5 Inspiring Examples of Large Company Entrepreneurship
Entrepreneurship is often associated with new and small businesses. However, large companies can also exhibit entrepreneurial traits and drive innovation in their respective industries. In this article, we will explore five inspiring examples of large company entrepreneurship.
1. Amazon
Amazon is one of the most successful companies in the world, and it all started as an online bookstore. Jeff Bezos, the founder and CEO of Amazon, has always exhibited an entrepreneurial spirit. In the early days of Amazon, Bezos invested heavily in growth and expansion, even at the expense of short-term profits. He also encouraged a culture of experimentation and risk-taking within the company.
Today, Amazon is known for its innovation in logistics and delivery, as well as its forays into new markets like healthcare and entertainment. In 2019, Amazon even began testing drone deliveries in the United States.
2. Google
Google is another large company that embodies entrepreneurship. The search giant was founded by Larry Page and Sergey Brin while they were still Ph.D. students at Stanford University. From the beginning, Google was built around the idea of organizing the world’s information and making it accessible to everyone.
Google’s culture is characterized by innovation, experimentation, and risk-taking. The company is known for its 20% time program, which allows employees to spend one day a week working on projects of their choice. This has led to numerous successful Google products, including Gmail, Google Earth, and Google News.
3. Tesla
Tesla is a relatively young company compared to Amazon and Google, but it has already had a significant impact on the automotive industry. Elon Musk, the CEO of Tesla, is known for his entrepreneurial mindset and his willingness to take on big challenges.
Tesla’s success can be attributed to its focus on innovation and sustainability. The company’s electric cars have disrupted the traditional automotive industry and forced established players to reevaluate their strategies. Tesla has also expanded into new markets, including energy storage and solar power.
4. Microsoft
Microsoft is one of the largest and most successful technology companies in the world. It was founded by Bill Gates and Paul Allen in 1975, and from the beginning, the company was focused on innovation.
Microsoft’s entrepreneurial culture is characterized by a willingness to take risks and a deep commitment to research and development. The company’s Windows operating system dominates the PC market, and its Office suite of productivity software is used by millions of people around the world.
5. Apple
Apple is perhaps the ultimate example of large company entrepreneurship. The company was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976, and it has since become one of the most valuable companies in the world.
Apple’s success can be attributed to its focus on innovation and design. The company’s products, including the iPhone, iPad, and MacBook, are known for their elegant design and user-friendly interfaces. Apple has also disrupted numerous industries, including music and mobile phones.
Conclusion
In conclusion, large companies can exhibit entrepreneurial traits and drive innovation in their respective industries. The five examples discussed in this article, Amazon, Google, Tesla, Microsoft, and Apple, are just a few of many companies that have embraced entrepreneurship and achieved great success as a result. By encouraging innovation, risk-taking, and a deep commitment to research and development, these companies have changed the world and transformed their respective industries.
