# Entrepreneur-in-Residence (EIR)

A funded seat inside a firm while you look for a business to buy.

The label is older and looser than [CEO-in-Residence](https://searchspheresource.com/glossary/ceo-in-residence) and it is worth reading carefully, because the same three words cover a paid full-time seat with a mandate to acquire, an unpaid affiliation that buys you an email address, and everything between. The questions that separate them are whether it pays, whether the firm has [committed capital](https://searchspheresource.com/glossary/committed-capital) behind the search, and whether the outcome named on the page is running a company or advising one. Operator-in-Residence is usually the same arrangement under a different house style.

Source: https://searchspheresource.com/glossary/entrepreneur-in-residence
Not dated: A definition is editorial: what a term means, why it matters, and an example. None of it reads a source that can go stale, so there is no date to take and a stamped one would be the build time wearing a costume.

Site index for machines: https://searchspheresource.com/llms.txt