Entrepreneurship and startups are related terms, but they have different meanings.
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| Entrepreneur vs Startup |
An Entrepreneur is someone who starts and manages a business venture, taking on financial risk and organizing resources to achieve their goals. Entrepreneurs are often seen as innovators, risk-takers, and visionaries who are willing to go beyond the status quo to achieve their goals.
A Startup, on the other hand, is a new company or business in its early stages of development. Startups are typically focused on developing and bringing to market a new product or service, often in a high-growth industry. Startups are characterized by a high level of uncertainty and risk, as well as a need for funding to get off the ground.
While all startups are entrepreneurial ventures, not all entrepreneurs are necessarily involved in startups. An entrepreneur may start and manage a small business that doesn't fit the typical high-growth startup model, while a startup founder may not identify as an entrepreneur but instead as a technologist or product developer.
In summary, entrepreneurship is a broader term that refers to the act of starting and managing a business venture, while a startup is a specific type of entrepreneurial venture that is focused on developing and bringing to market a new product or service with high-growth potential.
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