Friday, June 23, 2006

Is an entrepreneur an "INVENTOR" ?

I have been asking this question to myself several times till date...But havnt yet got a satisfactory answer.Then to get one i decided to go to the basics. I looked into the etymology dictionary for the origin of this word "ENTREPRENEUR" and this is what I came across

"entrepreneur
1828, reborrowing of Fr. entrepreneur "one who undertakes or manages," from O.Fr. entreprendre "undertake." The word first crossed the Channel c.1475, but did not stay. "

So one who undertakes or manages......or in simple words one who is ready to take risks and manage business venture. How do you think he does that? And why is it that only an ENTREPRENEUR can do it...why not everybody....wat is that one thing that makes an ENTREPRENEUR different than the rest of us.....well many of you would say that it takes a lot to be able to take risks....or to be able to think out of the box....just like an inventor does when he is in search of something new and innovative.

So you mean that both an ENTREPRENEUR and an inventor undertake the same process to reach their goals....!!

Perhaps they do....but then why dont you make these two words synonyms of each other...Now you will say I am being absurd by just going a bit too far and calling the words as synonyms of each other...Alright they can atleast be similies...

Let me tell you how...What is that one thing that makes ENTREPRENEURS stand out of the crowd.....the very thing is that they have a different profile altogether...they are always upto something.....they always have new strategies to make things work for themselves ....or make MONEY work for themselves....We are always trying to make things work for us.....but have you ever thought of how MONEY can work for you instead of you working for it from 9 to 5.
Thats why an ENTREPRENEUR is like an inventor.....full of new ideas....Ideas is what makes them always think and act....its these ideas that make them take "CALCULATED" risks....these are not just risks but these are "CALCULATED" risks...

So an ENTREPRENEUR is truly an inventor...he invents ideas....Ideas that generate revenues...Inventor invents things and ideas to unable revenues tooo....

Then whats the main difference between the two....Very simple.....An ENTREPRENEUR is an inventor...But an Inventor is not neccessarily and ENTREPRENEUR....not all inventors can be...