The document compares the skills, responsibilities, risks, and rewards of being an entrepreneur versus being an employee. It notes that entrepreneurs take on more risk but also stand to gain more reward if their business succeeds, while employees have a fixed salary but less control over their work. Some key differences highlighted are that entrepreneurs are responsible for finding new opportunities and forecasting sales, must have strong networking and finance skills, and have no guaranteed income, while employees focus on efficiency, follow orders, and have more fixed work hours and job security.