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.

I think the need of entrepreneurs are must as well as need of managers.

Because every entrepreneur is always working as a manager if we want entrepreneurs so we must need of managers.

Hello to all, the combat between entrepreneurs and managers, I mean.

Which one do we need most, in this point what I want say is managers can quit their current job and look for another one but when an entrepreneur quits its all over for him and when if such things happen a country like India will be always in developing stage I mean will never develop. Thanking you.

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. So in my opinion society needs an entrepreneur first then a manager. Moreover an entrepreneur initiates a new business, concept and serves the society various ways where as a manager undertakes limited risk and works for the organisation and serves the purpose for which he/she is employed for.

Yes, we need more entrepreneurs because they are working for society,

Culture and towards improving our system. And they guys have.

Exceptional risk taking ability than managers.

Hi friends, we know very well that every business goes on by its.

Entrepreneur that is the source of the profit without entrepreneur there is not any business grown up, manager manages the business that means how to manage the profit, loss, product price, product range etc. , that is the duty of the manager. Entrepreneur is the part of the business without entrepreneur business is not possible but without manager, business is possible initially.

It's mean to say that when you start the business initially you must have.

The money not manager, initially you are the manager of your own business. When your profit is increases then you thought about other people to manage your company.

In other cases when you have a lot of capital than you must be thought.

About manager and other employees to manage the company. In that case, also entrepreneur is more important that manager for profit.

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.

Dear All,

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.

Thanking all.

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.

Entrepreneurs or managers? It's an important area to be noticed as in.

This growing area of industries and cut-throat competition we need to focus more on maximising profits in a smart way rather than opting for a hard way. Entrepreneurs, as we all know, have innovative ideas and they come up with implementing their ides into reality. Hence they are smarter than the managers who work hard all day to maximising profits. Entrepreneurs provide us with more and more job opportunities which are real important in a country like India. Entrepreneurs take us to the different aspects of business as well as doing business with their innovative and visionary mind. Thus giving an add-on to the business field. Moreover one should prefer being an employer than an employee himself which we can achieve by becoming an entrepreneur with our creative minds! Hence in schools and colleges too students should be encouraged to become an entrepreneur by holding several product making competitions which will invite several ideas at one place and proper guidance should be given to convert those ideas into reality! After all, we need more entrepreneurs and their respective ideas rather than just a manager who acts as a mere servant to entrepreneurs!

Hello guys,

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.

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.

Hello Friends,

Hassanuddin Qureshi.

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.

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.