The Hartford surveyed small business owners about which terms they use to describe themselves. The survey revealed that 61 percent of small business owners believe there is a difference between the terms “small business owner” and “entrepreneur.” While both terms have been used interchangeably, owners of small businesses have real preferences about what to call themselves.
The survey found that 51 percent of respondents prefer the term “small business owner” and just 18 percent prefer “Entrepreneur.” Interestingly, more Millennials identify as entrepreneurs compared with older business owners.
Regardless of what terms the owners prefer, they had one thing in common – they are passionate about running a small business. Forty-eight percent of respondents said they opened their business to pursue their passion and 56 percent describe themselves as doing something they are passionate about or enjoy. Check out the details below and let us know if you think there’s a difference between small business owner vs entrepreneur: