This document characterizes the differences between entrepreneurs and freelancers. Entrepreneurship involves finding gaps in markets and bearing greater financial and emotional risks than freelancing in exchange for the potential to build a long-lasting legacy and assets. Freelancing offers more flexibility and direct involvement in income creation through managing client projects, but does not promise long-term assets or stability in the way entrepreneurship can. Both paths aim for independence but require different skills, with entrepreneurs taking on a generalist role while freelancers specialize in their field of expertise.

1. CHARACTERIZING
ENTREPRENEURS
& FREELANCERS,
AND THEIR
WORKING
RELATIONSHIP
EDDIE DOVNER
eddiedovner.gov

2. Entrepreneurship is recognized
as a function that finds the gap
in markets, while freelance is
known for its ability to identify
gaps in projects.

3. Entrepreneurship and
freelancing are considered to be
two paths toward freedom.
Writers and contract workers
frequently seek out freelance
opportunities, which allows
ownership of their personal and
professional time.

4. For the same reason, individuals
belonging to numerous
industries seek out
entrepreneurship. The difference
between the two routes is that
entrepreneurship is a bolder
choice that has the potential to
offer something greater than the
expectancy of money, but the
formation of personal legacy.

5. For the same reason, individuals
belonging to numerous
industries seek out
entrepreneurship. The difference
between the two routes is that
entrepreneurship is a bolder
choice that has the potential to
offer something greater than the
expectancy of money, but the
formation of personal legacy.

6. Certainly, freelancing can be
more attractive, for
entrepreneurship is more
demanding. Freelancing offers a
more direct and active role in
income creation, it’s simpler and
requires fewer financial risks,
opportunity risks, or emotional
risks.

7. Freelancing is frequently chosen
because it’s a way to make
money while focusing on quality,
without the worry of solving
critical world problems. As a
freelancer, you manage
portfolios, find and retain clients,
and you’re able to decide how
much compensation you’d like
to receive for your projects.

8. There’s immediate gratification
promised after the completion
of the assignment. Freelancing
offers a great deal of agility, but
entrepreneurship has greater
rewards in the long run.
Freelance doesn’t promise you
long-term assets, but it promises
a stream of income.

9. While you’re building your
business, you create assets
belonging to you and your
organization. Even when dealing
with the dark complexities of
entrepreneurship, you are
fashioning an economic
structure that can bring you
great eventual success.

10. The trouble and thrill of
entrepreneurship rests with the
knowledge that it ebbs and
flows; while one month may see
success, the next month may be
struggling the very next month.
As a business leader, you control
your business, but you can
control market behavior.

11. Entrepreneurship demands that
you manage your business well,
but that you also have a firm
understanding of the market
that you serve, ensuring that all
products align with customers’
needs.

12. Cash positivity isn’t promised,
that’s the case whether
discussing entrepreneurship or
freelancing. For entrepreneurs,
who’ll likely need to elect the
help of others, this can be a
challenge.

13. A large part of being an
entrepreneur is being able to
assemble a team of individuals
who are like-minded or people
who know better than you, this is
the case when hiring designers,
developers, a salesperson, or any
other staff support. Learning to
hire, motivate, and retain great
talent can be a challenge if
you’re worried about the
profitability.

14. Freelancing is a field for
specialists, for those who an
absolute understanding of their
field, and they have the ability to
serve was being requested.
Entrepreneurs become
generalists as they supply
numerous resources to their
teams, you pass on support and
services to the public.

15. Skills and services provided by
these leaders often work in
tandem. Freelancers can be
valuable supporters for
entrepreneurs, offering their
unique abilities as developers or
writers, thus helping faithful
entrepreneurs to continually
seek out their dream even when
they fail.

16. Conversely, freelancers don’t
require a team. While they
sometimes partner with others,
much of their work is solitary,
focusing on their respective area
of expertise, whether that be
writing, marketing, sales,
designing, or customer support.
Freelancers provide a core
service while entrepreneurs tend
to sell services as products and
make products.

17. INTERESTED IN
LEARNING MORE?
PLEASE VISIT
EDDIEDOVNER.COM
EDDIE DOVNER
eddiedovner.gov