You are living a lie!

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“Entrepreneur” – it’s a buzz word. This is something that’s been eating at me for a while. Everyone wants to believe they’re an entrepreneur—but I think a lot of people don’t really understand what it means.

I was listening recently to a Jay Abraham and Tony Robbins recording and they made a phenomenal point. One that I’d been on the cusp of, I’d been looking for an answer to—but I hadn’t quite made the jump.

A lady on this recording was talking about her business and Tony asked her,

“Would you ever sell it? I mean, if someone offered you money right now?”

Her answer was a fast and resounding,

“No!”

“Then you’re not an entrepreneur,” Tony said. “You’re an artist.”

This is exactly the distinction I was looking for.



Are you an Entrepreneur – Or an Artist?
If your Work is building, selling and buying businesses, you’re an entrepreneur.

If your Work is the subject of your business—a passion for helping a particular group of people or around a particular product or subject, you’re an artist.

Still not sure?

Ask yourself this:

If someone offered you a reasonable amount of money for your business, would you sell it?

If the answer is a resounding “yes”—if you’d happily flip what you’ve got and take the money to go into the next thing—then chances are, you’re an entrepreneur.

If the answer is “no”—if you’d struggle to let go of the thing you’ve built, if it’s your passion, if you love your community and your employees—then chances are, you are NOT an entrepreneur.

I know for some people, that’s a hard pill to swallow.

“Entrepreneurs” are this generations rock stars (as even rock and movie stars become entrepreneurs). You WANT that title. But the odds are, it’s not REALLY you.

PLEASE UNDERSTAND!

There is no value judgment here.

One is not better than the other. Both have their upsides—and their downsides.

The question is—who are you REALLY? Because when you understand and embrace that, you’ll find yourself in state of flow a lot more often. Resistance of who you are is the quickest way to misery.



Entrepreneur Vs Artist: A Profile
Entrepreneurs are good quitters. They know when to walk away.

Artists suck at letting go. They hold on to things long past the point of them making sense, because they care so much.



Entrepreneurs primary motivation is The Win.

Artists primary motivation is The Work.



Entrepreneurs normally have several ventures running at any given time and don’t care which one takes off.

Artists may have more than one thing going on, but all of those things will typically be focused on the same outcome.



Entrepreneurs are good leaders. They find great staff and delegate.

Artists tend to get by on passion, they find it difficult to let go of the reigns.



Entrepreneurs end game is to sell.

Artists typically haven’t thought about their end game—because they don’t consider that the game has an end.



Entrepreneurs look for funding.

Artists are horrified by the idea of giving even a small percentage of their business to someone else.


Entrepreneurs can tell you exactly what business they’d go into next.

Artists can’t imagine being in any business but the one they’re in.



Entrepreneurs will be involved in many businesses throughout their lives, often in completely unrelated industries.

Artists may be involved in different businesses—but always in the same space with the same end. Often, if given the choice, they’ll stay in the one company forever.



I’ve segregated this list of famous business owners into artists and entrepreneurs based on what I think—but I’m interested to hear your opinion! Do you agree that Steve Jobs was an artist? Is Zuckerburg an entrepreneur? Are there people missing from the list? Where would you place them?

Comment below!



Famous Artists

  • Steve Jobs
  • Warren Buffet
  • Walt Disney
  • Bill Gates
  • Jeff Bezos
Famous Entrepreneurs

  • Richard Branson
  • Donald Trump
  • Mark Zuckerburg
  • Ray Kroc
I nicked this
 
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I'm into my fifth businss and I sold three of them. I am about to start my sixth, so what does that make me?

(I get bored after about ten years!)
 
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If someone offered me enough money I'd sell tomorrow. However, I know there's zero realistic chance of that happening with my small business. I enjoy it but I'm certainly not dedicated to it beyond making me a living.
 
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I'm into my fifth businss and I sold three of them. I am about to start my sixth, so what does that make me?

(I get bored after about ten years!)


Fifth or sixth business here and likewise I get bored, They call it the seven year itch I think and I aint no artist
 
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I am working on getting enough money together to get that Nicki Minaj hologram I've always wanted.

P.S. I wonder if she sells shares in her buttocks?

i am sure you could have all that and more whilst relaxing in your apartment in Monaco ;):p
 
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Relaxing in an apartment in Monaco is my idea of hell on Earth!

The sticky heat, the biting flies, the vular people, the crowded spaces, I could go on, but you get the idea.
 
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"A person who organises, operates, and assumes the risk for a business venture."

It's in the genes and I've been doing it since I was about 12. I would suggest that anyone who listens to Tony Robbins et al, for any length is probably not an entrepreneur and nor is the person who originally wrote that lengthy monotonous piece without saying very much.
 
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Relaxing in an apartment in Monaco is my idea of hell on Earth!

The sticky heat, the biting flies, the vular people, the crowded spaces, I could go on, but you get the idea.

more of a yacht person are you? Fresh air, the sea, the fish, cocktails ;)
 
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I can see the sea and I do have a small boat that I haven't used in ages. But a walk in the woods with the dogs is my idea of bliss.
 
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I don't do labels - I am me. I find all this enterprise and entrepreneur talk is usually just created by journalists for something to write about and spoken about by people who, to quote my Dad "will spend their life in a job where they have to wear name badges"

I don't care what you call me as long as I am happy and paying my bills and if I can help someone else along the way by employing them, so much the better.
 
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What a load of cobblers. Bill Gates and Steve Jobs aren't entrepreneurs my arse. Just two of the largest self-made companies on the planet - one of which being THE most successful company on the planet.

And the defining quality of an entrepreneur is someone who'd sell his/her business at the drop of a hat - utter pish.

All that's describing is greed and selfishness.

An entrepreneur is someone who sets out to create his or her own business in the hope of making a profit. That covers lifestyle businesses as well as sociopathic doshco ltd.
 
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An entrepreneur is someone who sets out to create his or her own business in the hope of making a profit. That covers lifestyle businesses as well as sociopathic doshco ltd.
An entrepreneur is someone who sets out to create his or her own business in the hope of making a difference.
If Gates, Jobs, Branson were in it for the profit alone, they'd have stopped years ago...
 
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What on earth does 'make a difference' mean?

Both Gates and Jobs set out to make money, nothing more complicated than that.

Jobs (and Wosniak) started out selling equipment that could make free telephone calls illegally and flogged it all around Hollywood before founding Apple.

Gates (and Allen) saw a lucrative opportunity to get into the new operating systems market and deviously (and damned cleverly) created their own OS in competition to the one they'd been paid to build for IBM.

Neither were in it for philanthropic reasons, neither could possibly predict what eventually happened. Both are entrepreneurs by any definition at all.
 
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I think people get confused with being a 'businessman' or being an 'entrepreneur'. The two are similar but different. This site explains it very well.

http://redjester.net/10-differences-between-a-businessman-and-entrepreneur/

I'd say 99% of the people on here who think they are 'entrepreneurs' are actually 'businessmen' (businesswomen for the politically correct of you on here). The question I have to you all is why are so many of you upset at the thought that you are a businessman and not an entrepreneur? What's wrong with calling yourself a businessman?


Chris.
 
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Chris34 said:
What's wrong with calling yourself a businessman?

Absolutely nothing, it's a fine word. What I'm objecting to is being called a friggin artist and that Jobs and Gates aren't entrepreneurs! Pure Bollox.
 
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What on earth does 'make a difference' mean?

Both Gates and Jobs set out to make money, nothing more complicated than that.

Jobs (and Wosniak) started out selling equipment that could make free telephone calls illegally and flogged it all around Hollywood before founding Apple.

Gates (and Allen) saw a lucrative opportunity to get into the new operating systems market and deviously (and damned cleverly) created their own OS in competition to the one they'd been paid to build for IBM.

Neither were in it for philanthropic reasons, neither could possibly predict what eventually happened. Both are entrepreneurs by any definition at all.

I agree 100% with cjd. Sure there is the overarching theme of 'follow your passion and the money will follow' but of course it doesn't *always* go like that.

Jobs was driven but was lucky enough to partner up with Woz, an electronics and software wizz who could turn his desires into an actual product, not many people were as clever as Woz.

Likewise, Gates had Paul Allen, whilst Gates was a coder it was Allen who was the real genius and hardcore coder.

What both of those companies had on their side was timing. They rode the crest of the home and personal computing wave which was absolutely huge. Could anyone else in their shoes been as successful and done the same? Some could maybe but plenty of others would have royally screwed up as they were big risk takers (that would have counted me out).

One other thing that is not well know is sure Micro$oft made its money from licensing MSDOS, which was bought and slightly modified from a small Seatlle company but just how did Gates get an intro to IBM? His mother (a lawyer) was on the board of the school governors of some high school that an IBM rep was also on.

Luck and timing but brilliant execution too!
 
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Both Gates and Jobs set out to make money, nothing more complicated than that.
So why didn't they stop once they'd made some money...? Who needs 70 billion plus? (I do, I do! :D)
If you're out to make money, leasing a jumbo and going up against an established giant like BA doesn't seem like a good plan to me...
When Gates was a billionaire CEO, he reputedly stayed up all night coding... in Basic of all languages... Clearly he didn't need the money, so why would he do that...?
Sure, money has to be part of it, but seriously doubt that's all of it or even a major part... Money doesn't motivate me - except, perhaps, when I don't have any... :D
 
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When Gates was a billionaire CEO, he reputedly stayed up all night coding... in Basic of all languages... Clearly he didn't need the money, so why would he do that...?

He didn't actually, in fact he stopped soon after Microsoft was making alot of money from licensing DOS. His forte was business development. I have just finished reading Paul Allen's book which is a great read and useful insight from another perspective into how M$ formed and grew.

But I do get your point, these guys are not driven by money as they generate so much wealth. Most of us would have bailed out long before, well I know I would! :)
 
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And the evidence that they're not driven by money is.....that they keep on making more money??

But of course that's not the only reason, people do things for all sorts of complicated reasons - interest, habbit, power, influence, a desire to change the world, control, status, image, greed, because they can, because to stop would look like failure, because they feel responsible to their staff, because they don't want to see their competitors take their market etc etc

None of this has anything to do with whether they're entrepreneurs or not of course...
 
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Do you think Richard Branson or Bill Gates really ever worried for one minute whether they are entrepreneurs or not. However, I do know one, albeit fictional person who did and that was Del Boy.

Life coaches and self-help book authors may make a big deal over it but that is because they are making money out of doing so.
 
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Do you think Richard Branson or Bill Gates really ever worried for one minute whether they are entrepreneurs or not. However, I do know one, albeit fictional person who did and that was Del Boy.

Life coaches and self-help book authors may make a big deal over it but that is because they are making money out of doing so.


very good answer I like that .

I would say its only this site really Its a great site but it does attracts dreamers wafflers and people that go on and on looking at people they have seen in the public eye and getting doe eyed . They probably don't have a business or a clue about what actually goes on in the real world of business .

Those of us real people get call lots of names. We choose to ignore the names we would rather not be called and on the same token not take any notice of the polite names .

Quite frankly Im too old for this c@@p I don't care what anybody else does what anybody else is called or how they should be labelled or how you view or label me
The focus should be on the real people on this site that are running businesses !!!

If anybody mentions The apprentice ,Steve Jobs ,Richard Branston Pickle or any other famous person they should be banned from this site as it gives the less experienced members a false sense of reality
 
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I Like Ben Settles view and rather be an Antipreneur.
Too many wanna be's ... not enough passion out there.
 
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You
From the horses mouth... ;)

Yeh, right. The money wasn't important and yet he knew exactly how much he had at the ages of 23, 24 and 25 many years later.

He would not have done what he did if it wasn't making money. But no doubt money was not the only factor - for normal, non-psychopathic people it never is. As I've said people do things for complicated reasons and he mentioned a few of them.
 
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Gates' family was well off, Branson's dad bailed him to the tune of at least £500k in today's money, don't know about all others but the often common trait is that they were pretty well sorted financially anyway, before making billions.

When you are homeless, it is hard to get £10 and £100 seems a mile away. Get onto the bottom rung and £1000 is a pipe dream. When you have nothing, you can't keep going "all in" every hand. However, if mom and dad are loaded, you have a free rein to risk it all and then some, often bankrolled by the oldies.

Some of us never had that.
 
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I think people get confused with being a 'businessman' or being an 'entrepreneur'. The two are similar but different. This site explains it very well.

http://redjester.net/10-differences-between-a-businessman-and-entrepreneur/

I'd say 99% of the people on here who think they are 'entrepreneurs' are actually 'businessmen' (businesswomen for the politically correct of you on here). The question I have to you all is why are so many of you upset at the thought that you are a businessman and not an entrepreneur? What's wrong with calling yourself a businessman?


Chris.

Personally far too busy building my first company up so I can move onto others to be interested in what label people might like to stick on me.

always_be_yourself_unless_you_can_be_a_pirate_poster-r78ad4e7652b94e6dad34160e1a7e186d_zec_8byvr_324.jpg
 
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I reckon if you're concerned with whether you're an entrepreneur or not then you're an aspiring entrepreneur whatever that says about you. I reckon it doesn't matter. Anyone who calls themselves an 'entrepreneur' is just a bit of a chancer in my mind. I run a business. I enjoy my business as I have expertise in it. I wouldn't want to be in a business I knew nothing about that would be stupid.
 
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I reckon if you're concerned with whether you're an entrepreneur or not then you're an aspiring entrepreneur whatever that says about you. I reckon it doesn't matter. Anyone who calls themselves an 'entrepreneur' is just a bit of a chancer in my mind. I run a business. I enjoy my business as I have expertise in it. I wouldn't want to be in a business I knew nothing about that would be stupid.

Someone who properly understands what it takes to make a business work can pretty much run a company doing anything, what the company actually does is pretty much irrelevant as they all need the same things like a well structured management team, staff who are picked on values not skills etc.
 
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What a daft generalisation; putting people in one box or the other.

Entrepreneur is one of those words that even the Oxford Dictionary couldn't convince me has a fixed, one size fits all definition.

To me, all of the people on both lists in the OP are entrepreneurs, and some are ALSO artists (yes you can be both, like being tall and ALSO being from London - they're not mutually exclusive categories).
 
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"Entrepreneur" is a tricky word.

By the formal definition, it is someone who sets up a business and assumes some sort of risk in doing so. That would apply to a fairly large number of business owners.

However, the word has been pulled apart and used in so many different ways that different meanings have now been attributed to it and accepted in the general lexicon.

I think the media have stirred it up into a bit of a buzz word. They've frequently used "entrepreneur" to describe people who have came up with brand new ideas and nurtured them into extremely successful businesses within a relatively short period. As a result, people like attributing the word to themselves as it has a higher sense of importance and worth.

The simple fact is that this word has been taken away from its original meaning, and trying to pin a new label on it is like trying to decide who's personal opinion is the best. Anyone who tries to tell someone else what it means without using the original definition is just giving their own opinion without any real authority over anyone else's views.

I understand what the article is trying to get at. Some people are passionate about the purpose of their business and use it as a source of inner fulfilment, whilst others have a passion for setting up businesses and making profit without any attachment to what they're doing.

However, they've just adopted an already-defined word to do it, which has no merit or authority over what anyone else thinks of the word.
 
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