There’s a lot confusion in distinguishing between the two types of entrepreneurs: a CEO and an Entrepreneur. There’s a widespread belief that entrepreneurs are the same as CEOs. you’re inherently CEO-ready. If you’re a CEO, then you are by definition an Entrepreneur. But this is a serious error to believe that.
Entrepreneurs are those who is able to envision starting a business following the discovery of an opportunity on the market. They are the ones who take on the risk of financing with the hope of turning their idea into a lucrative business.
Entrepreneurs create an advertising strategy, employ labor, buy sources and finance, and provide direction and management for the business.
Entrepreneurs play an essential part in the financial aspects by utilizing the expertise and initiative required to anticipate needs and communicate new ideas to the market.
The Chief Executive Officer. establishes their company’ culture . They are considered as the head of the company. He/ She also holds the authority to take the decisions.
The CEO ensures that the management of the organization is in continuous awareness of the competitive external and internal landscape, future prospects for expansion, customers market trends, industry changes and the latest standards.