 President's
Corner
Are you a Business Owner, Small
Business Owner or an
Entrepreneur? The terms
are often used interchangeably.
While the difference between
business owner and small
business owner could be based on
something tangible, such as the
number of employees, the term
entrepreneur often reflects a
distinctly different state of
mind.
In a recent Forbes article,
writer Gene Marks compares his
“business owner” mentality to
that of his “entrepreneurial”
father. Marks highlights
differences between the two
mindsets at follows:
Entrepreneur
Business Owner
Risk taker
Risk adverse
(relatively speaking)
Thrives on the chaos
Prefers order and predictability
The company is an asset The
company is part of the owner’s
identity
In a recent Forbes Survey
panelists were asked which term
they most frequently use to
identify themselves. More than
75% of panelists identify as
either a business owner or small
business owner, while only 11%
think of themselves as
entrepreneurs.
As the last quarter winds down
take a few moments to think
about how you would categorize
yourself.
In your note business, Are you a
Business Owner, Small Business
Owner or an Entrepreneur?
Remember, Success Demands
Action! Keep on marketing, it’s
going to work! TWITA!
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