I think you will agree with me that it is confusing to understand the difference when it comes to the intrapreneur vs entrepreneur argument. More importantly having a clear intrapreneur definition will help most people to understand how it differs from an entrepreneur. The problem many companies struggle to understand the benefits of having an intrapreneur in their organisation because many experts say that intrapreneurs are just inside entrepreneurs. At first I struggled with this assumption but after trawling through many articles about the intrapreneur definition along with benefits and examples I saw light at the end of the tunnel The impact to organisations large and small is amazing especially when the risk of not embracing this culture is failure. In this post, I am going to help you to understand the intrapreneur definition from several experts as well as the associated examples and benefits. Grab a seat and your favourite snack. Intrapreneur Definition - Part 1 What on earth is an infrapreneur and why should we care? According to Dictionary.com an intrapreneur is "An employee in a large corporation who receives freedom and financial support to create products, services and systems". Now, to be honest I had a few reservations with this definition because it seems to be narrow in that the employee needed to be in a large corporation. My other observation is that the definition is very focused on the external adjectives of the person rather than the drivers or motivations from within. While you chew on this definition let's look at a few examples and characteristics that match nicely with this point of view. Intrapreneur Characteristics - part 1 Is it even possible to get an agreeable list together of the characteristics of an infrapreneur when compared to an entrepreneur? According to Beth Hendricks at Study.com the top 4 traits of the infrapreneur are: 1. Willingness to take calculated risks 2. Ability to think visually and brainstorm new ideas 3. Desire to influence more than reap financial reward 4. Insight to discover the next great idea Intrapreneur Examples - Part 1 No study of this intense subject will be complete without taking a look at a few relevant examples that will help you to better understand the benefits to an organisation and the public. 1. Facebook likes - the famous Facebook like came about as a result of a hackathon event where intrapreneurship is being nurtured in Facebook. I am still waiting on the Facebook clap guys! 2. Zero to Zorro - Jean Marc Landry, with no experience in the area of intrapreneurship, he decided to set up an innovation program for his company. You can read more about it here. Intrapreneur Definition - Part 2 If you did not like the first definition too much it is possible that you may find this one more acceptable. According to Investopedia an intrapreneur is "An inside entrepreneur in a large firm, using entrepreneurial skills without incurring risks." Well, you know what I am going to say, why does it have to be a large firm? Can small businesses or startups have intrapreneurs?
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