Entrepreneur vs Manager in a Business


An entrepreneur and a manager are both important in a business but they can play very different roles. Often in a start-up, the entrepreneur is the manager, but as a business grows they usually hire managers and other staff to help run their operations so they can focus on the longer term strategy for the business.


ENTREPRENEUR


Sets up the business and drives it forward with a clear vision for where it is going.


Always looking for new ways to do things and open to change.


Willing to try new things even if they might not work out.


Shares their vision and passion for the business to inspire staff.


VS MANAGER


Role in the business


Organises the people and resources needed to keep the business running day to day.


Idea Generation Risk taking


Aims to minimise uncertainty and keep the business running consistently.


Impact on employees


The Impact Of Entrepreneurs


Overall entrepreneurs have a big impact on their business and the world around them. The government encourages entrepreneurship through the Local Enterprise Office and Enterprise Ireland, offering grants and supports to help people set up new businesses.


Impact in an organisation


Impact on society


The entrepreneur sets the vision, makes the big decisions and drives the business forward, especially in the early days.


They create products and services that improve people's lives. They can also support local communities through the jobs they create. They can sponsor local teams and community initiatives. Social enterprises can try to solve ethical or environmental problems.


Impact on the economy


Successful businesses pay tax such as Corporation Tax and VAT. Their employees pay PAYE. These tax revenues help fund public services to help improve health and education.


Entrepreneurs also drive innovation and inspire others to start their own business.


158 2


Gives staff clear roles and checks that the work is getting done.


Focuses on making the current plan work and keeping things stable.


STRAND 2


CHAPTER 15: Being an entrepreneur


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