Difference between Businessman and Entrepreneur

Who is an Entrepreneur?

Basis	Businessman	Entrepreneur
Meaning	A businessman is an individual who establishes a business with an old idea.	An entrepreneur is an individual having a new and exclusive idea to establish something new.
Motive	A businessman’s motive is to earn profits.	An entrepreneur’s motive is to bring change to the world.
Nature	Businessmen are calculative in nature.	Entrepreneurs are innovative in nature.
Risk Factor	Businessmen do not want to take a risk or take low risk.	Entrepreneurs want to take more risks.
Goals	Businessmen focus on short-term profits.	Entrepreneurs focus on long-term profits.
Competition	Businessmen face high competition as there are already many other people doing the same business.	Entrepreneurs face low competition for the business since they enter a new market.
Position	Businessmen are market players.	Entrepreneurs are market creators.
Approach to Operate	Businessmen operate activities by using conventional methods.	Entrepreneurs operate activities using innovative methods.

Difference between Businessman and Entrepreneur

The two terms Businessman and Entrepreneur are used interchangeably but there exists major differences between both of them. A Businessman is someone who starts or operates a business with a business idea that already exists in the market whereas an Entrepreneur is an individual with an exclusive idea to initiate something new and to bring change into the world.