Salesforce Lead vs Opportunity: What is the difference?

Learn the differences between a Lead and an Opportunity and how to manage them within Salesforce.
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[@hemantkumar837]

Thanks a lot :)

[@jfbaro2]

Thanks for the insightful explanation! We're currently using FSC and I have a query about streamlining our sales process. Our goal is to reserve the PERSON ACCOUNT object exclusively for fully verified customers. We aim to utilize LEAD and OPPORTUNITY during the sales process, but it seems that an Opportunity needs a pre-existing PERSON_ACCOUNT record. Is there a standard or recommended approach to ensure PERSON ACCOUNT (Contact and Account) is created only after the complete onboarding process, including external deduplication? We'd like to efficiently manage Leads and Opportunities without compromising data quality. Any thoughts or suggestions on this?

[@vikastiwari6780]

Lead means potential customer they interested with our product
After lead converted with qualified and non qualified these two categories..
Opportunity means deal -
It includes stages if all done
Then final closed won / lost.