By Shaun Frecska, Vice President, Membership, Columbus Chamber
No other local organization communicates with and works for as many businesses and leaders as the Columbus Chamber does. Our team is in the field engaging with all sizes and industries of business, allowing us to learn a lot from these conversations.
One of the most recent themes we are seeing is the concept of “corp-preneurs,” entrepreneurs working for an already established business.
Before the recession in 2008, there was optimism, energy and risk-taking. But surprisingly, since the recession, we continue to see these qualities in our business leaders, just in a different way. Sometimes we find that same entrepreneurial spirit within the confines of an already established business, as opposed to the traditional startup company.
Advantages for the Company, But Also for the Entrepreneur
Who gains the advantage in this situation? It could seem challenging for the company and entrepreneur, but it actually provides immense benefits to both.
For example, the working professional with entrepreneurial characteristics – such as a competitive attitude, far outside-the-box thinking and an aggressive drive to build personal wealth – is now employed by an established business, and may no longer be pursuing his or her own startup business.
This employer gains a competitive edge because it has added new and fierce “fighter-type” talent to take his or her business to the next level. Though this new staffer may not work the typical 8 a.m. – 5 p.m. schedule, work from the office or not be perceived as a team player, you can expect him or her to possess the initiative, drive and responsibility to win business and retain customers.
On the other hand, the corp-preneur has the opportunity to sharpen his or her business building skills, develop a strong business network and leverage established business strategies and tactics, without the risk of doing so as his or her own business. Other positives for the corp-preneur may include working a “normal” 8-5 schedule, not having to sacrifice personal property as collateral for loans and not having to wait the typical three years of operation before he or she see a profit.
Entrepreneurs in Your Business
There will always be entrepreneurs and start-up businesses. These small and nimble businesses drive us forward, developing new and creative ways to leverage existing resources or build entirely new resources.
But while the economy is rebounding, take advantage of the creative thinking and drive for success that these trend setters can bring to your business. It’s a win-win and another way we can work together to build an even stronger, more prosperous Columbus Region.
For more information, email membership@columbus.org or call 614.221.1321.
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