We Need More Entrepreneurs than Managers

Hello friend, according to me - "Think big, think fast, think ahead. Ideas are no one's monopoly".

Do we Indians really believe in the perfect blend of astounding vision, aspiring mission and justified implementation? For how long will we remain a job seeker to our economy? How much and what more motivation and spur do we need just to come out of our colonial service oriented mentality?

We certainly don't have answers. Maybe a few has, but just few.

Don't we think the Google evolution and Facebook factor could have been started in the silent doors of IITs? Maybe yes. If NASA is dependent on Indian brains for various missions, if more than 30% employees of Microsoft are Indians if the stack of big brand foreign Universities are overflowed with Indian brains (real brain drain, though), then why is US more prosperous than India? Indians are universally known for their intelligence and Math-ability, then what's wrong with India when it boils down to prosperity?

The simple answer is Lack of entrepreneurship.

Having 1.17 billion populations with 27% lying under the poverty line, if India wants growth, then we need to exterminate poverty. Simple solution seems to be employing the unemployed. Not at all simple though. If the top part of the pyramid is truly aiming for the self-satisfaction of Maslow's law by seeking jobs, then do we have anything left for the lower pyramid?

NASSCOM and CII have estimated that if India wants to be a developed country by 2020, it needs to create 10 million jobs. The million-dollar question is how these jobs are going to be created.

Government sectors can't help for such a large amount. So here come private sectors with smiling face. Though industries are expanding but not at that rate to consume such a large number. Fortunately or unfortunately, the solution and answer are bound to be the same old cliche "Entrepreneurship".

Why do we need entrepreneurs, because they create jobs as per TIE (a non-profit Organization for promoting Entrepreneurship), each entrepreneur creates at least 30 jobs. They set the stage for a booming economy unlike a mediocre manager, a job seeker, a burden to an economy.

Managers will do bits and pieces; use their credibility and intellect to make the big bosses (like Bill Gates, Warren Buffet, Mukesh Ambani, Ratan Tata) to win the so called "My Company biggest and bestest" rat-races; whereas the entrepreneurs make themselves and nations richer.

Why do people flock to US, simply because the US has more opportunities? What can be done to prevent this self-ruining brain drain? The answer is again to promote entrepreneurship. Look at the figures of Indian exports: software business proudly mounting its head. But again, we Indians have got a benchmark of "good at service (serving US for money).

Dhirubhai Ambani.

The very known and true story of realization: The IIMs (Indian IT Males) try for IIMs, participate in the rat race and become just managers and secure high paid jobs. Had Dhirubhai Ambani, JRD Tata, S. P Godrej thought in the same way, we would not have got such large industries which are even capable of acquiring International Giants.

Entrepreneurs are people who turn dreams into reality. They are the wealth creators of economy. This self-created wealth insulates the economy from recession and helps to make it robust and reliable for FIIs and FDIs. The entrepreneurial aspects of inclusive growth in an economy like India having such demographic dividend may create a huge impact in global arena.

Entrepreneurship in India will help to avoid monopolies and it will help Indian market export competitive and will make the "MADE IN INDIA" brand more acceptable with quality products and services. It has been found that nations with quality entrepreneurs always have a pro-liberal government supporting and promoting entrepreneurship; hence economy like India should have policies favorable to businessmen and entrepreneurs which will lead to an win-win situation.

Why only business tycoons? A simple example of spiritual gurus. Ramakrishna created Swami Vivekananda. Swami Vivekananda has created thousand of Vivekananda who are capable of running the monasteries successfully in absence of him. This shows how a vision is born, how a mission is realized and an implementation is materialized.

Hi everyone,

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.

Thank you.

Hi all,

I think we need more entrepreneurs than the manager. Entrepreneurs help in job creation. They are constantly innovating and always trying to build new businesses. To make Start-Up India and MAKE IN INDIA program a success more and more entrepreneurs are required. Entrepreneurs help in the development of the economy. An entrepreneur had to look in multi-dimensions like sales, marketing, development whereas a manager thinks only in one specific field. The manager's role is to make sure what happens today will be successful whereas an entrepreneur has to see what is required in the future. Entrepreneurs can be a manager but managers cannot be an entrepreneur.

Friends, first of all, we need to understand what do terms managers and entrepreneur actually means. An entrepreneur is a person with ideas, skill, and courage who would take any risk to pursue that idea, to turn it into a reality. Managers are those who manages and controls the functions of a company or an organization.

More entrepreneur means that they would develop new companies by their own skills which is very useful for a developing country. On the other hand, more managers would help in controlling the functions of an organization in a more precise way and in a traditional way. This would be led to development. So, more entrepreneurs are required as it would also provide job opportunities for many youths who are the future of any country.

Yes, I agree. We need more entrepreneurs than managers. For becoming a manager you need only qualification and experience but for becoming an entrepreneur; you need vision, conference, consistency and decision power. An entrepreneur is a person with ideas, skill, and courage who would take any risk to pursue that idea, to turn it into a reality. Managers are just a part of company and entrepreneurs are nothing but the owners.

Hi All,

I would like to add few more points it.

The country like India needs more entrepreneur than the manager.

The manager plays the important role in driving the business towards success by maintaining the data to day activity with his employees of the organization.

Enterpreneurs are one who invole in themselves to their vision, innovation, ideas turned into reality in which it will create the job opportunities for peoples.

We can create a number of the manager if we giving the good training for 6 months about how exactly run the business then he will maintain the business towards success.

But we cannot create number of entrepreneur as like manager by giving the training, their ideas will be different from everyone, their ideas will be different from all,

They have to sacrifices their entire life to create something, In which provide for employment opportunities to the peoples.

The manager knows his path and takes us for all the things to run the business.

An entrepreneur takes us down the unknown path to success our life.

I am giving an example of a home where entire family leads a good life.

The manager is like wife and Entrepreneur like Husband. Husband has to work hard to save his family. Whether he earns the money, his wife will maintain the household things.

Once he loses their interest work then the whole family deserve death or go hungry.

Still, we want to think about our country where all the peoples are going to the US to settle down their life also we completely depend on the US by providing the only services.

Once we lose the project or business then we will face plenty of difficulties.

We have to be king so then Indian Govt has to promote create more entrepreneurs rather than a manager.

Entrepreneurs are risk-taking individuals or a group of individuals who come forward to make money while creating job opportunities for mass. The need for entrepreneurs is because of the greater mismanagement of managers in an enterprise. Why we need more entrepreneurs than managers because they have risk taking ability.

Entrepreneur is an independent body where as managers are ruled by entrepreneurs. Independent bodies are always welcomed as they are much more creative and innovative.

Encouraging entrepreneurship means encouraging more job opportunities. Managers provide service. But they can't create services. Starting from a small private school to any government sector enterprises such as NTPC enterprises have created jobs in plenty.

Entrepreneurs are more concerned for service satisfaction and not merely monetary need unlike managers.

They are least corrupted as they have no one to cheat except themselves. But managers can avail all opportunities to get profit for themselves. Managers have less sense of belonging to the organization where as entrepreneurs are more dedicated.

Entrepreneurs are experts in risk management and are daring to try new technologies. This is a silver line for the corporate sector.

Entrepreneurs are the risk takers and managers are the performance takers.

Entrepreneurs invest money they adjust money.

Entrepreneurs are the creators and innovators while managers are the recruitment directors.

Out of all the points, that they are the one body and one soul or can say that 2 sides of the same coin.

So entrepreneurs are helpless without managers and managers are useless without entrepreneurs.

According to me, entrepreneurs are more important as it is an encouragement to the youth to achieve big and dream big we have a lot of entrepreneurs as an example of Steve Jobs and Steve Wozniak (Apple. Inc), google by larry page and Sergey Bin, Bhavesh Aggrawal (ola) etc.

The entrepreneurs bring the new innovative and inventions in the respective fields by the employment opportunities increases. Whereas managers manage and improve the ideas with strategies which are already invented and they became one part of the company for its growth.

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.

Conclusion:-

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.