Intrapreneurship

Intrapreneurship

Becoming an Entrepreneur on the Job

What is your definition of an entrepreneur?

Entrepreneur

An individual who, rather than working as an employee, runs a small business and assumes all the risk and reward of a given business venture, idea, or good or service offered for sale. The entrepreneur is commonly seen as a business leader and innovator of new ideas and business processes.

What keeps most people from becoming entrepreneurs?

‡ Funding ‡ Manpower ‡ Strong backing ‡ Branding/Marketing ‡ Fear

What is your definition of an intrapreneur?

Intrapreneur

A person within a large corporation who takes direct responsibility for turning an idea into a profitable finished product through assertive risk taking and innovation. Intrapreneurs have entrepreneurial skills blended with managerial skills but operate within the confines of an organization.

Positive differences between entrepreneur vs intrapreneur

‡ Funding

‡ company/organization often has capital to fund the project

‡ Manpower

‡ intrapreneurs do not have to worry about finding the talent to get tasks performed

‡ Branding

‡ intrapreneurs can use the branding of the company/organization to get their ideas to take root

Quick Triva Question

Do you know the difference between a intrapreneur and a intrepreneur?

Intrepreneur

One who sets up, maintains and assumes the financial risks of an Internet business venture not to be confused with intrapreneur or the more traditional entrepreneur. They are the new breed of Internet Entrepreneurs.

Name some companies started by intrepreneurs?

‡ ‡ ‡ ‡ Google Yahoo MySpace Facebook ‡ ‡ ‡ ‡ YouTube Second Life LinkedIn eBay

Characteristics

‡ ‡ ‡ ‡ ‡ ‡ Results driven Ambitious Creative Original Self Confident Risk Tolerant ‡ ‡ ‡ ‡ ‡ ‡ Persistent Influencing High Energy Action oriented Interpersonal Innovative

Misdiagnosed Characteristics

‡ ‡ ‡ ‡ ‡ ‡ ‡ Ambitious ± over zealous Creative ± does not follow...