Someone who leads entrepreneurial activities within a company is known as an entrepreneur. This individual does not have to be a member of the company’s executive team. He or she is anyone who takes on the role of change or development leader. An entrepreneur generates novel ideas and turns them into new projects with the goal of improving a company.
The term “entrepreneur” refers to a person’s approach to their work rather than a specific job function. Companies that value constant innovation, as well as those that are just getting started, will be especially eager to recruit workers with an entrepreneurial mindset. Although job descriptions may mention entrepreneurial abilities, the term “intrepreneur” is rarely used as a job title. Similarly, many post-secondary programs include entrepreneurial training, but being an entrepreneur is not typically thought of as a profession in and of itself. An entrepreneur is someone who works in any position within a company and is driven to promote and lead change.
People may want to work as entreprenuers for a variety of reasons. They may have the creativity and initiative required to be an entrepreneur, but they prefer to work as part of a group. Many would-be entrepreneurs are also put off the uncertainty of starting a new business.
In some cases, entreprenuers choose to work for a large organization because they believe they can accomplish more there than elsewhere. They may, for example, be lacking in some of the resources required to carry out the projects they envision. When a person’s work within a company exposes flaws in the current system and highlights areas for improvement, he or she may develop an entrepreneurial itch. An entrepreneur may seek to assist a company in meeting both its profit-making and perceived social responsibilities.
Successful businesses have long recognized the advantages that entrepreneurs can bring. A potential entrepreneur isn’t limited to management; he or she could work in any department. A truck driver, for example, might notice a logistical flaw and devise a game-changing solution, or a secretary might create a better customer service model. Projects in different departments of a company often do better when workers launch similar “grassroots” initiatives rather than waiting to be led solely the management team, just as community development projects do best when there is leadership within the community. Many companies now provide financial incentives, profit-sharing programs, promotions, and training to encourage employees to act as entrepreneurs.