Ever Heard of Intrapreneurship?

 

We’ve all heard the term entrepreneurship, but what about “intrapreneurship?” Intrapreneurship has become more popularized over the last few decades. Essentially, instead of building businesses from scratch, Intrapreneurs bring an enterprising attitude to the workplace, promoting innovative and creative product ideas within an established company.

Intrapreneurs act as “internal entrepreneurs” within a large organization or company. These unique employees help drive innovation by developing new ideas, projects, and products to further a company’s success (Wallstreet Mojo). Intrapreneurs have self-confidence, a creative mind and strive for success independently and as a team. 

Here are some reasons for why you should consider embodying the intrapreneur spirit:

You want to take more risks.

A significant component of being an intrapreneur is having the confidence to take risks. Many companies hire intrapreneurs because they’re willing to try different methods to accomplish goals. Professionals with an innovative mindset thrive in roles where they can let their creativity flourish.

You’re looking to develop your skills.

Do you have excellent public speaking skills? Is your sales pitch on point? Do you enjoy being a team leader? These are some of the must-have skills to perform well as an intrapreneur. 

You enjoy working on team-based projects.

Do you work well in a team-based environment? Most intrapreneurs are responsible for building a company’s team. Their communication and leadership skills help form a group of solid players who strive to complete projects and meet deadlines. Being a team player is essential to becoming an effective intrapreneur. 

You want to be an entrepreneur but don’t want the risks of being one.

Although being an entrepreneur has many benefits, there are many risks to owning a business. Bookkeeping, managing taxes, and legalities are responsibilities entrepreneurs must consider to protect themselves and their businesses. However, as an intrapreneur, you’ll have the security of working with an established company, which poses lower risks than having your own business (Maryville University). 

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