Mika
VIP Contributor
A lot of people desire to become an entrepreneur but do not even know what entrepreneurship is. They even do not know how entrepreneurship separates form a business. While a businessman may focus solely on immediate profits, an entrepreneur looks towards long-term gains and aims to make a difference in people's lives, rather than just pursuing money. Here is a quick example. If you buy 10 t-shirts for $5 each and sell them for $10 and make a total profit of $50 profit, you're operating as a businessman. However, if you buy the same quantity of t-shirts for the same price, invest $2 in creating new designs for each shirt (such as embroidery, digital print, etc.), spend an extra $3 to establish your t shirt brand, and then sell shirts for $25 each, you make a $15 profit per shirt and $150 in total profit. The second method makes you as an entrepreneur.
