The document outlines the key differences between entrepreneurs and trustees in an organization. Entrepreneurs have a greater focus on the short term, prioritize identifying opportunities, believe in outsourcing resources, and are interested in rapidly growing and scaling up their business. Trustees have a strategic focus, prioritize ensuring available resources, believe in owning resources, emphasize maximizing profits and efficiency, and lead more bureaucratic organizations with standardized reward systems.

1. PROF VENKATESH GANAPATHY
ASSOCIATE PROFESSOR
(MARKETING)
PRESIDENCY BUSINESS SCHOOL
DIFFERENCES BETWEEN
ENTREPRENEURS AND
TRUSTEES

2. ENTREPRENEUR
• Greater focus on short term
• Identification of opportunities is
priority
• Believe in outsourcing of resources
• Interested in growing and scaling up
the business
• Less bureaucratic
• Rewards based on exceptional merit
TRUSTEES IN AN
ORGANIZATION
• Strategic focus
• Availability of resources is priority
• Believe in owning resources
• Greater focus on profits and
maximizing efficiency of capital
• More bureaucratic
• Rewards based on company’s
turnover and HR processes