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Do Entrepreneurs and Business Managers need different skills to succeed?

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Question added by Marwa t
Date Posted: 2015/12/05
Adam Adam
by Adam Adam , Senior HR Specialist , Fawaz Al Otaibi Co

There are some shared  and common skills. However,  there  are also some differences. The Manager is a more specialized person in his/her field. On the other hand, the entrepreneur usually possesses a wide area of specialties. For example, the entrepreneur or a small business owner will have to deal with a different areas/sections within his business such as marketing, finance, customer care and HR. However, the manager, for example, the marketing manager will be only responsible for the marketing activities inside his section. 

In addition, the entrepreneurs are more risk takers and take more initiatives. On the other hand, Managers are more  constrained by rules and policies and superior/s approval. In another word, they have limited authority, unlike the entrepreneur. 

To summarize, a good manager doesn't necessarily make a good entrepreneur. There are definitely additional skills required in order  to be a successful entrepreneur. 

 

Sajid Hussain shah
by Sajid Hussain shah , Business Manager , AlFalah Business Group (Electronics & Home Appliances)

I follow shakila jayathilaka  Answers.

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