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Showing posts from November, 2021

We need more businesses than entrepreneurs

What is a business? According to Wikipedia ,  Business  is the activity of making one's living or making money by producing or buying and selling  products  (such as goods and services). What is entrepreneurship?  According to Wikipedia ,  Entrepreneurship  is the process of designing, launching, and running a new business, which is often initially a  small business .  The Relationship, According to Wikipedia , Relationship between small business and entrepreneurship The term "entrepreneur" is often conflated with the term "small business" or used interchangeably with this term. While most entrepreneurial ventures start out as a small business, not all small businesses are entrepreneurial in the strict sense of the term. Many small businesses are sole proprietor operations consisting solely of the owner—or they have a small number of employees—and many of these small businesses offer an existing product, process, or service and they do not aim at growth. I