Entrepreneurial behaviour can be seen in various areas like sports, music, solidarity, etc. just to mention a few. In this context we have to focus on the business style entrepreneur to enable the comparison with the manager.
But what exactly does an entrepreneur and which characteristics he fits? Thereby even experts despair at the question what exactly makes an entrepreneur successful und which lacks leave him fail. "Entrepreneurship is an extremely topical subject. The concept of entrepreneurship is useful, however, only if it is careful defined. It is sometimes suggested that entrepreneurship is to be found mainly in high-technology industries or in owner-managed firms," but if we look in history entrepreneurs can be found in every branch. Moreover it would point out that an entrepreneurs is not just another manager, but a business owner. Otherwise it would lack concrete information about the differences between these two kinds of business leaders.
"I am often asked what it is to be an ′entrepreneur′ and there is no simple answer. It is clear that successful entrepreneurs are vital for a healthy and competitive economy. If you look around you, most of the largest companies have their foundations in one or two individuals who have the determination to turn a vision into reality." (Richard Branson, 1995)
Even one of the greatest entrepreneurs of the last century does not have a concrete definition or explanation about entrepreneurship. Therefore we need to evaluate firstly which components influence persons to be entrepreneurs or managers.
"Certainly, internationally we can see that many of today′s dominant corporations, have been spawned by individuals with vision and, importantly, the commitment to turn that vision into a reality. What they have in common is that they saw an opportunity, commercialised it, and in the process created wealth and jobs that, hopefully, benefit the rest of the society. Such entrepreneurs are people who have the courage and self-belief to turn their own dreams into realities. Furthermore, they permeate all levels of society and every walk of life."
Inhaltsverzeichnis (Table of Contents)
- Introduction
- Entrepreneur Life Cycle
- Education
- Employment
- Self-employment
- Leadership
- Retirement
- Manager Life Cycle
- Comparison of Task's
- Comparison of Skills
- Environmental Influences
- Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This paper aims to analyze the similarities and differences between entrepreneurs and managers, arguing that entrepreneurs are simply a particularly effective type of manager. It explores the life cycles of both entrepreneurs and managers, highlighting the key stages and required skills at each point. The paper also delves into the environmental influences that shape entrepreneurial behavior.
- Comparison of entrepreneurial and managerial life cycles
- Analysis of essential skills and tasks required for entrepreneurial and managerial success
- Examination of environmental factors influencing entrepreneurial behavior
- Evaluation of the relationship between entrepreneurship and business management
- Exploration of the role of entrepreneurs in economic and societal development
Zusammenfassung der Kapitel (Chapter Summaries)
The introduction lays out the scope of the paper, defining entrepreneurship and its significance in economic growth. The Entrepreneur Life Cycle chapter explores the different stages of an entrepreneur's career, from education to retirement, highlighting the importance of experience, flexibility, and leadership skills. The Manager Life Cycle chapter examines the various roles and responsibilities of managers throughout their careers, emphasizing the similarities and differences with entrepreneurial roles. Subsequent chapters delve into a detailed comparison of the tasks and skills required for entrepreneurial and managerial success, considering environmental influences such as business culture and societal expectations.
Schlüsselwörter (Keywords)
This paper focuses on the key concepts of entrepreneurship, management, life cycle, skills, tasks, environmental influences, business culture, and economic development. It explores the characteristics and behaviors of both entrepreneurs and managers, comparing their roles and contributions to business growth and societal advancement.
- Arbeit zitieren
- Oliver Weimann (Autor:in), 2001, The Entrepreneur is just another Manager - albeit a very effective one, München, GRIN Verlag, https://www.grin.com/document/4536
