When I was a kid growing up in the late 1970’s and early 1980’s I would sometimes ask my dad what he did for a living. And each time he would reply the same. “I’m an entrepreneur,” he would say proudly. “Look it up.” So I did. The dictionary defined an entrepreneur as “a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk.” My dad was right – he was an entrepreneur. And a lousy one at that.
He raised money from investors and for years worked out of his home (and this was before working from one’s home was acceptable) where he supervised a handful of misfit and quirky programmers who worked odd hours developing a bookkeeping application based on a patent he held in his name. Until the money ran out. And when that happened he took his unfinished product to market where he suffered painful project after painful project. And (of course) he timed his product launch perfectly with Intuit’s latest iteration of QuickBooks, which was infinitely better, faster, more reliable and cheaper than his.
To read the full, original article click on this link: The Difference Between An Entrepreneur And A Small Business Owner - Forbes
