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Isn't that the difference between an entrepreneur and a freelancer? Freelancers only get paid when they're working and entrepreneur's set up businesses bigger t
by bennesvig 15y ago
Isn't that the difference between an entrepreneur and a freelancer? Freelancers only get paid when they're working and entrepreneur's set up businesses bigger than themselves where they can make money while they're not working (sleeping).
- _delirium 15y agoI see the main difference as whether you're making the decisions on what to build/sell, versus doing it to a specification given by a client. It somewhat correlates in tech, but in most industries entrepreneurs aren't defined as making money while they sleep. For example, a very traditional kind of entrepreneurial activity is to open a brick-and-mortar shop. A mom-and-pop bakery doesn't make money when they aren't there, but is entrepreneurial (in fact opening a bakery is basically the economics textbook example of entrepreneurship).