our blog

Entrepreneur or Small Business Owner?

Oct 28, 2013 | Uncategorized

Home > Entrepreneur or Small Business Owner?

Image

Recently, someone referred to me as an entrepreneur on one of my Facebook posts. Sure, I subscribe to Entrepreneur magazine, but am I really an entrepreneur, or do I just run a business? Clearly a tech startup founder is an entrepreneur. But is a barber who opens up a barbershop an entrepreneur? What’s the difference?  There isn’t one. If you wake up in the morning and are walking out on faith that your idea or business or storefront is going to turn a profit that day, then you are an entrepreneur. One thing we all have in common is that we never give up and we are willing to give it a shot.

Well according to SBA.gov website: https://www.sba.gov/content/what-entrepreneur

What is an Entrepreneur?

An entrepreneur is a person who organizes and manages a business undertaking, assuming the risk for the sake of profit

An entrepreneur: Sees an opportunity. Makes a plan. Starts the business. Manages the business. Receives the profits.

In my case, I’m an entrepreneur that happens to run a small, but growing business. I’m a risk taker. Everyone who has a dream of starting a business is going to have to be prepared to take some serious risks. This year, I put my entire staff on payroll. I’ve assumed the risk that we will generate sufficient business and profits to cover payroll for the team, as well as myself and the overhead (office space, equipment, utilities, etc.)

Being a risk taker is a mandatory characteristic of being an entrepreneur. Here is a  great article from QuickBooks featuring helpful tips and advice for starting your own business.

https://quickbooks.intuit.com/ca/resources/accounting/turning-your-expertise-into-profits/

Need a good boost to get your new business off the ground? Have an idea, but not sure if it will work or not? Here is a great resource for you from one of my heroes, Zappos CEO Tony Hsieh: 10 Lessons Every Entrepreneur Can Learn From Zappos CEO Tony Hsieh

Tony Hsieh has successfully built and sold not one, but two companies. Link Exchange sold for $265 million to Microsoft and online shoe retailer Zappos.com sold for $1.2 billion to Amazon.

https://addicted2success.com/success-advice/10-lessons-every-entrepreneur-can-learn-from-zappos-ceo-tony-hsieh/

————————————————————————————————————–

Ramon has over 20 years of experience in award-winning, market-proven, print collateral, marketing material, iphone/ipad app and website design specializing in corporate identity and branding. Ramon’s passion for entrepreneurial design was borne out of 10 years as Creative Director for Jay Walker at Walker Digital, the Stamford based idea laboratory and business incubator holding over 300 US Patents. Ramon served as Senior Art Director on the start-up launch team behind Priceline.com, a Walker company and invention. Most recently, Ramon’s logo and identity work was selected to be published in “Typography and Enclosures” the fourth book in the Master Library series by LogoLounge. Most recently named 2013 Shelton Award Best New Startup Consultant.

 

Company Website www.peraltadesign.com

Follow Ramon on Twitter @Peralta_Design

Sign Up For Our Newsletter

Follow Us For Updates!

Facebook
LinkedIn
Instagram