Are Entrepreneurs Executives

Although a difference in definition between an entrepreneur and an executive both must be considered for the roles that they play and each must be familiar with these roles.

“The myth: entrepreneurs are great for getting a company started, but not so great when Wall Street is looking over their shoulder. Part of this thinking is that founders of companies are mavericks, passionate doers with a vision, nontraditional in their approach to management and outspoken - the kind of rabble rousing that makes investors uneasy.” (Brad Szollose) Source attached- and a very good read.

As Brad indicates, a true executive is one who has passion for their role. He gives many examples from Steve Jobs to Harley Davidson from their time based successes to the falling of the company to the success it took by bringing back the entrepreneur to reestablish the successes of these companies.

I agree that it my be a stereotype version of what an executive is or required to do, but with all entrepreneurs they have passion and to mix the two together as a relationship means you have an executive who has passion for what they do, and achieve. I do not particularly agree that you have to have all these special skills to be an executive. A good executive will have vision. An entrepreneur will have vision toward his success in achieving a small business. In time, yes, it grows with successes, but although it can fail, many large corporations fail with so-called stereotypical titles of an executive. Both have to have the inert recipe toward success and the will and knowledge to grow.

“Entrepreneurs must understand that their business(es) should run without them. Ray Kroc, founder of McDonalds. He created tight methods for creating every product on the menu. In a business where profit margins are very tight, Kroc showed investors that his structure assured profits, whether he was there or not. Look at Lee Iacocca, former President Bill Clinton, John Johnson, Mary Kay-Ash, Donald Trump, Malcolm Forbes, Warren Buffet, Tony Robbins, Hilary Clinton, HP's former CEO Carly Fiorina, etc. All are reflections of balance between an entrepreneur's spirit and a corporate executive's strategy. The balance between passion and discipline is what drives all of them.”
(Brad Szollose)

As Brad defines both, he clearly makes the paradigm that it is a matter of right brain thinking and left-brain thinking and learning to make both work together.

I think most small businesses are executive leaders although they might not view themselves as such since their main objective is to role up their sleeves, work hard, succeed and profit. Nevertheless, in reality, their status although that is really all it is, is a status quo, they do reflect on the executive analogy with the entrepreneur thinking.

The main difference as stated in the document provided is the entrepreneur works for himself, the executive works for others. One earns his way whereas the other is paid in salary, bonuses and perks. One might be rough around the edges, but they both have vision, they both have passion and they both aim to succeed!