Why we need more entrepreneurs than managers
Last Updated: Mar 11, 2013
Why we need more entrepreneurs than managers
Why we need more entrepreneurs than managers
Entrepreneurs are risk-taking individuals or a group of individuals who come forward to make money while creating job opportunities for mass. The need for entrepreneurs is because of the greater mismanagement by managers in an enterprise.Why we need more entrepreneurs than managers because they have risk taking ability.
- Entrepreneur is an independent body where as managers are ruled by entrepreneurs. Independent bodies are always welcomed as they are much more creative and innovative.
- Encouraging entrepreneurship means encouraging more job opportunities. Managers provide service. But they can’t create services. Starting from a small private school to any govt. sector enterprises such as NTPC enterprises have created jobs in plenty.
- Entrepreneurs are more concerned for service satisfaction and not merely monetary need unlike managers.
- They are least corrupted as they have no one to cheat except themselves. But managers can avail all opportunities to get profit for themselves. Managers have less sense of belonging to the organization where as entrepreneurs are more dedicated.
- Entrepreneurs are expert in risk management and are daring to try new technologies. This is a silver line for corporate sector.
Now coming to managerial philanthropies, they are worthless unless they are invested for some enterprises. Jim Koch, founder of Samuel Adams (Boston Beer Company) reflected on his traditional managerial philanthropies as very uninspiring. Instead of giving money to non-profitable organizations they started making small business loans to small food, beverages, and hospitality business in South Boston. Koch believes that he has created job opportunities as well as having developed the long term socio-economic status of the people of S.Boston. Koch isn’t the only example but many other such entrepreneurs have embraced business as an alternative to non-profits for social investment.
Now when question arises as how to encourage entrepreneurship over managers then FDI is the best opportunity. Even the central government of India feels the thrust of enterprises. Undoubtedly FDI will bring in ample opportunities for Indians to trade with the foreign investment.
The only conflict with entrepreneurs is that they are less organized compared to managers. Even if an entrepreneur is very strong and innovative, the entire organization rests in the arms of the board of managers. A faulty board can out rule the entrepreneur.
This emerges as strength for managers. Therefore in the long run to bring success and development to the individuals in particular and the country in general, entrepreneurs should attain some managerial skills which will add feather to their cap.
The Topic is Open for discussion. Please comment to let us know of your views.
Tell us Your Queries, Suggestions and Feedback
46 Responses to Why we need more entrepreneurs than managers
« Top 100 Science Colleges in India Reservation in Promotions »
An entrepreneur is a person who takes risks, puts in effort & perseveres to achieve the end result. At the end he may be rewarded for his effort. He sets examples and shows other people that a certain thing can be achieved by being an example himself. A manager by virtue of his profession is normally assigned a particular task & assigned some resources. He has to complete the assignment with the constraints imposed on him.
A manager can be built with the degree only when an Entrepreneur can be making by experience and he can make as many managers under it which may again can become an entrepreneur.
Entrepreneurs are risk-taking individuals or a group of individuals who come forward to make money while creating job opportunities for mass. The need for entrepreneurs is because of the greater mismanagement by managers in an enterprise.
1. Entrepreneur is an hanging part of marketing where as managers are ruled by entrepreneurs. .
2. Encouraging entrepreneurship means encouraging more job opportunities. Managers provide service. But they can’t create services. Starting from a small private school to any govt. sector enterprises such as NTPC enterprises have created jobs in plenty.
3. Entrepreneurs are more concerned for service satisfaction and not merely monetary need unlike managers.
My conclusion would be that yes more Entrepreneur should be encouraged to take this job, in this regard some kind of opportunity should be provided and let them go after it, it is the risk taking feature which makes the distinction from a manager, and I believe this people are the only one which can achieve double digit GDP for India and maintain 6 percent growth rate.
HI!
Entrepreneurs or managers? Its an important area to be noticed as in this growing area of industries and cut throat competition we need to focus more on maximizing profits in a smart way rather than opting for a hard way. Entrepreneurs as we all know have innovative ideas and they come up with implementing their ides into reality. Hence they are smarter than the managers who work hard all day to maximizing profits. Entrepreneurs provide us with more and more job opportunities which is real important in a country like India. Entrepreneurs takes us to the different aspects of business as well as doing business with their innovative and visionary mind. Thus giving an add on to the business field. Moreover one should prefer being an employer than an employee himself which we can achieve by becoming an entrepreneur with our creative minds! Hence in schools and colleges too students should be encouraged to become an entrepreneur by holding several product making competitions which will invite several ideas at one place and proper guidance should be given to convert those ideas into reality! After all we need more entrepreneurs and their respective ideas rather than just a manager who acts as a mere servant to entrepreneurs!
Thanking you!
An entrepreneur is a person who takes risks, puts in effort & perseveres to achieve the end result. At the end he may be rewarded for his effort. He sets examples and shows other people that a certain thing can be achieved by being an example himself. A manager by virtue of his profession is normally assigned a particular task & assigned some resources. He has to complete the assignment with the constraints imposed on him.
An entrepreneur should be a good manager to manage his team & his resources. Managerial skills are essential for an entrepreneur to succeed.
A manager can be built with the degree only when an Entrepreneur can be making by experience and he can make as many managers under it which may again can become an entrepreneur.
My conclusion would be that yes more Entrepreneur should be encouraged to take this job, in this regard some kind of opportunity should be provided and let them go after it, it is the risk taking feature which makes the distinction from a manager, and I believe this people are the only one which can achieve double digit GDP for India and maintain 6 percent growth rate.
Its an important area to be noticed as in this growing area of industries and cut throat competition we need to focus more on maximizing profits in a smart way rather than opting for a hard way. Entrepreneurs as we all know have innovative ideas and they come up with implementing their ides into reality. Hence they are smarter than the managers who work hard all day to maximizing profits. Entrepreneurs provide us with more and more job opportunities which is real important in a country like India. Entrepreneurs takes us to the different aspects of business as well as doing business with their innovative and visionary mind. Thus giving an add on to the business field. Moreover one should prefer being an employer than an employee himself which we can achieve by becoming an entrepreneur with our creative minds! Hence in schools and colleges too students should be encouraged to become an entrepreneur by holding several product making competitions which will invite several ideas at one place and proper guidance should be given to convert those ideas into reality! After all we need more entrepreneurs and their respective ideas rather than just a manager who acts as a mere servant to entrepreneurs!
hi frind’s…
Let us first start by defining who an entrepreneur is. An entrepreneur is a person who takes risks, puts in effort & perseveres to achieve the end result. At the end he may be rewarded for his effort. He sets examples and shows other people that a certain thing can be achieved by being an example himself. A manager by virtue of his profession is normally assigned a particular task & assigned some resources. He has to complete the assignment with the constraints imposed on him.
An entrepreneur should be a good manager to manage his team & his resources. Managerial skills are essential for an entrepreneur to succeed.
A manager can be built with the degree only when an Entrepreneur can be making by experience and he can make as many managers under it which may again can become an entrepreneur.
My conclusion would be that yes more Entrepreneur should be encouraged to take this job, in this regard some kind of opportunity should be provided and let them go after it, it is the risk taking feature which makes the distinction from a manager, and I believe this people are the only one which can achieve double digit GDP for India and maintain 6 percent growth rate.
I agree that both entrepreneurs and managers are equally important for a firm to flourish. But the discussion here is not about deciding who is superior to the other, it is about whether do we(Indians) need more entrepreneurs than managers in current scenario? I would say YES.
The two main issues of concern for the transition of Indian from developing to developed are poverty and unemployment. The only way to alleviate them is by creating opportunities. So the need of the hour is to have more people who create opportunities i.e entrepreneurs rather than managers as they are mere job seekers.
The other issue of concern is ‘brain drain’. Even though India has been one of the best producers of intellectual minds in the world it has not been utilizing them for its growth. Again main reason for this is lack of opportunities which meet the standards of intellectuals.
So I would say we need more entrepreneurs who gives life to ideas and materializes the dreams.
enterpreneurs are those which work for some organisation & organisation also prmote how they work for that.
Entrepreneurs are risk-taking individuals or a group of individuals who come forward to make money while creating job opportunities for mass. The need for entrepreneurs is because of the greater mismanagement by managers in an enterprise.
1. Entrepreneur is an hanging part of marketing where as managers are ruled by entrepreneurs. .
2. Encouraging entrepreneurship means encouraging more job opportunities. Managers provide service. But they can’t create services. Starting from a small private school to any govt. sector enterprises such as NTPC enterprises have created jobs in plenty.
3. Entrepreneurs are more concerned for service satisfaction and not merely monetary need unlike managers.
Entrepreneur is the one who rule over Managers,it a person who takes risk and and responsible for others progress also,he take decisions and then make their decision correct by proving them,also the are good managers also so we need more Entrepreneur them mangers because a manager will become a good Entrepreneur is not sure.
Entrepreneur is a person who can make fast decisions and he is the one who is responsible for its outcome whereas manager is a person who manages the overall process takes place in the company.
As in India there are to many companies which lacks good managers due to which company gets crashed.So India needs good entrepreneur but better managers to manage there company………
thank you!!!!
😀 😀 😀
today’s time we need more ENTREPRENEUR than managers because they affect the entire economy of the country they are self dependent.Entrepreneur is a person who can make fast decisions and he is the one who is responsible for its outcome.
We can compare this term with marketting because this is actually a process in which a person earns with the working of his team and a group of his people. An entrepreneur are workplace peers and the social composition of the workplace. In researching the likelihood of becoming an entrepreneur based upon working with former entrepreneurs.
SO WE NEED MORE ENTREPRENEUR THAN MANAGERS.
Entrepreneur is a person who can make fast decisions and he is the one who is responsible for its outcome.
Managers are the one who provides hand holding supports to the managers, so i think we need more entrepreneurs than the managers who can handle or manage risks fairly.Entrepreneurs are the master of themself and they can own their own business very well.
Entrepreneurship implies the message of being job creators rather than job seekers, so i would like to go with the entrepreneurs.
Yes i would go for entrepreneurs favour because of a lot of reasons mentioned already above. they are self-dependent,service satisfaction etc.
An Entrepreneur can have a large investment and can hire a manager for it but the opposite is not not possible, although we do have investors there also.
Managing have well planned work but there is a lot of money involved in that, tahn money can be used in production if an entrepreneur knows the skill of organising thing.
We need more entrepreneurs than managers but a person who want to enterpreneur also knows the managers skills lets take it like that if we want to start any work than we have skills to manage it and leads it after that a business runs . so entrepreneur is must .
I largely agree with the fact that we need entrepreneurs more than managers.
Entrepreneurs are the one that actually devote to nation’s development by providing jobs to the countless unemployed persons.Entrepreneurs are the real epitome for courage;having risk taking capabilities bestowed in them.
Managers don’t incorporate innovative ideas rather they just keep a check on the individuals working in an organisation;however managing them is a tough task,they just provide service.
Entrepreneurship implies the message of being job creators rather than job seekers.Even the world recognises such persons.Steve jobs as i can indicate is the best example here.
Managers however earning multi-millions stay lost in their own individualism and in true sense don’t serve the nation.
we need both of them for a perfect BALANCE. But in TODAY’s time we need more ENTREPRENEUR than managers because they affect the entire economy of the country they are self dependent,unbounded,least corrupted bodies.They are real RISK takers they create opportunity for others.By providing services they reduces UNEMPLOYMENT which is a BIG problem for the DEVELOPING countries like INDIA. IN INDIA GOVERNMENT is also providing SUBSIDIES and LOANS to PROMOTE Entrepreneurship.
We need more entrepreneurs because in india the is a great need for self dependency by self employment because it is impossible for govr. to give jobs for the huge population so we don’t need much managers because their seats are also limited so all people can’t be managers.others will have to find their works as a entrepreneurs..!!
Entrepreneur are very necessary because they are more worried about organisation’s growth rather than others. They are leaders and a way of growth of many people. And this will improve economy of the country.
They are great motivators also.
I india entrepreneur is very important then managers because entrepreneurs will start their business in their field and they will increase the jobs india they will help in developing the india in everyfield so entreprenuers are very important for india .the entrepreneurs will bring more jobs in india and it will bevery beneficial for india.
We need more entrepreneur than manager because manager has more responsibilities . and entrepreneur is freely body that can think good and efficient to do more works with more potential energy than manager. manager has management to to good work so he cann`t do good work. he has rules so he can only do management and take right decisions.
* THIS IS REAL NEED IN ORDER TO SHOW WHAT THE YOUNG GUNS ARE FILLED WITH .
* WE NEED NOT TO FOLLOW THE SAME STUFFING OF YEARS OLD MANAGEMENT WE CAN MANAGE AND
* CARRY OUT THING IN FAR MORE BETTER WAY .
* ENTREPRENEURSHIP BRINGS THAT TRIGGER TO US WHICH CAN REFLECT OUR FIRE .
* ITS TOTAL FREEDOM AND JOY OF EARNING .
AND IN THIS ERA THIS IS THE THING WHICH CAN BRING A HELL LOT OF DEVELOPMENT IN ANYWAY .