Entrepreneurs, Founders and Evolvers

Are Founders, Entrepreneurs or are Entrepreneurs Founders. Can we use Entrepreneur and Founders interchangibly.

HBS points out an interesting viewpoint. “This question was bolstered by two recent papers that appeared in top economics journals, each showing that entrepreneurs as a whole do not make more than they could make if they were employed by others, and make significantly less than expected from a risk-return perspective.” As the article states are entrepreneurs set to make more money if so why become an entrepreneur?

Founder is the one who has the idea, the seed and takes it forward and builds the team. My take is that 2 people can’t be founders, founder is the one who first had the idea and then involved other people into it. He is the one who takes the first step, takes the biggest risks. Not that the people who join him in the initial phase are not taking almost similar risks but the founder is the one who showed the way. Thus when people say they are co-founders are they really co-founders or rather ‘co-evolvers’ helping the founder find the right mix and help him evolve the company or the idea.

My take is a Founder becomes an Entrepreneur and builds a team of Evolvers.

~ by sudip on August 7, 2009.