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 that benefit the corporation. It is a new way of thinking in making companies more productive and profitable. Visionary employees who think like entrepreneurs. IBM is one of the leading companies that encourage 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 ensure they create additional income that 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 one hour a day of overtime for their financial future.
Developing a career while maintaining a 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, assuming 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 a 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.
Regards,
LEO LINGHAM