Intrapreneurship in Entrepreneurship project

Intrapreneurship in Business

1. ENTREPENEUR/INTRAPRENUER

2. ENTREPRENEUR VS. INTRAPRENEUR Entrepreneur- Founder, who designs, launches and manages a new business, typically starting as a small company. Mom-and-pop type shops, small restaurants, and e-commerce type companies are good examples. Intrapreneur- The entrepreneur within an established organization. This individual runs the operations as if they were the owner of the company, without having ownership

3. DIFFERENCES BETWEEN ENTRE/INTRA Entrepreneur- Game changing mentality Freedom Runs their own company Intrapreneur- An employee Value creator Answers to an owner, not their own self.

4. SIMILAR TRAITS FOR ENTRE/INTRA Innovation- “Innovation is as much a way of thinking as it is the thing achieved” (Anand, 2019). Key concept in running a business Adapt or die Utilize technology transitions Predict change in the market Leadership Must have dependable and strong leadership to successfully move their vision or goal to a successful business, product or even change. Have the ability to put their ego and own personal gains aside for business success.

5. SIMILAR TRAITS FOR ENTRE/INTRA CONT’D Adaptability- Develop a learning mindset that allows for adaptability Learning allows for individuals to be able to grow their mind in order to adapt to any situation. Have the ability to observe, reflect, accept, then adapt. Commitment Full-time responsibility to the company. Administrate and create

6. SIMILAR TRAITS FOR ENTRE/INTRA CONT’D Confidence Being confidence as a intrapreneur or entrepreneur is critical due to the tough decisions needed to be made daily. Believing in oneself allows the willingness to thrive in multiple occasions. Emotional Intelligence Consistent learning and educating of the mind allows for the ability of handling interpersonal relationships. Self-awareness Motivation Social Skills

7. SIMILAR TRAITS FOR ENTRE/INTRA CONT’D Creativity- Installing ideas for business growth Visionary Creating new ways of completing tasks or installing new products Motivator Ability to motivate your team and others Good personality traits for communicating to obtain goals.

8. SIMILAR TRAITS FOR ENTRE/INTRA CONT’D Flexibility- Flexible with workload and and employee scheduling. Creates a positive morale among staff and team members Understanding the potential of failure of a product or a business plan for both intrapreneurs and entrepreneurs. Persistence- Understanding and recognizing that failures can and will occur more than successes. Staying persistent through the struggles Recognizing opportunity