An entrepreneur is a person who uses his/her unique idea to run a startup company.
A businessman is a person who starts a business on an existing concept or idea.
The entrepreneur creates the market for his own business and is considered the market leader.
A businessman creates his niche in the market with his efforts and dedication and is considered a market player.
The nature of an entrepreneur is simple.
A businessman is naturally calculative.
Entrepreneur gives more importance to his employees, customers and public.
A businessman has a profit-oriented approach.
A businessman has to face extreme competition as compared to an entrepreneur.
The businessman does not face excessive competition.
The methods used by an entrepreneur to run his business are quite unconventional methods as compared to those employed by a businessman.
This does not happen in business.
Therefore, entrepreneurs are vital to any economy.