A businessman or businesswoman is a person involved in the business sector – in particular someone undertaking activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue by utilizing a combination of human, financial, intellectual and physical capital with a view to fuelling economic development and growth.[1]An entrepreneur is a person who sets up a business or businesses. He or she is also referred to as a promoter in the entertainment industry.

The term "businessperson" may refer to a founder, owner, or majority shareholder of a commercial enterprise; or it can characterize a high-level executive who does the everyday running and management of a company even if that executive is not the owner.[2]The term may sometimes refer to someone who is involved in an upper-level management role in a corporation, company, enterprise, firm, organization, or agency.[citation needed]


Prehistoric period: Traders

Since a "businessman" can mean anyone in industry or commerce,[3] businessmen have existed as long as industry and commerce have existed. "Commerce" can simply mean "trade", and trade has existed through all of recorded history. The first businessmen in human history were traders or merchants.

Medieval period: Rise of the merchant class

Merchants emerged as a "class" in medieval Italy. Between 1300 and 1500, modern accounting, the bill of exchange, and limited liability were invented, and thus the world saw "the first true bankers", who are certainly businessmen.[4]

Around the same time, Europe saw the "emergence of rich merchants."[5] This "rise of the merchant class" came as Europe "needed a middleman" for the first time, and these "burghers" or "bourgeois" were the people who played this role.[6]

Renaissance to Enlightenment: Rise of the capitalist

Europe became the dominant global commercial power in the 16th century, and as Europeans developed new tools for business, new types of business people began to use those tools. In this period, Europe developed and used paper money, cheques, and joint-stock companies (and their shares of stock).[7] Developments in actuarial science led to insurance.[8] Together, these new tools were used by a new kind of businessman, the capitalist. These people owned or financed businesses as bankers, but they were not merchants of goods. These capitalists were a major force in the Industrial Revolution...

Modern period: Rise of the manager

The newest kind of businessperson is the manager. One of the first true managers was Robert Owen (1771–1858), an industrialist in Scotland.[9] He studied the "problems of productivity and motivation", and was followed by Frederick Winslow Taylor, who was the first person who studied work.[10] After World War I, management became popular due to the example of Herbert Hoover and the Harvard Business School, which offered degrees in business administration (management).[11]

Other Languages
asturianu: Empresariu
Bân-lâm-gú: Si̍t-gia̍p-ka
български: Бизнесмен
català: Empresari
español: Empresario
Esperanto: Entreprenisto
euskara: Enpresaburu
한국어: 사업가
हिन्दी: व्यापारी
Bahasa Indonesia: Pebisnis
עברית: איש עסקים
ಕನ್ನಡ: ಉದ್ಯಮಿ
latviešu: Uzņēmējs
Bahasa Melayu: Ahli perniagaan
монгол: Бизнесмен
日本語: 実業家
norsk nynorsk: Forretningsperson
پښتو: سوداگر
português: Executivo
română: Om de afaceri
Simple English: Businessperson
slovenščina: Poslovnež
svenska: Affärsman
Türkçe: İş insanı
Tiếng Việt: Doanh nhân
ייִדיש: סוחר
粵語: 生意人
中文: 商人