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Wednesday, March 28, 2018

No Such Thing as Corporate Entrepreneurs

Disagree, but it is clear they do not evolve the same way.

Why There’s No Such Thing as a Corporate Entrepreneur
By Scott Kirsner in the HBR

Can we please agree that there is no such thing as a corporate entrepreneur?

The term corporate entrepreneur devalues what real entrepreneurs do, and it creates a haze of hokum around people trying to innovate in large companies that sets them up to fail.

There is an ocean of difference between people innovating or designing new offerings inside a large company, and actual entrepreneurs. On one shore of the ocean is certainty — the steady paycheck, the options vesting, status, the cushiness of a corporate campus — and on the other is the possibility of incredible wealth. Fly-your-own-plane-to-your-own-private-island-level wealth. And in between the two shores are a million ways to fail, to sink without a trace. .... "

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