Entrepreneurship and Companies’ Success

Entrepreneurship inside organizations is one of the reasons why companies survive. But let us see what entrepreneurship is about. Entrepreneurs are those who identify an opportunity (something needed, something that people will like or even will need) and are capable to transform an opportunity into business. This means developing and implementing a model that includes clarification of what is the product or service that will be created, who exactly will the customers be, how the product or service will be produced, how the customer will be benefited by the product, who will execute the different decisions, or how the project will be financed. This can be done as a startup or inside an existing company, and in this case it can be from the top or even from lower levels inside the company.