Difference Between Entrepreneur and Investor
The concepts of entrepreneur and investor are often confused. However, there are important differences between these two words. An entrepreneur is a person who produces a new business idea, takes risks and creates value to implement it. An investor is a person who believes in the entrepreneur's business idea, provides him with financial support and expects a dividend.
We can list the differences between entrepreneur and investor as follows:
- The entrepreneur finds and develops the business idea himself. The investor learns and evaluates the business idea from the entrepreneur.
- The entrepreneur spends time, effort and money to bring his business idea to life. The investor supports the entrepreneur by investing money in the business idea.
- The entrepreneur takes responsibility and decides for the success of the business idea. The investor advises and supervises the entrepreneur to ensure the success of the business idea.
- The entrepreneur experiences both material and moral satisfaction if his business idea is successful. The investor, on the other hand, gains financial gain if the business idea is successful.
These differences between the entrepreneur and the investor also affect their relationships with each other. Working harmoniously between the entrepreneur and the investor increases the success of the business idea. Therefore, the entrepreneur and the investor must act together on the basis of a common vision, trust and respect.
Understanding the differences between an entrepreneur and an investor can provide new perspectives to both entrepreneurs and investors. Entrepreneurs can clarify what they expect from investors and what they can offer. Investors, on the other hand, can determine how they can help entrepreneurs and add value. Thus, a healthier and more productive collaboration can emerge in the entrepreneurship ecosystem.