What is the difference between an entrepreneur and a small business owner? Is a franchisee an entrepreneur? And is every new business a “start up”?
|Entrepreneurship is a “No wuss zone!”|
Seems we wonder about labels, or others labeling us. It’s hard to decide what word or description fits you best, when you are out on your own.
Here’s part of a discussion of labels among three people I would call entrepreneurs on Twitter:
Chris Garrett: am often confused by the term entrepreneur – I’m in business but wouldn’t say I’m entrepreneurial?
Chris Brogan: I often make the joke that we accidentally identify as entrepreneur instead of “not really employable.”
Deb Brown: psychologically unemployable. that’s what I tell people.
We don’t fit in as employees, and we don’t fit old patterns of business ownership. We’re making up new ways of doing business. It’s easier to go with “unemployable” than to explain that you see yourself as some sort of new publisher or not-quite-entrepreneur.
Add to that the new perception: you may only be an entrepreneur because you were unemployed. Here’s the New York Times Op-Ed from Robert Reich:
So why all this entrepreneurship last year?
In a word, unemployment. Booted off company payrolls, millions of Americans had no choice but to try selling themselves. Another term for “entrepreneur” is “self-employed.”
And now, entrepreneur itself has become a bad word, staring to take on implications of greed, predatory tactics, and unfair dealings. When I first saw people say that entrepreneur has negative implications, I was surprised. This was news to me.
Does that leave us any positive way to describe ourselves? In a “What do you call yourself?” discussion held at Remarkablogger, people seemed to go to great lengths to make up new descriptions to replace the terms entrepreneur and business owner.
Entrepreneurs and Undertakers
The original meaning of the word entrepreneur is much like the original meaning of undertaker. It’s one who undertakes an enterprise. The person who takes the risk is the entrepreneur. Common usage now is different, implying a personality trait, or an intention, of growing a business.
High Growth Firms, Gazelles and Startups
Mom and Pop businesses, Bricks and Mortar
Who am I?
Who are you?
What do you call yourself? What traits would you add for entrepreneurs?
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