We Need More Entrepreneurs than Managers

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.

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.

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.

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.

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.

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.

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.

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.

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.

Thank you.

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.