lesson, turning the failure as a stepping stone to move further than before. And this kind of mentality and ability are rarely possessed by many people.


But when others deemed his actions as unattainable, he saw it as an opportunity to showcase his determination and unwavering faith. And while others are still pondering, he has already taken bold steps.
They have mastered the art of managing finances and time because they understand that without good management, it would be hard to attain their predetermined goals.

Actually, I prefer to choose a small risk, and choose to start a small business while trying to expand the business. However, I will take the risk if I see that the opportunity is big enough to generate additional profits, that's why I still make cryptocurrency one of my focuses to date. Apart from that, I still try to run a business and develop it. However, the risks I take from other opportunities I see, I will make sure that they will not have an effect on my life or the business I run.

Many new traders have this problem, they conduct themselves as if they are expert traders and they try to perform the same movements they would do, forgetting they are nowhere near their level of skill, so any attempt to do this will result in nothing but a cheap imitation and poor results, however instead of accepting the reality and change the way they behave, they prefer to keep with the charade going on and lose amounts of money that are impossible for them to recover.

It's not that easy buddy.
I have been planning for a while to start some business and most of the time I failed. I had a mobile accessories shop in our village market. But, it failed due to COVID-19 and some other issues. I had to pack up everything and go back home. A couple of thousand dollars was wasted.  Then I started to think of building a cow farm and I started it as well. But, just because I didn't know how to maintain everything and what to feed and when to feed, my cow's growth wasn't enough. It wasn't a loss project, but I am still struggling with this one.

Very recently, I started another business of Computer spare parts, Mobile accessories, Electrics, a Studio, and a printing shop. I don't know what will happen this time. But, let's hope I will be able to success this time.

This must happen based on consideration and making decisions on business development or investment must be based on one's own abilities.
Some people do not have the skills to develop a business and instead they are more ready to take risks in investment. When talking about opportunities, there are many risks that will come your way.
I prefer to develop investment potential rather than doing business because developing a business is not easy enough to do because there is a lot of competition that we need to face.

Failure, though difficult, is part of the journey. Definitely had your share. Starting anew is brave. Entering business without knowledge is like sailing without a compass. Your cattle farm experience proved it. Knowledge and error-learning are crucial. New venture? Its multi-business strategy is ambitious. The computer spare parts, mobile accessories, electrics, studio, and printing shop industries require different talents and market knowledge. Planning is necessary for success. Market research, client insight, and research are essential. Stay focused; focus helps

Resilience is respectable, but not enough. Do your research, get guidance, and focus on what you can control. Keeping and expanding businesses is just as important as establishing them. Focus your strategy now that you have the spirit

I can't mention any invest with zero risk even the little business most people start with little capital can still fail if there's no proper care and attention, most people are not even scared with the risk and sometimes considering the risk involve is the best, just because you have the money you can't just go for some random investment that lacks profits. Everyone wants something profitable and at the same time everything that involves money has to do with risk. Starting something new is also good if only you know the requirements and after building a business establishing the business should be the next move, an entrepreneur must not be scared to create something new regardless the risk, I believe entrepreneurs are trained to withstand all form of risk regardless. But in my opinion I will first consider the risk involved first

Simplifying the two meanings of the sentences business and entrepreneurship. Business is an activity and entrepreneurship is a skill. Because both are at risk, I don't want to do work without taking into account the big and small risks.
It is better to do something that is based on knowledge or understanding of risks and opportunities such as the SWOT concept.

Running a business without the skills that can support success in seeking profit is not an alternative that is worth trying.
So the choice is better to take advantage of the opportunity on something that is safe or has less risk even though the time to get to the destination is a little slower.

Like investing in Bitcoin assets, preferring the long term rather than the short term, although in the short term process it is possible to get profits more quickly.

To be honest, I didn't do any marketing when I first opened my business. I didn't do it because I live in a village side and most people are just common faces here. They will eventually find that there is a shop. Most people do not research before they start their business and I made the same mistake. I just heard some opinions from some shop owners and I went ahead to start a business.

My luck was bad because as soon as I started my business, Covid was spreading everywhere and I had to shut down my shop as well. But, this time I am with more investment and more products. I had to plan to open a all in one super shop, but I need a huge fund for that. So, I started what I said in my previous post.

This is also caused by two aspects that basically new traders have at this time, the first is because of the prestige caused by their own feelings because they may have said themselves as an expert to other people. And the second is by reason of seeking experience through trading so that they don't feel troubled when they experience a loss and can't get their money back. Even though inside their little hearts they are very tight and really want their money back, but because of these two things it seems as if they are calm enough to face this.

It's true that there are a lot of people who do the right thing or the wrong thing based on their emotions and that's what matters. People who follow their emotions will end up making a loss most of the time and people who ignore their emotions, doesn't mean they do not feel anything, just ignores the feelings that they have, often makes a lot of profit. If you could study how to trade and also gain experience on it as well, it's clear that they are going to make a lot of money as well.

These are all important stuff and should be very beneficial for them. There is nothing that can be gained by letting your emotions run your trading because that will almost always result with you losing money, it would be rare to get your emotions help you with profiting.

If you ask about business or investment first, it's definitely business first, but it all depends, so the meaning here depends on your financial aspects. For me, if we work as employees, if we have more income, we can immediately invest because investment is mandatory. So if we want to build a business and if the business can run well and there is still cash that is running well, it would be good if we had a little left over for investment without having to interfere with the financial aspects of your business. Because investing is easy if we have unused money, you could say the choice depends on the condition of our money. The point is to have capital you have to have a business or job, then have money and then invest.

Yeah, one needs a stable income to be able to do some the investment stuffs, for one to think about diversification he or she must think of the incoming incomes before embarking on such journey, a good and sustainable investment needs to be tampered with, what do I mean, even though you finally open up a Business, you are not suppose to be using the profits at the onset to take care personally needs, you have to allow the business grow a bit before you can use money from their for other purposes, this is the problem with many people, they don't think about there decision twice before coming out with a concrete solution.

Talking about business or entrepreneurship is easy, easy, easy, because entrepreneurship is a job that someone does professionally in the business world, that person has a positive mentality who tries above their abilities, and they are brave people who are able to accept any risk by investing large amounts. there are many, and they dare to risk their time to achieve the success of a business they founded and dream of, because if we talk about entrepreneurship, then we are able to take steps forward carefully, accurately and consistently, then we will have an easy future, we are brave and confident of good things in the future, then keep fighting to reach a safe point and hopefully we will have the mental toughness to be at that point, the point of success in the business world.

Even the most meticulously planned projects can fail. Even "tangible" ideas can run into unforeseen obstacles, market shifts, or simply not resonate with the audience you envisioned. Instead of focusing solely on maximizing potential returns, consider balancing risk and reward based on your personal tolerance and goals. Are you comfortable with the possibility of losing a significant chunk of your investment? Or are you more inclined towards steadier, lower-growth options that offer more security?

Regardless of the path you choose, thorough research and knowledge are your best weapons. Whether you're investing in existing businesses, starting your own venture, or supporting someone else's project, understanding the market, competition, and potential pitfalls is crucial. Don't just rely on gut feeling or hype – dig deep and educate yourself. Building wealth and achieving success is a journey, not a sprint. There will be ups and downs, wins and losses. The key is to learn from your experiences, adapt to changing circumstances, and stay focused on your long-term goals.

That is a tricky question, because creating your own company is going to be a lot of work and time. Without the proper mindset, business idea and funding the company is not going to succeed and we will likely just lose our initial investment. Investing in someone else's company is a much safer option which will pay off in the long run as well. At the moment I don't have a business idea myself, even if I had a lot of money to open whatever business I want, I would be struggling to find an area where I could make a lot of money. A new company needs to be more competitive that the existing ones in that field to succeed long term. Just opening up a company because we like the business idea is not going to be enough. Having an advantage over the competition is important, we should be making something new, or better than the existing products.

Right, if I get an opportunity to start a business then I will definitely invest in it. Because it is better than doing a job. Through a business, one can implement his talent properly which is not possible in a job. Starting a business is not an easy task, a lot of risks are involved. If anyone is ready to take those risks then he should start the business otherwise it's not work. Though there are some risks over than that it is very much effective to do business. and for a side income, I always prefer to invest in cryptocurrency, i always prefer the quote invest on crypto market what you afford to lose.

Starting your own business can be like falling into a shark tank,  exciting but deadly. However, if you do your schoolwork on time, know your capabilities, and have an effective business plan, those predators can become swimming helpers.

Creative business owners can identify a problem and provide a solution that people are prepared to pay for. Sure, it's about making money, but it's also about starting something new and helping others along the way.

When it comes to investing, there is there is no one-size Some people require specific materials and a lot of patience.

Starting a business or investing on the markets is not for everyone, without a doubt the benefits for those that succeed can be great, but this comes accompanied with severe risks, as the majority of the business that are created fail in less than a few years and the same is true for investors and traders, so for a lot of people the best option they have available is to simply work hard at their jobs and save whatever money they can during the time they are employed.

I don’t think there is any business or investment without risk (no pain no gain), it takes the brave hearted to take the bold step of either investing or owning a business.
For me I’d rather own a business of my own and bear any risk that comes,without pushing out blames on anyone knowing I run the business and the strategies I run it with comes from me. It will be more bearable for me because some how I have trust issues.
I practically don’t know if it’s just nice like that but that’s my opinion if any one would advice me too on this then it will be appreciated…

It is a great characteristic of an entrepreneur to do business activities by exploiting any adverse social situation to achieve profit. This seems to me to be a very big and important strategy for their business. In many countries including our policies that favor entrepreneurship and small business is very difficult. This means that all these small businesses and entrepreneurs have to overcome many challenges.
Yes to start a business, a businessman has to be aware of many things, i.e. he has to keep in mind the utility he has to consider the environment he has to work the adequacy of goods and services the adequacy of raw materials good infrastructure past benefits many things including the ability to invest.

If I have the money I would rather go into business and start something that will be profitable and it must be a business that you understand and know very because if you go into a business ventures that you don't know very well you may run into loose

Everything that allows for profit has risks, so I don't think that should be a barrier for us not to do it.
If you just save, you won't get anything and that's a detrimental thing in my opinion.
We can minimize risk by learning about the business or investment that we do and that makes it possible for us to make a profit if we can do it right.

That's not a bad thing, because everyone's thoughts are different. If perhaps they have parents who own many businesses, then maybe they don't want the hassle of starting their business from scratch, they can ask for a business that is already run by their parents. and others like you who prefer to start a small business while developing the business, and I think you are the type of person who is a pioneer and I don't think that's bad. There are people who say "we are pioneers, not heirs." I think this is said by people who run businesses gradually and that sentence may be an encouragement in itself.

We must have the courage to move forward to be successful, including the actions we take on the business we run. sometimes we have to take risks because there is no other way, in my opinion this is only natural, because with business or business we have to be able to do our best, just like taking risks, before taking action we have to be able to do it. consider it first, even though sometimes we have to take risky actions, that doesn't mean we have to do it without considering it, of course, even so, we have to be able to consider everything well to avoid losses.

Although entrepreneur and businessman are not the same, they are compared in the same category.  Entrepreneurs come up with innovative ideas for new business. They express their creativity. They take new initiatives. But after taking the initiative, they trade in the market through that thought. And traders invest their money in a particular business. And trade accordingly.  There is a possibility of loss for both people here.

I agree with what you say, with every risk we will face, of course there will be benefits that we will get and if we consider this as a barrier, of course we don't really understand the risks we will face and it's better for us to go back. study it to be able to understand it well, when we understand it of course we will have the courage to try to start a business or investment that can give us profits if we can run it well.

Yeah, most of the time people get money in their hands but they don't know the proper way of using that money. They waste it here and there because they lack planning and expertise in any field. Still, if a person has already planned everything, has always been eager to start a certain business that they know a lot about, and has thought everything through, they would get right into it as soon as they get enough money in hand and such people are the ones who tend to get success in their lives.

However, as they say, the higher the risk, the higher the reward. So, maybe sometimes one should take some risks with money that they know they can afford to lose just to see if they can get success in a certain field which has a lot of risk of also have the potential to provide great profit upon success.

As a man who likes to play things safe, or at the very least know what I'm signing into before I write my name on the pad, I see myself as someone who wouldn't flourish in the world of Entrepreneurship. The thing is that, for you to even have the most remote chance of ever making it into that venture, you have to have some balls of steel to keep going despite bad sales, bad product reviews, etc., and continuously improve upon your product, and the way you present it to the public. Add to this the fact that even if what you're selling is an essential, you have to make them realize that they need it, you can't just sell it and expect people who require it would buy from you straight up since people choose comfort over new experiences. And for these reasons alone, do I say I'm not cut out to be an entrepreneur.

As a businessman however, I have great chance, I know the ins and outs of running a business since I made a couple of those in the past to support my schooling, I know the risks you can and should take and have made calculated decisions in the past which I know will make me a great businessman. Plus, you don't have to reinvent the wheel to be successful in the business industry, all you really need to do is present your product way better than other businesses, and let the whole thing play itself out.

So all the way, my answer is business over entrepreneurship.

I guess the two are very good for someone to use to grow financially in the future, but if they ask me to choose one to invest, I will prefer business because you can invest a huge amount of money in business and within some months or years you will recover the money you used to start the business and still have money in your bank account to invest in other assets that will continue increasing your money.

When you succeed to create your own business, you will surely become the director of the business and, nobody will be controlling you on what to do to earn salary but you will be in charge to be paying your workers salary because you are the one that employed them in that business.

Both of them are crucial, but they have different goals. Businesses always want to make money, but entrepreneurs are more interested in finding solutions to problems than in making money. In fact, sometimes they don't even use their own funds; instead, they look for investors, and while they work to solve problems, they end up making money.  This indicates that making a profit now involves a different method. Everyone will choose business because, among other reasons, it is easier to turn a profit from it than from entrepreneurship. Although each has advantages, you still need to try to make the process work and have faith in it.

If you don't, everything will eventually perish. Anyone have anything in mind should give it a try.

Really depends on the business that you are going to put up, we really don't know if you will have a good return in months or years, there is still that element of risk involved. I don't know the numbers, but there are businesses that fail in the first year alone. There are also competitions that you have to look whether your business is online or offline.

That is the good thing about having your own business though or becoming a entrepreneur, time is in your hand. But it doesn't mean that you will not work as hard as when you have your 9-5 job. You really need to double and spend more time now as you are the boss. You have to think about your business and how to grow it. So both investment and being a being businessman entails responsibilities.

You're not sure about having a business, it sounds easy to manage one but the struggle is real when you're the sole owner of the business and you have to grow it on your own with various methods and techniques. Yes, you have money to invest as a capital for starting a business but that's not how it goes as it's not going to be an easy path. But once you set it up and you're on a roll and the business is moving on its own with the system you've established, you're for sure going to make it.

That sounds good when you have that position but behind that, most of them that are into that top position have gone through a lot, thick and thin. Failures and successes, sweat and blood are mixing all together.

That's true, indeed both are good, especially if we can do both, myself, if we have more than enough finances and have good knowledge then I will choose a business that leads to investment, as you explained about investment which can be profitable too. and with my finances good or stable, I will not waste it, I will do everything that can be profitable, whether it is business, investment, or entrepreneurship. as long as I can handle it well then I will pursue it.

When the business we run can be said to be successful then of course we need more energy, such as recruiting other people to help run our business, and as you said, of course with that we have to be able to take more responsibility, managing income and managing expenses must be determined. , because when we have workers we have to be able to manage finances well for those who have to get a salary from their work which helps us in running the business.

So that's right, being a business owner or being the boss in the business we work in doesn't mean we will be more relaxed, I mean maybe we won't work relying on our energy, but we will definitely be required to work hard relying on our minds. We must have a plan to continue to develop the business we run and continue to think about maintaining our business.
Good management is something that we must master, and this is not only managing ourselves, but we also have to manage the employees we employ. That is one thing that is not easy, especially as it concerns many people.
In my opinion, working by relying on the mind will be more difficult than relying on energy. Maybe we don't need to sweat, but we are required to think hard to maintain our business.

As the owner of a business, you’re answerable to no one. That is, no one in your business or organization. I think if a business wants to grow, even the owner would be answerable to the whims and desires of paying customers. As the owner of a business, you’ll have to work harder than any of your staff to make your business a success. Obviously, you’ll employ a staff to help get things done faster but you’ll still have to oversee things generally so they won’t run into problems that should have been ordinarily avoidable.

It isn’t all easy and rosy as the CEO of an organization(the pay actually is rosy) as they’ve got to create new policies that would continually improve and grow the business.

Who would have thought that business owners have no responsibility to anyone. Even though you have full control over the business or company that you manage or lead, you still have responsibilities both to yourself and to the company and the employees you employ. unless you only have a small business that doesn't involve many people. When you are a boss who owns a business or company that is quite large and involves many people or workers, then you will be the last person to receive a salary or profit from the business you own. because before the money goes into your personal pocket, you must first meet and pay wages to the employees you employ.

Everything is not as easy as we imagine, but no matter how and no matter how difficult it is, we must keep moving forward and try to create a business and take advantage of every opportunity that comes. because in fact living under someone's index finger is more tiring and painful. Therefore, become an entrepreneur or businessman, because no matter how small the business you manage, you are still the boss.

Yes, that's right, having a business or being a boss of course has to be utilized, such as thinking about ways to make the business grow more or even opening other businesses that can be done, because of course business will not always be smooth, there will definitely be problems that occur and they must be overcome. well. Being a boss is certainly not easy, because we have to be able to manage finances well. because of course we will have employees who help run our business and with that we must be able to pay them with wages in exchange for their labor.

It's true what you said, working using your mind more is more difficult than your energy, because there are times when we can get stressed if we think too much about work all the time, and if we force it, it won't be good, it's likely that only chaos will happen or work with less results. Good. I have a friend who works as a web developer, I see the way he works using a laptop is very complicated, I don't know what's on his laptop monitor but it really makes me dizzy to see it and when I see that I prefer to work using energy, not thought.

Entrepreneurship is more of using or utilizing resources and coming up with innovation unlike with businesses which are often with existing ideas and improvements. But these are just definitions of the words. A better question is which would work more on your shoe? Well, that depends on your skills and resources as an individual. Nothing's better than the other it is always what would work better if you are to start something.
Another angle I guess is longevity of the 'output'. Businesses are meant to exist on a lifetime while entrepreneurship is understood to be temporary and most of the time, short term due to advancements an entrepreneur will be doing to seek for the best as one's goal. Entrepreneurship is something that would start based on environment and present situations whil with businesses, there are times improving what exists would be enough to have your own pathway.

"An entrepreneur can become a businessman, but a businessman cannot necessarily become an entrepreneur."

Entrepreneurship, at its core, involves the ability to innovate. It requires daring to take risks and possessing a sense of adventure, allowing one to launch a business with nothing but an idea or uncover opportunities within untapped markets, thus generating fresh value. In the meantime, a businessman is a person who may be more concentrated on the organization and running of the already set-up company. Their priority could be to take over or acquire a business that has been operational with clearly set structures and policies. Entrepreneurs usually tend to concentrate on lower risks, higher returns, process efficiency maximization, and the stability continuation of business operations.

While it is true that a person can transition from being an entrepreneur to becoming a businessman by managing an established business, not all businessmen possess the necessary entrepreneurial traits or skills to initiate a new venture or deal with uncertainties. This is the reason why an entrepreneur can turn into a businessman, but not vice versa.