What is the diffirence between an entrepreneur and a sole trader?

Posted by admin on Aug 23, 2008 in Small Business |
Entrepreneur
chappychain18 asked:


Are they the same or they are just similar?

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1 Comment

Rupert W
Aug 23, 2008 at 9:27 pm

Entrepreneur is hard to define but certainly the best aren’t sole traders, they run huge companies. Entrepreneurs tend to redefine a business, a market, a sector and make big money at it.

Dabblers on the otherhand call themselves entrepreneurs, run a business that only they work in and constantly have to change their product to make money. Flexibility is their stock in trade but true entrepreneurs they are not, they follow trends rather than create them.

To them being entrepreneurial means not working for anyone else and living off their wits. A true entrepreneur acts at a much bigger level and is truely a business man and a risk taker.

Sorry guys you know I’m telling the truth.


 

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