Entrepreneur-in-Residence

Career Guide
An Entrepreneur-in-Residence (EIR) is a temporary, full-time position within a company or an investment firm that allows individuals with entrepreneurial experience to work on developing new business ideas, typically with the goal of launching a startup. EIRs provide strategic insights and mentor other entrepreneurs while also exploring and validating their projects.

Key Responsibilities

  • Develop and validate new business concepts and ideas.
  • Mentor and guide other entrepreneurs and startup teams.
  • Collaborate with various departments to align new projects with company goals.

Top Skills for Success

Business Development
Strategic Thinking
Entrepreneurial Experience
Mentorship
Market Analysis

Career Progression

Can Lead To
Startup Founder
Business Consultant
Transition Opportunities
Venture Capitalist
Chief Innovation Officer

Common Skill Gaps

Often Missing Skills
Technical ExpertiseFinancial Modeling
Development SuggestionsEngage in continuous learning through online courses or workshops in financial analysis and technical skills relevant to specific industries.

Salary & Demand

Median Salary Range
Entry Level$70,000 - $90,000
Mid Level$90,000 - $120,000
Senior Level$120,000 - $150,000
Growth Trend
The demand for EIRs is growing as more companies and venture capital firms recognize the value of having experienced entrepreneurs to foster innovation and support new ventures.

Companies Hiring

Major Employers
GoogleFacebookSequoia Capital
Industry Sectors
TechnologyVenture Capital

Recommended Next Steps

1
Network with venture capitalists and startup founders to gain insights and opportunities.
2
Participate in entrepreneurial workshops and bootcamps to enhance relevant skills.

Explore More Roles

Browse our comprehensive database of roles and find your perfect match.