Points to remember before you participate in this discussion:
|Muhammad Irshad said: (Apr 26, 2016)|
|To me, the entrepreneur is more important than the manager, because entrepreneur gives us a chance to become a developed nation and take the risk. An entrepreneur is a tree of mango and manager is a link, so we cannot ignore Manager.|
|Himanshi said: (Apr 26, 2016)|
|In my opinion entrepreneur and manager both are important for an organisation because the manager cannot be an entrepreneur but an entrepreneur can be a manager and he can do the work of managers as well as an entrepreneur. In developing countries like India need of an entrepreneur is more than a manager because they have resources but they don't know how to utilize their resources for this honourable prime minister of INDIA Narendra Modi ji bring the concept of start-up India. In this they have given many opportunities for those who wish to open up their venture or an enterprise by this employment can be removed so I believe in that entrepreneur is more important than the manager. The manager helps for the companies growth but entrepreneur helps for the overall growth of the country.|
|Saurabh Chatterjee said: (Apr 22, 2016)|
|The best way to understand the importance of both entrepreneur and manager is a lavish, sophisticated car which needs a driver (entrepreneur) and wheel (manager). A car cannot function well without a good driver and even after having a good driver it cannot move without its wheel. But the transformation from developing to the developed nation can only happen when we get rid of the word unemployment. For this, we need to respect new thoughts and ideas coming out of brains which otherwise can become 'Brain Drain'. Their efforts need to be assisted, appreciated and recognized. We are happy to have a Modi-led government who is trying to take all possible steps to make entrepreneurs feel safe and have a smooth experience while opening a new business. We need to understand that if we want a Microsoft or Apple companies from India then we need to support such talents.|
|Pranshu Mishra said: (Apr 4, 2016)|
Managers should be more than entrepreneurs because,
1. While running business entrepreneurs needs managers this indicates that entrepreneurs is not capable of running a business alone he needs more managers.
2. I think entrepreneurs only provides financial assets for organization.
3. If entrepreneurs have an ability to run a business then why he appoints managers, the same work can also be done by the executive.
4. Start up a business is possible but long term assurance is given by managers, not entrepreneurs.
|Bhawana said: (Mar 2, 2016)|
|Hi everyone, I agree with you all. In today's world we need more entrepreneurs than the mangers. Because managers have to work under the limited boundaries while entrepreneur has no limitations. All the risk has to be taken up by him only.
There are some programs launched by the Indian government for the entrepreneur. But both are necessary for running a successful business. So we can't ignore the work of manger as well.
|Mohan K said: (Feb 28, 2016)|
|I would like to few more points.
Entrepreneur is fill the gap between need in the business so manager have to manage the organization here manager has to be in his boundaries so entrepreneur have both skills either management skills or entp skills because he is the owner of the company and in any uncertainty period he have to face the risk.
Even manager can take decision but ultimate choice is his higher hierarchy so manager decision is may not final choice, though entrp must have manager skills. Finally my opinion is its interdependent each roll.
|Siddharth said: (Feb 13, 2016)|
I also believe that we require more entrepreneur than managers because today in our country we have plenty of raw resources available we just require it is to skill and investment. Since as per the central government idea of start up still up INDIA it will give huge enthusiastic to the entrepreneur and also who are thinking to be entrepreneur.
|Suraj said: (Jan 28, 2016)|
|According to me, India is developing country and most of the products are imported, so we need to have entrepreneurs which can bring new ideas into business. Due to this our imports get reduced and it contributes to rise in GDP growth of the country.
According to a report India is a country with youngest population, entrepreneurs will help in increasing employment in the country. There will be never be a shortage of managers because out of 100 people only 10 percent of people have the idea that can be molded into a business.
|Suraj Anand said: (Jan 25, 2016)|
For every company or firm, both are very important, both play a vital role to the enhancement of the company, A entrepreneurs can also be a manager of that company, entrepreneurs built the company and manager manage that.
But for a growth of the country, entrepreneurs should be in large in number. Because India's population is large. To manage this, entrepreneur should be larger than the manager. Manager play a role for the growth of company where entrepreneurs help to growth in country's GDP.
|Kiran said: (Dec 9, 2015)|
In my opinion India needs more entrepreneurs then managers. If we see current scenario of our country still we are depending on lots of imported products then local products. This is only because we are not much successful as entrepreneur. We need more support for entrepreneurs to develop our country.
|Priya Agrawal said: (Oct 30, 2015)|
|Hi all, Entrepreneur is a manager in itself. Manager is not something who works under some people. In the same way Entrepreneur is not some who works independently. They more probably refers to the same aspect of work- for the economic growth of the country.
An entrepreneur establishes a business and give the opportunities to managers to help him/her for the development of the country. From the current situation of our country, we need more entrepreneurs. That is correct. But the managers along with the entrepreneurs can lead to growth of the country.
|Priyanka said: (Oct 10, 2015)|
|In my opinion both entrepreneurs and manager play a important role to do any business. But entrepreneurs is most important because entrepreneurs is the only person who start a business by taking risk and give employment opportunities to many people and manager is the person who play a role in growth of company.|
|Shubhankar Kumar said: (Oct 8, 2015)|
|I believe that we need more entrepreneurs than managers because in a country like India people are job oriented than owning their own business. Since the risk associated with business are high therefore people who even think of having their own business back out.
Since we don't gave proper policies to fund and support young entrepreneurs so in order to increase the no of entrepreneurs government needs to have a better policies. Entrepreneurs help in reducing unemployment, increasing growth, GDP, and working for yourself.
|Gopal Agrawal said: (Oct 5, 2015)|
|Entrepreneur are the people who develop new idea and managers are the person who manage the things in order to keep the idea of entrepreneur alive thus as per my opinion we required both the person for a firm's development and growth.|
|Chandra Kishan said: (Oct 1, 2015)|
|It say's that become a entrepreneur instead of job seeker. Yes it is correct. A entrepreneur is the Key player of country. It provides the job how is not willing to develop our business and help to increasing the GDP of country. India is a developing country where we required the lot of investment from outside however, if we try to developed our business with the new thinking of invention.
This could become a no.1 company in the would like Apple or google you know's that the concept of these business were new that's why they succeed in the market. So be a entrepreneur with the new thought of inventions.
|Kiran H said: (Sep 30, 2015)|
|Of course I feel that entrepreneurs are required more than managers because entrepreneurs always try to face risks and they will come out of that and they make many new business, he undertakes every activities by his own than making work by others, but its not similar in case of managers, I'm not saying managers will not face anything but they follows some else and they makes the work by suggesting others.
But entrepreneurs make everyone to create their own new things and ideas, however both are very much required but comparing in between them entrepreneurs are much important.
|Kunjal Chawha said: (Sep 30, 2015)|
|Yes that's very true we need more entrepreneurs than managers I am happy that this topic has come up. Its like common sense that we need more entrepreneurs because everybody in our country wants to do job. But jobs would only be available when business would be there and in order to establish business entrepreneurs needs to emerge.
Government should appreciate the efforts of people wanting to become entrepreneur because also have an impact on our national income employment ratio and stuff. And besides its better to create jobs rather than searching jobs. The reason our country suffers is because we only believe in working jobs. We should learn from countries like you. Yes that creates job.
They don't even have much problem with economy because there entrepreneurship is spread world, they setup multinational companies like coca-cola we work in such companies other than that they produces things that whole world uses like automobiles, cellphones etc. We should also take on entrepreneurship and most importantly it would solve air problem of unemployment people of our country would be employed in our country itself.
|Anagha said: (Sep 21, 2015)|
Like a developing country like India, who have a greater possibility of emerging, entrepreneur is needed than managers. More entrepreneurs contribute more investment and increases turnover of the country.
|Rutuja said: (Sep 21, 2015)|
According to me entrepreneurs play very vital role as they take the risk to start up the business or set up the organization. Manager help them to enlarge the business by managing activities in and around, plans strategy those are beneficial to the organization.
|Hanumant Bandgar said: (Sep 19, 2015)|
Nowadays, both managers and entrepreneurs are playing a vital role for organization. But entrepreneur creates the opportunities to get the job but managers are required to give the right way to get success. An entrepreneur is a manager in itself, even he is more than a manager serving more people, takes more risk and responsibility compared to a manager.
As the discussion goes on I would share my views saying that an entrepreneur and a manager are like the driver and wheels of an organization.
|Anmol Narula said: (Sep 10, 2015)|
I would like to discuss about the topic that whether India needs more Entrepreneurs or managers.
What my viewpoint about this is that both managers and Entrepreneurs play is pivotal role in an organisation. And an organisation can not sustain without absence of even any one of them. So both are necessary but what I feel is that the what current requirement of India is entrepreneurs. More and more entrepreneurs as because this would mean more new startups, more job opportunities, strong economy and overall development of the place. This is what the current need of India is. Moreover its Entrepreneurs only who later become an organisation and hire the managers for there firms.
Conclusion : India currently requires more and more Entrepreneurs as because Entrepreneurs would later hire managers.
|Monica said: (Jul 13, 2015)|
|As per my opinion both entrepreneur and manager has different position in company entrepreneurs is the person who takes the initiative to start a business and manager is the person who works as a employ in the company.
And as per the India's requirement we need more entrepreneurs so that more job opportunities could be created. Even our engineer and doctor can stop going to foreign country, thus it could lead to more development in country.
|Surendra Kumar said: (Jun 3, 2015)|
|Yes we need more entrepreneurs than managers. More entrepreneurs in the country means setting up of more and more enterprises in the country and setting up of more and more enterprises in the country would result in betterment of employment opportunities in the country and boost the economy by way of increase in GDP and per capital income.
An entrepreneur bears the financial risks and take the initiative to starts a new business and has the ability, skills and competence which a manager possess to run day to day business. On the other hand managers are the persons who plan, build and monitor the objective set by the entrepreneurs to achieve the overall objects of the businesses set up by the entrepreneurs.
In my opinion there is an need of having more entrepreneurs in the country for both creating employment opportunities and betterment of the economy by contributing the GDP and per capital income of the country. However. We can not ignore the contribution of the good managers in success of the business setup by the entrepreneurs as merely setting up of more an d more enterprises will not solve the purpose.
|Ashok said: (May 16, 2015)|
|As per me,
- Entrepreneurs may be more effective for a society, they are the ones who create jobs for the people who may be managers but not entrepreneurs.
- More entrepreneurs implies more jobs.
- More revenue for the people as well as for the country.
- More role models for the youngsters.
Word managers may sound good but they always have to work under pressure with less scope of creativity and experiments in their work. But anyhow the are important.
So the balance between the two is important.
|Bhumi said: (May 9, 2015)|
|Hi every one,
When speak of every one then it means I see you as a group not as an individual this is the problem in our management sector today we find more managers than entrepreneurs. We are individual beings and should learn to make our identity as an individual and not as a group a group leader is always praised for its group so good emerging minds should be set to be future leaders than to stuff their brains by restricted activities from school level they should allow the students creativity to flourish and grow. This will lead to a leading country with better lifestyle and better level of business.
|Rajat said: (May 2, 2015)|
|I think we need more entrepreneur than managers because a good entrepreneur also possess managerial skills along with leadership skills, so he can manage to deal with or tackle the situation related to management without any pressure.|
|Megha said: (May 1, 2015)|
|According to me,
A country, to get successful need both entrepreneurs as well as managers in same ratio. A little imbalance in their ratio can cause a huge loss to country in many different ways like economic as well as social entrepreneurs are for those who want to change the world with their ideas and believe in themselves, ready to take risk and want to lead the world. On other hand, managers help them complete their dream.
|Nitesh Kumar said: (Apr 25, 2015)|
I think both are play vital role for the organisation. One that is the backbone of the organisation and another is the eye of the organisation.
|Rajendra Prasad said: (Apr 25, 2015)|
I would like to add my some opinion in this topic.
I think our country sterling to development GDP production new technology, major reason behind of it, lack of entrepreneurs not lack of talent not lack of management, entrepreneurs mean " the person who is able to tack risk, and creation is must so we have need entrepreneurs not management at the time".
|Sumit Joshi said: (Apr 23, 2015)|
|What I think is both entrepreneurs and managers are essential for market since entrepreneur takes risk, invest money and starts up a new business and hires a manager then to prosper his business.
Since institutes are producing more number of managers these days and risk takes are very less in number.
So, if there will be no risk takes, who will hire these managers. Less entrepreneurs will lead to unemployment. So both are essential but entrepreneurs are more important.
|Kamal Kumar said: (Apr 13, 2015)|
|Managers are the persons that decide well and entrepreneurs are the persons that how to update and or change strategy to develop business growth. Entrepreneurs are the modular pattern decider as well. That's why we need to entrepreneurs more than managers.|
|Sonu Vats said: (Mar 31, 2015)|
|According to my point on view both are play vital role. Entrepreneur is a back bone of the business and manger is mind of the business than helps both a them a business successfully run. We all know that without back bone a body can't survive his life or on the other hand without mind we can't live so it is also similarly with a business. Entrepreneur and manager both are equally important.|
|Prajakta S said: (Mar 22, 2015)|
|I think what we must strive for is an entrepreneurial mindset even in managers so that they can bring in innovation and calculated risk taking in all the projects they handle. This will definitely give a sharper edge to the ability of managers to contribute their part in the growth apart from managing.
Also in India we need to encourage individuals who seek to venture out in the unknown territory because not everyone can do that! We need entrepreneurs to build new things indigenous without which our country will remain dependent on the world for its pace of growth!
|Jasmin Patel said: (Mar 20, 2015)|
|If we look at global situation then definitely we can say that a country need more entrepreneurs than Managers only because of their role and productive output, an entrepreneur comes with new and innovative ideas.
While manager helps him to work on it, as we know in reality there is a very less entrepreneur in the world who got success and number of manager is producing by higher managerial and technical institutes of the country but number of entrepreneur are less only because of lack of innovative ideas and ability to take risk.
|Kalvadiya Naresh Sharma said: (Mar 7, 2015)|
My view as per current market situation is that both entrepreneur and manager both are best at their roles where entrepreneur takes huge risks and manager makes that risk into good by their skills into that business or company.
Both have their important roles in the market. Every entrepreneur need a good manager who can manage their business and every manager need an entrepreneur who can take huge risk and make a platform for managers.
|Ravi Teja Puli said: (Mar 7, 2015)|
Entrepreneurs take an initiative to start and Managers then are employed to stop it from shutting down. Its like a sound cannot be made with one hand. Rather than entrepreneur vs manager, my view would be a perfect mix of both of these in order to perfect any company.
On one hand we have entrepreneur who takes high risks and if successful will generate great results and on the other we have managers who avoid risk and do not let the business in to losses. So all of them have a role to play.
But in the current market situation where the scope for growth is less and opportunities are being hunted down and taken, we need a entrepreneur who will be able to find one and make the best use of it. Nevertheless we need managers to have a strategic plan for the maintenance of current position and avoidance of risks.
|Vinayak said: (Feb 27, 2015)|
My opinion is that we should have more entrepreneurs than the managers, but on the other hand for developing the any business their should be a good manger but the entrepreneurs it can take this post and he may manage all the things required for his business.
It is not possible that every one is being entrepreneurs but if possible we required more entrepreneurs because only entrepreneurs provides good job to the people.
|Hassanuddin Qureshi said: (Feb 25, 2015)|
As I chose a topic to discuss the Entrepreneurs are better than Manager why I will tell you in discussion.
Entrepreneurs is the man who increased their business in the world and providing the job opportunity to young youth to make the success in the life not only job, entrepreneurs also increased the GPD of the nation like India. Entrepreneurs is much better than Manager because manager only manage their organization to attained the companies goal's and objective but entrepreneurs is one man leaders in their own business they can take their business decision quickly and effective to reached their goal's and objective.
Entrepreneurs also make the contribution of the nation through GDP and also charity to the society to live there's life own.
Manager are also important but in there organization they can do whatever they want but entrepreneurs can do in any part of the Nation to success in their own life and make a happy life.
Entrepreneurs has there own business. Whereas manager can work in a organization to achieve there goals and objective.
Entrepreneurs is one man army in the business. Whereas manager can work under the company rules and regulation's.
|Mobin said: (Feb 3, 2015)|
|Hai friends. I am Mobin.
In my concern we need more managers rather than an entrepreneur. Because he is a person those who initiate or start business in that Entrepreneurs we need more more managers.
|Adn said: (Jan 30, 2015)|
|Hi friends, the topic is we need more entrepreneur than managers.
In my opinion excess of anything is bad as the basic principle of accounts and economics is to maintenance of balance. Yes I agree as we are developing nation and entrepreneurship culture for a country like India will enhance the growth and help us in growing more rapidly.
Entrepreneur develop the enterprise but its manager only who manages the organisation and help the organisation in achieving their goal.
As we all have studied the principles of management by Taylor and Fayol in class XII, which realize us the importance of managers, so both of these are required for development of the country.
|Sciontechnologies said: (Jan 8, 2015)|
|Short and Sweet, I am an entrepreneur who is running medium sized business of machines and have more to go. For that I want those managers who wants to be entrepreneurs here in this discussion with a strong desire to get the world inside.|
|Tanuj said: (Jan 8, 2015)|
If we think by taking current situation in our country then yes we need more Entrepreneurs than managers. We have resources, capabilities and with an honest and corruption free government help we can bring out more entrepreneurs. We have lakhs and lakhs of managers graduating from B-schools everywhere but out of them there are handful of entrepreneurs.
In economics sense if there is less demand and more supply the value of the commodity will fall and sometimes goes wasted. So we need firms and industries in India for the managers.
|Sathya.S said: (Jan 6, 2015)|
|Good evening everyone,
I would like to share few points on this topic.
Entrepreneurs are the ones who contribute a lot for the development of a nation. They bring out new ideas and techniques. Managers are those who contribute to the development of the organization started by the entrepreneurs.
WE NEED MORE ENTREPRENEURS THAN MANAGERS.
This is because India has the world's largest youth population. Young people are the builders of the nation. They can bring about a great change in the field of management. They have a great entrepreneurship quality. On the other hand aged people can be good managers due to their experience in life.
They can help the young entrepreneurs. As India has largest youth population they can contribute their young innovative minds in management which can take us from a developing position to a developed one.
|Saifulla Khadar K said: (Jan 2, 2015)|
|As the topic is "We Need More Entrepreneurs than Managers".
I want to put light on the topic as Yes, this statement is right some what and it looks like odd by listening how it can be possible thinking of the need of more entrepreneurs than the managers can't be think it, see if you look at we have more managers than entrepreneurs.
Yes if you look at we need more entrepreneurs for the development of country and to reduce the unemployment rate. But we can't think that we are need of more entrepreneurs than the managers and we are too need of managers as too.
Yes I agree, we are need of more entrepreneurs for the development of our country but not more than managers we need managers because its the ability of a manager to manage better.
|Yogesh said: (Dec 31, 2014)|
|India produce more manager compare to china but few entrepreneur may be because of investment, long gestation period to settle business, lack of government response there are so many reasons that's why our scholar student prefer to be cheap laborer for multinational companies rather than innovate something.
To run any industries its all depend on good manager they have vision to built successful company. Manager has potential to bring ideas into reality if they get properly motivated then those manager becomes distinguish entrepreneur. They says every person has three million idea in there life so you want to be entrepreneur.
|Aadi Shafi said: (Nov 5, 2014)|
According to my knowledge the word Entrepreneur and a Manager is not synonymous. The entrepreneur is a person who starts a businesses enterprise with his own initiative, thoughts, risk, knowledge, and experience so on.
The manager is a person who manages the organization operations in the best of his ability.
Now the question is there more need of managers than entrepreneurs The hierarchical management consists of three levels the top, the middle and lower management.
And an entrepreneur belong to a level of top management.
And manager comes under rest of the two classes depending upon the field of technicality chosen by the managers.
For a firm to show its excellence it is important that both entrepreneur and manager.
Are required to achieve the goal and mission of the organization.
|Ankit Agarwala said: (Nov 5, 2014)|
|As innumerable points have already being discussed in this long queue of ideas and points.
I would like to add a very important point to this discussion. Its not that both Entrepreneurs and Managers have to be different personalities. They can be the same person with both the qualities.
An entrepreneur can't be successful with a great idea if he is not able to plan, manage and implement it well.
On the other side, a manager can only be successful if he thinks that the idea/work he is supposed to do belongs to him assuming it to be his own business task.
Therefore we can say, we need both manager along with entrepreneurs in order to make out economy progress.
|Harshita said: (Oct 23, 2014)|
|Entrepreneurs is who generate an idea & manager is who execute an idea. Both the personality can generate employment in our country. Entrepreneurs can be executed or uneducated but their small idea can generate big change in society and who is educated person can only the person who take our business from smallest path to bigger.|
|Skb said: (Oct 14, 2014)|
|Good evening all,
I would like to take this opportunity to speak on this topic :
First of all India is a developing country, with large no.of resources and demographic dividend besides with huge population.
These are all the favorable factors for Entrepreneurship which in turn provides employment, increases exports, uses resources eventually increasing the standards of living of the people and contributing a lot to GDP which will make India a developed country.
If we look all developed countries the percentage of entrepreneurship is seen more. This makes a country developed country. There are different types of entrepreneurs can be seen like Innovative entrepreneurs, imitative entrepreneurs and conservative entrepreneurs.
The present government is making a great support to entrepreneurship by removing red tapism and making single window system, giving loans business in less time and providing subsidy in the tax.
Thus making the products in the country, will reduce imports and increase economy. Besides managers are the people required to manage the existing organization hence they also play a role along with entrepreneurs. But Entrepreneurs are the need of the hour.
|M.Atchyuth Raj Kumar said: (Oct 14, 2014)|
As far as I concerned both entrepreneurs and managers are equally important to the business!
ENTREPRENEUR is a person who "Generate IDEA" to start the business, he could be an illiterate person too but his idea can be a great success and this success is achieved only by a MANAGER who is educated and well versed in business tactics and social ethics execute the IDEA by his policies and decision power.
As said "MIND is designed to fulfill HEART desire". I compare.
ENTREPRENEUR = HEART.
MANAGER = MIND.
|Shivani Goyal said: (Sep 16, 2014)|
In my opinion, Entrepreneurs and Managers both are equally needed for a developing country like India.
As an entrepreneur is the 'idea maker'. And manager is the person who executes that idea.
For Eg. Indian products are lagging behind in front of other country products because of partial implementation of ideas or lack of innovative ideas.
So to make a difference we need both.
|Safwat said: (Sep 6, 2014)|
I think both are important entrepreneur need manager and vice versa as entrepreneur offer job opportunity decrease unemployment and invest money and set goals and the Manager set a clear strategy for how to achieve these goals through manage, inspire and motivate the employee to achieve these goals.
|Prakash Babu said: (Aug 17, 2014)|
|In my point of view entrepreneurs are independent decision maker whereas managers are not an independent decision maker, here decision is not only the minor one but it involves all the major and minor decisions related to their business well being.
Entrepreneurs believes in changing the ideas into reality and thats the only principles they generally follows.
Entrepreneurs are like a newborn baby who has n number of ideas in their minds and they are always ready to take the risk. And it does not mean that risk always fails but if it is calculated risk where the chances of success becomes 90%.
Where as on the other hand managers are generally bounded by their seniors or some other higher authority. They take those decision which is under their limit or in their hands only and 90% of their other decision have to be shared by senior authority also.
Therefore I conclude my point by saying that entrepreneurs are the youth who can change the phase of this era through progress, inventions, developments, re-engineering in the business world.
|Priti said: (Aug 3, 2014)|
|Hello! friends, from my point of view both(entrepreneur and manager) are equally important for any of the business organisation so we should try to look at both side for the grand success of any business, so I suggest you all to focus on both side.
Today there are thousands of business are exist per day, but instead of it there are so many people, MBA's students are unemployed, they really need job but they are helpless, if they get right job at right time so, they can give their full effort to business and also to our society, and it leads to all round development of country. SO I HOPE you ALL UNDERSTAND WHAT I REALLY TRY TO SAY! THANK YOU!
|Jyoti Sharma said: (Jul 18, 2014)|
|I wouldn't say Hi or Hello to all of you, I would like to say good morning to all of you. I wanna make you awake that you may see what's going on around of you.
You know why I said as, because you are saying that India is lacking the managers as well as entrepreneurs. See our surroundings who doesn't have the managerial skills and who doesn't know that how should manage in their worst to worst situation. In fact a child knows that how will he manage to complete his homework within the time. You know what we all have managerial skills just we aren't aware of this. We should not compare managers to entrepreneur because an entrepreneur also do a manager's work.
As for this an entrepreneur should has all the qualities of a better leader and a better leader should be aware of his subordinate's work. As a manager gives direction and assign the duties to his subordinates as well as an entrepreneur also instructs the managers that to whom the responsibilities should be assigned. Hence an entrepreneur also is a manager as he has to manage all that above.
India is not lacking of managers, it's lacking entrepreneurs as we all are MANAGERS in our own life, NEED IS JUST TO HAVE AWARENESS OF OUR RIGHT DIRECTIONS which will be provided by a better leader i.e.; an Entrepreneur.
So come on youth being an Entrepreneur and identify your leadership quality.
Being not only the follower of others instruction, being that one who creates opportunity himself and instructs other.
|Tanuj said: (Jul 7, 2014)|
|No. I think there is an equal need of entrepreneurs as well as managers, actually more of managers. Although increase in entrepreneurship will result in more employment generation and benefits to Indian economy, but this will be possible only if the enterprises/companies could stand their existence with profits In this competitive Indian market, which requires good managerial skills or I must say good managers instead.|
|Sahithi said: (Jul 5, 2014)|
|Hi friends, I am in favor of entrepreneurship than just being managers.
Entrepreneurship helps in many ways especially in developing countries like India.
First each individual, whether fully educated or ill-iterated who has ideas and talent with them capable to start on their own, of-course with help of bank loans can establish their business so that they can stand on their own feet.
After completing studies instead of waiting for opportunities or blaming government for it better go for this option.
If most of the people go for this option, then our products with quality will be increased then we can reduce the importing of foreign goods so that import charges will be diminished. Further we can export them to other countries which brings profits not only to owners but also to government.
|Niraj Rai said: (Jul 4, 2014)|
|I am completely agree with this statement. India is a country of vast population and it is almost impossible to provide job to each and every person in private and govt sector. So, there is essence need of entrepreneur so that the job opportunities could be improved. Moreover, it will also reduces the demand of foreign products which in turn increases the value of Indian rupees.
No doubt, to choose entrepreneurship as a career option is just like to play with fire. But the value of gold is improved only after heating. So, just like gold we should also struggle to increase our value, & to increase the development of our country.
Managers are also important as they play a key role in the progress of a business. They have management skill, decision power, knowledge of market demand, etc. So, they are also equally important.
|Kudzanai said: (Jul 2, 2014)|
|I strongly agree with the statement. A healthy situation for the economy is to have the right blend of managers and entrepreneurs. When the entrepreneur starts a businesses they still need the services of the managers. However the largest proportion must be skewed to the entrepreneurs as these create jobs for the managers and reduce unemployment, and also efficient use of excess resources for the benefit of many.|
|Pushpanathan said: (Jun 22, 2014)|
First of all I thank to this this type of question because, this question is usefull for ever including me also. And my view point is entrepreneur because he creating a business he's only face all the problems and difficulties but manager is a employee. He do this job only. A company to gone a loss he not effect he try to another job. But the entrepreneur is not to go other business. Hates of all the entrepreneur.
|Lambodar said: (Jun 17, 2014)|
|1. Every year thousands and thousands MBA, engineering students comes to market. If every body search of job in public and private sector then there will be more competition and unemployment. If more opt for entrepreneur then they can appoint so much unemployed student from market and can reduce unemployment level.
2. Country can be self reliant.
|Guruprasad said: (Jun 12, 2014)|
|When we see in our countries perspective, certainly we require more entrepreneurs. So that our people get more job. But we see there is th problem of unemployment, which certainly uplift the above statement. So it is good to have more entrepreneurs.|
|Sumanth said: (Jun 5, 2014)|
According to my point of view we need more entrepreneurs because entrepreneurs are risk taking business persons who establish a company to achieve something. But managers are the persons who just manages the persons of his team to accomplish the given task.
As we are observing a MAJOR PROBLEM that our rupee value is decreasing day by day because of so many reasons but one among them is ENCOURAGE OF OTHER COUNTRY PRODUCTS.
So there is each and every need of entrepreneur for establishing new companies producing good products so that they act as OBSTACLES for not buying other countries products also providing employment to many educated which is SECOND major problem of our country.
So by encouraging entrepreneurs we can solve two major problems and also many minor problems and make our country INDEPENDENT on other country.
|Shruti said: (May 14, 2014)|
My view on this topic is that the entrepreneurs are the owners of the company. They are the risk taker and can create prof as well as bear loss but have a right take decision and making policies. Its true that the manager can take the company to the top by his innovative ideas but they need the instruction of entrepreneur and do work on that goals which are set by entrepreneur.
India is the country of great population so we need more employment because there is problem of jobs leads to "brain drain".
For the development of India there is the need of more entrepreneurs than managers and their Teamwork.
|N K Jayaraman said: (May 10, 2014)|
Ideas rule the world. For capital formation, the available resources are to be churned to make more profits and ploughed back. Profit is a direct reward for taking risk. Entrepreneurs take the RISK. Whether it be in Agriculture, Industry or Service, they come out with new ideas and implement the same, with own or borrowed capital. Success rate depends on the idea itself and more so the conviction of the entrepreneur on his own idea. Once the initial hiccups are tied over, normally it may take on an average 3 years, if he is lucky, he is established. Till his venture reaches optimum levels he may manage it himself. But once, it becomes, unwieldy for himself to stretch beyond certain levels, he looks for managers to assist him. Although the managers work for him some of them develop ownership traits and are developed as entrepreneurs in his own business or the manager branches out to new ventures.
In this process, unemployment problem can be addressed suitably by encouraging more and more graduates to develop themselves as entrepreneurs and make revolution in our agriculture, agribusiness, industry and other service industries thus making a big leap in economic development. With this noble and workable idea only more and more programmes are taken up by our national Government to make freshers as self employed rather than, wait and watch for jobs. Better take risks and be part of national development. This way definitely individuals are also benefitted beyond their expectations.
|Mahendra Choudhary said: (May 9, 2014)|
|Hello everyone. My view over this topic is that, we need more entrepreneurs than managers. An entrepreneur helps in creating employments to a large number of people. Entrepreneur becomes big with his innovative ideas, hard work and courage to do more and more. This kind of thinking helps in developing a nation.
Managers are ruled by their co-owners. But, entrepreneurs have freedom to take his firm to the top by any hook or crook. This encourages many people to succeed.
In our country we are in need of more and more entrepreneurs so that the wealth is created and remains in India only. One should get inspired from Bansals of e-commerce sites who have emerged from small startups.
|Ssp said: (May 9, 2014)|
|Research said 2 out of 10 entrepreneurs get succeed because of difference in strategic planning and decision making so it is one kind of risk and fear in the mind of many people they do not get chance for entrepreneur instead of that they choose the safe option of manager therefor today that is the reason for more managers than entrepreneur therefore today we need to encourage more entrepreneur with excellent managers which can increase the success of business and will lead to job employment and economic development.|
|Prateek Gupta said: (Apr 23, 2014)|
|I believe that an entrepreneur is a person who develops his self business from his own innovative ideas, which creates employment but the manager is a person who could manage a company with his skills.
But, the need of hour is to create maximum job opportunities for people of country because out of 65 lakh graduates per year only 15 lakh graduates are being able to get a job.
So, our country is in need of job providers instead of job consumers and it could be easily fulfilled with the help of network marketing, as it is the next revolution for the country through which a large employment could be created from this revolution.
|Chandrani Saha said: (Apr 19, 2014)|
So our topic is whether we need more entrepreneurs than managers. This topic can be analyzed from the following viewpoints:
1. What are the roles of an entrepreneur and a manager?
2. What will be the socio-economic effect of having more entrepreneurs than managers and vice versa?
3. What is the relation between these two?
In the light of the above mentioned points,
An entrepreneur starts a new business venture investing resources like money, power, energy etc. , taking risks and enjoying profits (if any). Whereas, managers drive an existing organization and its processes efficiently to ensure its existence and revenue.
If there are more entrepreneurs, then there will be more possibility of diversification, expansion and growth of the industry which will eventually create more jobs and increase standard of living.
But we also need managers to run the businesses planted by these entrepreneurs. But as there are already a large number of managers, today's economy needs more entrepreneurs. But when the number of entrepreneurs and mangers will be almost comparable, then obviously more managers will be needed as they have a one to many relationship. That will be the peak point of India's economic condition.
|Bmgi India said: (Apr 19, 2014)|
|Rightly said, I agree with the thought that the importance of either entrepreneur or manager can not be underestimated. Both have complimenting roles to each other and both have new challenges. Yes, today, the business environment has become more volatile; so, we need strategic management methodologies; may it be use of Six Sigma or Lean Six Sigma.|
|Suresh said: (Apr 10, 2014)|
|Hello everyone, entrepreneurs and manager both are same importance in business. Entrepreneur's is the initiative to grown up a business its give initial idea how to develop the business and management role is to manage top level employs to worker involved with the company and to make a systematic chain like higher and key. Entrepreneurs should have all the quality to take initiative as well as managerial skills.
Here I am shearing one of my experience, I had attended one seminar on entrepreneurship network leading by one of the prominent faculty, teach us how 50 rupees can make to 100 rupees. So to make 100 rupees from 50 rupees first we have to think which business is perfect and we done it practically in this business our role was a salesman as well as a entrepreneurs, it was the challenging task.
Same way managerial task is also very challenging. Every knowledgeable person may not be a good manager. Its a skill to get the 100 percent effort from every employee involved with business/company.
|Bindu Reddy said: (Apr 7, 2014)|
|Entrepreneurs are the person's who start up there own business & who will provide Employment Opportunities to others. Generally Entrepreneurs are the risk takers.
Managers are the Persons who work in top management & they will execute the ideas which were given by entrepreneur's. If Entrepreneur's are not there then who will provide opportunities for the rest of the people. So Entrepreneur's are like roots in the business Era.
|Chandan said: (Mar 27, 2014)|
|We are living in a developing country where manpower is available in a vast range but the only problem is of job creators. Job creator are only person who can be known as entrepreneurs. So entrepreneurs are like plants whereas managers are like fertilisers. While leaves are job seekers so in the absence of fertilisers no leaves and plant can be grown. Therefore manager are the requirement of entrepreneurs because they do not have capitals and can't take risk only things they have is innovative ideas and skills. Entrepreneurs can make use of this resource to make our country developed. So finally concluding that entrepreneur is our first need after that manager both are 2 phase of a coin. So both have their own importance.
|James Night said: (Mar 25, 2014)|
|I think yes we need more entrepreneurs than manager because by the entrepreneurship is much more important from managers. Because it's not important that if you become a manager so you have more ideas for doing a things in the positive way.
And also because for entrepreneurship its not important by your education its a attitude of entrepreneur's showing them as a good entrepreneur. IT WELL said by a person if we need to becoming a developed country so we should be increase the no.of entrepreneurs.
|Ashwani Agarwal said: (Mar 24, 2014)|
|Let us make it clear that what are the qualities present in entrepreneur and not present in manager ; they include OUT OF BOX THINKING and RISK TAKING ABILITY. India being a developing nation ; increase in the number of entrepreneurs would be herald in making India developed nation. It can once again be called GOLDEN BIRD.
More entrepreneurs ----> More job opportunities ------>Less Unemployment ------>Increase in GDP of INDIA ----> Developed nation.
|Siddharoodh said: (Jan 30, 2014)|
|My greetings to everybody,
According to me, entrepreneurs and managers are not two different persons. These are two different "qualities". If somebody want to make difference they should have both qualities. If you missing one of them is like clapping with one hand (its not possible).
Entrepreneur should have some managerial Qualities to implement his ideas and manager should have entrepreneurial qualities like creative ideas, problem solving abilities to improve the performance of the organisation.
For end note I want to say, we need professionals with both qualities to prosper in business.
|Abhinav Sharan said: (Dec 4, 2013)|
|In an emerging economy like India, we need to create more and more jobs to provide employment to the rapidly increasing population so that each one can contribute to the GDP in in one way or the other. So, instead of people dependable upon others to earn for a living, they should in fact take initiatives by themselves where they become the job creators. But apart from taking the inner personality traits of an individual into consideration, this so called 'culture' of entrepreneurship would also depend upon various external circumstances. And in India, the upbringing in a typical service oriented middle class family and we as the by products of an age old Macaulay (read 'clerical') education system are some of the examples of external bottlenecks to the promotion of this 'entrepreneurial' culture. There are several other factors apart from the ones mentioned just earlier.
Talking about entrepreneurship as a priority, the importance of managers is no less. Entrepreneurs can assume the role of managers for small scale organizations and the scope of businesses. But they would need dedicated managers to for dedicated functions within the organization as the business would ramp up and delegation of tasks and roles becomes necessary. More over it depends upon the organizational structure and culture that to what extent managers are able to exercise their entrepreneurship skills within their capabilities and how entrepreneurs play their limited but effective role as managing the overall business from a birds eye view.
Concluding, if we can tell that both the roles are not mutually exclusive, rather they complement each other. For our country, the impetus should be upon the rise of more and more entrepreneurs necessary for the growth of our nation.
|Sara said: (Nov 21, 2013)|
|Definitely India need more entrepreneur than managers, but every entrepreneur need a managers, this is the fact, as we seen in well developed country like US, UK and Australia their are many number of small scale industries are there and we people work for their company as a client, the reason is only money I mean capital, we don't have sufficient capital to run the business or for a long run, for example if we take a US they are supporting the small scale industries comparing to large scale industries, so that we people working under them, but in India they are always supporting for large scale industries, we all know the small scale industrial area like ambattur, thir v ka indus estate in these industries who are all a large scale medium they are power supply with no interruption, but small scale medium people's having above 6 hr power cut, these problems occurs in bank also large scale ind getting loan easily but bankers are not interested to give loan for ssmi even though if they gives only 2 to 4 lakh only so Indian govt should support the small industries then only we can increase.
The entrepreneurs from that our India get developed.
|Gaurav said: (Nov 19, 2013)|
|I would first like to emphasize on the meaning of both 'Entrepreneur' and 'Manager',
Entrepreneur is one who believes in his/her idea of doing certain business and takes risk to implement it. On the other hand, Manager is one who with his/her managerial skills helps in aligning companies decisions with its goals and objectives.
Yes, certainly in the developing country like India we need more entrepreneurs; but we cannot avoid the fact that even entrepreneurs need managers or managerial skills to run their business. Organization needs to have different managerial heads to grow in a structured way. So, acc to me though we need more entrepreneurs, we need even more managers to support their organizational structure.
|Jeny R J said: (Nov 6, 2013)|
|As we are living in developing country, at this situation we need more entrepreneurs than managers. When we look to the new generation they are all willing to take risk or challenges. Many of them are going to become entrepreneurs. Some of them are willing but they don't getting sufficient resources, finance is the main constraint. Now a days government will offering many of the assistance. Another point is that we want to make more money then definitely go for a new venture.|
|Suresh K Iyengar said: (Oct 23, 2013)|
|As we cannot make noise only with a drum, which needs either hand or a stick to make noise, as both go hand in hand, I feel the same applies to both the entrepreneur & the managers as both play a vital role in their respective field and are essential tool of an organisation and therefore both are part and parcel of a business.
One can put up a plant but may not know how to reap the harvest due to various reasons & this is where the manager's come in who are technically sound and handle all the aspect of the business. The more the entrepreneur the more managers are born. At present our Indian Economy which is in a bad shape, needs Entrepreneurs like Shri Sashi Ruia, Shri Narayanmurthy, Shri Ratan Tata, Shri Azim Premji, etc. , who can take the Indian economy to the highest level globally & thereby creating managers too.
|Amarjot Singh said: (Sep 14, 2013)|
|To see our economy going through turmoil we definitely need entrepreneurs. I strongly believe that entrepreneurs can bring economy back on track. As our economy need more and more domestic investments and to make these investments we need entrepreneurs who are willing to take risks. They will serve two purposes, first, they will create more employment opportunities which will help to bring unemployment rate down. Second it it will help our economy to grow at faster rate. Also if some entrepreneur from India gets successful he or she will encourage foreign investors to make investments in India.
But we can't keep managers out of equation. They are also essential to run the system smoothly, but the point is that they have to look after their own job. There exists a job insecurity with their job. In most cases they don't get the liberty to take risk or go out of the way. So we can't blame them for not being efficient.
All I wanna say is that we need to strike a perfect balance between the managers and entrepreneurs. If we are able to do so then India will march towards being a nation with a strong economy.
|Raj A said: (Aug 30, 2013)|
|Definitely. We surely need more entrepreneurs than managers, the reasons are,
1). If we have more entrepreneurs, we will have more jobs. What will be the use of managers if they don't have jobs?
2). In India we have advantage of manpower, but we are wasting it totally since we do not have guides to manage people.
3). More entrepreneurs means more innovative ideas, which leads to more business scope.
4). We can develop through competition only hence we need to implement ideas.
5). Managers know how to run or implement ideas better than entrepreneurs, while entrepreneurs can suggest innovative ideas and can implement those.
|Rakesh said: (Aug 16, 2013)|
|Well, all of you have given your opinions on our topic "We need more entrepreneurs than managers" in my point of view entrepreneur is the one who create an opportunity that is "Job" and he offer that to a person. Here what I want to convey is manager is a job that was created by an entrepreneur and he have given that job to a personal. So, that emerging of entrepreneurs is most important to create many managers.|
|J.P said: (Jul 21, 2013)|
With all due respect to all of your points, I would like to express my view on this topic. First of all I would like to say that a spark only can burn the whole forest. It is the trees that provokes the fire. Entrepreneurs are those sparks that are very much needed in a country like India. Mr. Dhirubhai Ambani is the legend example who sparked the entire nation with just Re. 1. The idea behind his initiative was if he earns Re. 1 from every Indian and every Indian works for him, it would lead to a tremendous empire. And there it lead to Reliance.
He was the entrepreneur and no doubt without the managers in his company the company would have not gone as far as wee see now. But my point is a spark is necessary. Managers are also essential to uplift the economy as they are those fuels without which spark would not last long.
Entrepreneurs and managers are needed in equal ratio. They must work hand in hand. The developed nations were once the developing ones. They had those entrepreneurs as well as managers in the same ratio that lead them to be a developed nation. India is in a utmost requirement of entrepreneurs as well as managers in same ratio who will boost up the economy for sure.
|Himani Shah said: (Jun 18, 2013)|
|Good morning friends. Today's topic is "we need more entrepreneurs than managers" I would firstly like to define entrepreneurs. Entrepreneurs are the one who creates jobs. They get innovative ideas work with their skill and knowledge. Managers are the one who manages the ideas of entrepreneurs to get it executed rightly and draw the results that entrepreneurs wished for. Entrepreneurs and managers work go hand in hand. " it is rightly said that we cannot clap with one hand" in the same way.
Success cannot be achieved with only one. Either entrepreneurs or managers. But the main topic of discussion here is we need more entrepreneurs. And yes I agree with that. In a country like India where development is still an ongoing process. There is still unemployment a root problem, why we are still evolving and not devolved like those superpowers. Entrepreneurs plays a major role in reducing unemployment. So when we think from our perspective, a devolving country I would suggest more entrepreneurs than managers. Thank you.
|Pradip said: (Jun 12, 2013)|
|Very well said by everyone. Here are some points which I would like to highlight. Situations are never the same in different scenarios. Consider Developed countries whose requirements are totally different than the requirements of Developing India.
Poverty, Unemployment, Brain drain all such problems are interdependent. And the only solution to all these problem is New Opportunities which asks for a new generation to come up with more entrepreneurs rather than managers.
Entrepreneurs are the ones who has the guts to make their imaginations alive, they can create more opportunities not only for themselves but for the people surrounding them. And that's what our India need nowadays.
Entrepreneurs Success is the success of entire society. Entrepreneur are those persons who can and who will make India a developed country.
|Amol said: (May 28, 2013)|
|According to me both managers and entrepreneur equally important. Entrepreneur are required to come with good plan and data. And now its managers work to use his all skills to convert that plan into good business. So its completely depends on each other. If the manager come with good work definitely business increase. And if business increase more investment will be increase by entrepreneur. It will help not only to boost economy but also employment rate into country.|
|Ranjit Sharma said: (May 15, 2013)|
I think both entrepreneurs as well as managers are equally important, because of following reasons:
1. An entrepreneur makes plan but it is implemented by a manager.
2. An entrepreneur comes with new idea but a manager collects and arranges all the resources necessary for that idea to be successful.
So a healthy ratio is very important between the two for an economy to develop.
|Preeti said: (May 9, 2013)|
|I think entrepreneurs creates opportunity and managers are the ones who keep enough powers to realize all those opportunity in the real world. And managers help in reaching those opportunity to unemployed youth. Managers are the ones who are in direct contact with working people they are quite aware of success rate of the implemented opportunity.
So I think if entrepreneur creates opportunity then manager also helps them by figuring out problems, success rate, requirements etc of the supposed plan. Since implementation of a plan is difficult part as India as developing nation need to conserve its resources so a better plan in usage of those resources is required where manager can help.
So managers are equally important as entrepreneurs. If there are more entrepreneurs then who will implement those plan n those plan will be seen in our history books. So a proper ratio is a must between entrepreneurs and managers.
|Abhishek Rai said: (May 4, 2013)|
Indian economy growth is not bad but in comparison with top nations Indian economy growth rate should be increase for this maximum number of people should get job and work and unemployment should be reduced and if this happens Indian economy will be on top. For this India need more entrepreneur than manager because if entrepreneurs increases, work opportunity also increases and by this unemployed person will get work and their incomes will increase and Indian economy will automatically rise and it also reduce poverty from India which is the major problem of India.
|Rohit Rathore said: (Apr 21, 2013)|
|According to me we need more entrepreneurs than managers because this leads to expansion of business in India which leads to profit to Indian exchequer by tax and it will also open job opportunities.
Entrepreneurs are supreme in taking decision and policy making by which they can boost their respective business while managers are just like educated slave to their masters.
|Poonam said: (Apr 16, 2013)|
I would like to present my views on this topic. According to me entrepreneur and managers both are important for market. Entrepreneur start their business with their creative and innovative Idea. They have idea and they know how can they use their ideas but after starting business they can't concentrate on everything. They need persons who can help to growth their business and manage all very well. A good entrepreneur with their creative and innovative ideas can easily spread their business all over world. We have a example of Infosys. But in simple words both entrepreneur and managers both are two sides of same coin "GROWTH".
|Neeraj said: (Apr 1, 2013)|
|Hi friends, with all due respect to all your points I would like to put my view that managers and entrepreneurs both are equally important for the economic growth of a country. Definitely entrepreneurs are the brain behind any start up organisation but to carry forward with that idea and the actual implementation of that idea is done by managers.
Without managers it will be difficult for entrepreneurs to progress effectively with the idea of business they have in mind. Importance of managers can easily be seen by all top entrepreneurs such as Wipro, Infosys, TCS all are hiring thousands of Managers from b-schools every year.
So I would like to conclude that there is equal importance of managers as well as entrepreneurs for the economic growth of the country.
|Raul said: (Mar 29, 2013)|
|I think entrepreneurs comes first as they follow there heart and innovative ideas of them and as India need more entrepreneur for economic growth and so many people unemployed, so they can help India to grow the manager in the competitive world we also need manager to minimize the risk and increase the profit there the manager role comes I would say 60% entrepreneurs and 40% managers.|
|Satish Mittal said: (Mar 28, 2013)|
|Before speaking to the topic the first thing is that we should understand about the topic. We need more entrepreneurs than managers.
1. Yes of course, by simple example we can say, in every big business organisation we see 8 to 10 top managers and the rest are managers.
2. It is widely accepted if a person is doing job in a business organisation definitely his boss will be earning more money than his managers.
3. The present youth should only depend upon the job, he/she should create innovative things, which might take them to a top level. Take the example of founder of nirma Mr. Karshan bhai patel he was the person by doing job also started a venture nirma surf and soaps today which are sold across 2 million kirana stores of India.
4. More or less government should take steps to develop business skills in the young generation of their states so that they can their own livelihood.
|Aksinha said: (Mar 26, 2013)|
|According to my view Entrepreneurs and manager both have most contribution among their roles depending upon working ideas thinking ability and their performance.
As entrepreneur is the one who can creates new diplomatic products, by their innovative ideas which are really motivational but they can not express properly in the market.
While the manager have that quality of managing directing & organizing so that manager can communicate the product with audience easily whichever made by entrepreneurs in efficient way.
|Priya Budhrani said: (Mar 9, 2013)|
|According to me both of manager and entrepreneurs are very important because there are one quotation that EVERY COIN HAVE TWO SIDES just like entrepreneur and manager are two sides of same coin. Entrepreneur have the idea about the business and he should also have the managing capability but entrepreneur is not enough to manage all the affairs of the business so sometimes he also needs a separate manager to give his innovative idea to make his business successful.|
|Sadaf said: (Feb 6, 2013)|
|An entrepreneur is can also creates jobs by creating a business model with his/her innovative idea. Even a housewife can become a successful entrepreneur by making a unique food item and convert it to business by selling it for profit.
Whereas a manager is one who is employed and will manage the business set up by someone else for a salary.
|G.D. said: (Jan 27, 2013)|
|We Need More Entrepreneurs than Managers :
1) Entrepreneurs create innovative products which could be easily consumed by our huge population.
2) Managers mostly try to move in Foreign Banks and consulting firms and thus they contribute less to the nation than what Entrepreneurs do.
3) More Entrepreneurs means more competition. This will help in improving the quality of the product and will also help in reducing the prices due to cut throat competition.
Thus is more Government support is available for the Entrepreneurs, it will boost our economy and hence will be very beneficial.
We Need More Entrepreneurs than Managers
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