Entrepreneur Vs Entrepreneur Essay

Decent Essays
Paper #3

There is a huge different in being an entrepreneur and being an employee. There are many different views on what an entrepreneur is, and therefore, it is hard telling if the people working for TaskRabbit, the Rabbits, are entrepreneurs or not. As entrepreneurs, the Rabbits gets access to consumers, independence, flexibility, a supplement income and access to different jobs. And for the Techno Sapiens, the ones who started TaskRabbit, it is a lower risk and they get more profit since it is cost effective. The consumers get access to more workforce and they can be flexible when choosing when the work should bee done. However, if you look at the Rabbits as entrepreneurs and not employees, the consumers have to take some liability and they might feel that they have to oversee the job. Also, the workers do not get any benefits, such as sick leave nor health insurance, and the income is more variable. Thus, some might prefer being an employee and not an entrepreneur. Since there
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The administration takes a 30% service fee with every task done, thus, the Rabbits are neither really independent nor self-employed and cannot be called real entrepreneurs. Joseph Schumpeter meant that entrepreneurship should result in a new industry. Entrepreneur is a person who exploit market opportunities through organizational or/and technical innovation. If you take Schumpeter’s definition of entrepreneurs, the Rabbits are not entrepreneurs but employees. The Rabbits are not doing anything new; they are rather doing the opposite. They are not converting a new idea into an innovation as a real entrepreneur does. Most of the Rabbits are people who have unemployed for a long time and just want to make a living, not people whit a new, amazing idea/dream. Since they are neither following an amazing dream, innovating or fully independent, the Rabbits cannot be described as an entrepreneur, they are just

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