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Episode 10 - One Plus One
So this sounds dumb right? But so many people get confused between what a businessman is and what and entrepreneur is!
They are similar and often over lap but the best way to show the difference is as follows:
Businessman buys 2 bananas for $2,00 - splits them and sells each for $1,50, so he make $3,00 (one dollar profit). This is your classic One Plus One.
An entrepreneur also buys 2 bananas for $2,00 - but he makes banana juice and sells it for $5,00 ($3,00 profit). This is very much not One Plus One as there are so many variable and moving parts. This is high risk and high reward!
In a world where everyone wants to be an entrepreneur or is an entrepreneur its worth understanding the difference. Its totally okay to be either one, or part of each or more one the other but just understand the difference.
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By Kinger
5
66 ratings
So this sounds dumb right? But so many people get confused between what a businessman is and what and entrepreneur is!
They are similar and often over lap but the best way to show the difference is as follows:
Businessman buys 2 bananas for $2,00 - splits them and sells each for $1,50, so he make $3,00 (one dollar profit). This is your classic One Plus One.
An entrepreneur also buys 2 bananas for $2,00 - but he makes banana juice and sells it for $5,00 ($3,00 profit). This is very much not One Plus One as there are so many variable and moving parts. This is high risk and high reward!
In a world where everyone wants to be an entrepreneur or is an entrepreneur its worth understanding the difference. Its totally okay to be either one, or part of each or more one the other but just understand the difference.