How does an entrepreneur differ from an employee?

17 November, 2021

Check yourself.

Entrepreneurship is a way of thinking. If an employee of any company decides to start his own business, then, one way or another, he will be faced not only with an increase in responsibility but also with the need to rethink approaches to work.
Entrepreneur highlights several differences between an employee and an entrepreneur.

1.Entrepreneurs delegate, employees do everything themselves

Entrepreneurs know the value of their time and focus on what only they can do. Therefore, they try to delegate as much as possible, to entrust the employees with everything that is possible.

The opposite is true for workers. They try to do everything themselves and consider it a weakness when they cannot cope with everything. They try to know every aspect of the business. Manual “If you want it to be done right, do it yourself” is the employee’s mantra.

2.Entrepreneurs thrive on risk, and workers avoid it

If you ask many people with a worker mindset why they don’t start their own business, they will say that they need the security and stability of their day-to-day work.

But entrepreneurs take risks every day.

There is no reward without risk, and instead of scaring off entrepreneurs, this knowledge inspires them. An Austrian American scientist and management theorist Peter Drucker said: “Every time you see a successful business, be sure: someone once made a bold decision.”

3.Employees see experienced professionals as a threat. Entrepreneurs hire them

The strongest survives in the corporate jungle. If you are not the smartest, most connected, or the hardest working person in your department, then you are stuck at the bottom rung of the career ladder.

Consequently, employees are threatened by those who are smarter than them. They see smarter people as competitors.

And entrepreneurs hire these people. Therefore, any business needs smart specialists.

4.Entrepreneurs say no to opportunity; employees accept them

Warren Buffett said, “The difference between successful people and really successful people is that really successful people say no to almost everything.”

Entrepreneurs can say no to help them focus on the things that really matter. Employees say “yes” to many things, because they are afraid of losing the opportunity.