Intrapreneur - The spirit of entrepreneurship within an existing organization.
Intrapreneur is a person who focuses on innovation and creativity and who transforms a dream or an idea into a profitable venture, by operating within the organizational environment. Intrapreneurs, by definition, embody the same characteristics as the Entrepreneur, conviction, passion, and drive. If the company is supportive, the Intrapreneur succeeds. When the organization is not, the Intrapreneur usually fails or leaves to start a new company.
An Intrapreneur thinks like an entrepreneur seeking out opportunities, which benefit the corporation. It was a new way of thinking, in making companies more productive and profitable. Visionary employees who thought like entrepreneurs. IBM is one
of the leading companies, which encourages INTRAPRENEUR.
A Savvy Intrapreneur takes a good idea and makes it better.
A Savvy Intrapreneur steps out of the comfort zone of corporate security, to insure s/he creates additional income which at least matches their take home pay. An Intrapreneur works overtime helping to run someone else's business, for the company's future. A Savvy Intrapreneur runs themselves like a business putting in 1 hour a day of overtime for their own financial future.
Developing a career while maintaining position at work requires staying focused as a Savvy Intrapreneur. This takes courage.
Entrepreneur refers to a person who undertakes and operates a new enterprise or venture, and assumes some accountability for the inherent risks.
Most commonly, the term entrepreneur applies to someone who establishes a new entity to offer a new or existing product or service into a new or existing market, whether for a profit or not-for-profit outcome . Business entrepreneurs often have strong beliefs about a market opportunity and are willing to accept a high level of personal, professional or financial RISK to pursue that opportunity.
Business entrepreneurs are often highly regarded as being a critical component of its CAPITALISTIC society. Famed entrepreneurs in America include: HENRY FORD (automobiles), JP MORGAN (banking), BILL GATES (computer operating systems and applications), the British entrepreneur RICHARD BRANSON (travel and media) and others.
1st May 2006 From India, Mumbai