We wanted to demystify this concept by speaking to the experts, looking at what companies are using intrapreneurship today, and how you can become one if you wish. <\/p>\n\n\n\n
What is an intrapreneur?\u00a0<\/h1>\n\n\n\n
Entrepreneur and author of the book Intrapreneuring, Gifford Pinchot<\/a> III, coined the term ‘Intrapreneur’ in 1978. <\/p>\n\n\n\n Pinchot defines intrapreneurship as “employees who do for corporate innovation what an entrepreneur does for his or her start-up.” Or more simply as, “the dreamers that do.” <\/p>\n\n\n\n “Intrapreneurs are the dreamers that do.”<\/p>\nGifford Pinchot III<\/cite><\/blockquote>\n\n\n\n If you’re still unsure of the intrapreneur meaning or wondering what is an intrapreneur, then these are the official definitions. <\/p>\n\n\n\n Dictonary.com describes intrapreneurs as:<\/strong> “employee of a large corporation who is given freedom and financial support to create new products, services, systems, etc., and does not have to follow the corporation’s usual routines or protocols.”<\/p>\n\n\n\n The Cambridge Dictionary defines an intrapreneur as:<\/strong> “An employee within a large company who takes direct responsibility for turning an idea into a profitable new product<\/a>, service, business, etc., often instead of leaving to start their own company. Intrapreneurs, just like employees or entrepreneurs come in all shapes and sizes. <\/p>\n\n\n\n Everybody working at Financer.com<\/a> has different strengths and backgrounds, proving that there is no intrapreneur rule book or specific archetype.<\/p>\n\n\n\n However, there are certain characteristics of an intrapreneur that might make you more suited to this style of working. These are just a few: <\/p>\n\n\n\n A few of the benefits of being an intrapreneur include:<\/strong><\/p>\n\n\n\n And of course there are also many benefits of hiring intrapreneurs within your organization:<\/strong><\/p>\n\n\n\n At this point, you might be wondering how successful intrapreneurs can become, or whether any of your idols consider themself one. <\/p>\n\n\n\n These three innovators are all intrapreneurs who have made huge impacts on not just the businesses they worked within but on some of the most-used products in the world.<\/p>\n\n\n\n Steve Jobs is perhaps one of the most famous examples of an intrapreneur to date. In the ’80s he and a small team of Apple engineers developed the Apple Macintosh computer (also known as MAC). This independent work changed the future of not just Apple, but computers forever. <\/p>\n\n\n\n Job’s described this the following way, \u201cThe Macintosh team was what is commonly known as intrapreneurship-only a few years before the term was coined \u2013 a group of people going in essence back to the garage but in a large company.\u201d<\/p>\n\n\n\n Through Job’s innovative intrapreneurial mindset he was able to transform Apple into the forward-thinking company it is today.<\/p>\n\n\n\n \u201cInnovation distinguishes between a leader and a follower.\u201d<\/p>\nSteve Jobs<\/cite><\/blockquote>\n\n\n\n You’re probably one of 1.8 billion people in the world who own a Gmail address, thanks to the initiative of Google intrapreneur\u00a0Paul Buchheit. <\/p>\n\n\n\n Google famously encourages their employees to dedicate 20% of their workday to personal projects outside of their compulsory tasks to work on intrapreneurial activities that could better the company in some way. <\/p>\n\n\n\n Buchheit really made the most of this initiative and began creating Gmail as part of his ‘20% time’. Over the course of four years, he launched what is today the world’s most popular email platform due to unique factors such as the never seen before search function and extra storage capacity.<\/p>\n\n\n\n “If everything you do works, then you’re not taking many risks and probably not innovating either.”<\/p>\nPaul Buchheit<\/cite><\/blockquote>\n\n\n\n Sony, most notorious for its range of PlayStation consoles would be a very different company today if it wasn’t for the electrical engineer and intrapreneur Ken Kutaragi. <\/p>\n\n\n\n Kutaragi created and launched the PlayStation for Sony in the ’90s after working for the company for nearly 20 years alongside a stint of consulting for Nintendo. Sony didn’t originally plan to enter the gaming world but the CEO at the time, Chairman Ohga, was impressed by Kutaragi’s business idea and invested in his plan.<\/p>\n\n\n\n In 2020, a whopping 158 million PlayStation 2 consoles had been sold, not to mention the other 4 PlayStations available on the market – so you could say this was a good call.<\/p>\n\n\n\n “We have to concentrate on our original nature – challenging and creating.”<\/p>\nKen Kutaragi<\/cite><\/blockquote>\n\n\n\n If you’ve been inspired by the success stories of Ken, Steve, and Paul you may be thinking about how you can become an intrapreneur yourself.<\/p>\n\n\n\n Like anything in life, there is more than one way to become an intrapreneur. You’ll most likely become one within your organisation, as in the examples above, or you might prefer to pitch yourself to your dream company as an intrapreneur instead. <\/p>\n\n\n\n Below we’ve shared our top tips for both.<\/p>\n\n\n\n If you enjoy working at your company anyway then this is probably the easiest way to become an intrapreneur. <\/p>\n\n\n\n Instead of job-hunting, you can work towards becoming more intrapreneurial within your role or ask if there is room in your company for you to have some more creative freedom. <\/p>\n\n\n\n However, there are several options when designing specific goods, but large corporations do not want to invest large sums of money in product development<\/a>. Instead, they outsource to prototype making companies<\/a> that specialize in the construction of prototype products so that your organization can understand how this product will perform<\/a> in real-world situations.<\/p>\n\n\n\n In the same way, if you’re looking to build a custom website, it might be a good idea to get in touch with custom web designing services <\/a>that specialize in creating unique and effective websites tailored to your specific needs.<\/p>\n\n\n\n <\/p>\n\n\n \ud83d\udca1 The pro of becoming an intrapreneur within your current job is that you already know the company, role, and industry and can build on that existing knowledge to create change.<\/p>\n\n\n More and more companies are becoming open to the idea of hiring intrapreneurs, in fact, we’ve included a list of eight of them below. <\/p>\n\n\n\n However, even if a company isn’t specifically promoting intrapreneurship vacancies, that doesn’t mean you can’t try your luck. <\/p>\n\n\n\n\n
What is the official intrapreneur definition?<\/h2>\n\n\n\n
An intrapreneur brings entrepreneurial thinking and skills to build a career path within the structure of an existing organization.”<\/p>\n\n\n\nCharacteristics of an intrapreneur<\/h2>\n\n\n\n
\n
Benefits of intrapreneurship<\/h2>\n\n\n\n
\n
\n
Three intrapreneurship examples <\/h2>\n\n\n\n
Steve Jobs <\/h3>\n\n\n
![\"\"](\"https:\/\/financer.global\/app\/uploads\/2021\/05\/apple-1.jpg\")
<\/figure><\/div>\n\n\n\n
Paul Buchheit <\/h3>\n\n\n
![\"\"](\"https:\/\/financer.global\/app\/uploads\/2021\/05\/gmail.jpg\")
<\/figure><\/div>\n\n\n\n
Ken Kutaragi<\/h3>\n\n\n
![\"\"](\"https:\/\/financer.global\/app\/uploads\/2021\/05\/playstation.jpg\")
<\/figure><\/div>\n\n\n\n
How to become an intrapreneur\u00a0<\/h1>\n\n\n\n
Becoming an intrapreneur within your organisation\u00a0<\/h2>\n\n\n\n
Three tips for becoming an intrapreneur within your current job<\/h3>\n\n\n\n
\n
<\/li>\n\n\n\n
<\/li>\n\n\n\nHow to pitch yourself as an intrapreneur to companies\u00a0<\/h2>\n\n\n\n
![\"\"](\"https:\/\/financer.global\/app\/uploads\/2021\/06\/future-of-intrapreneurship.jpg\")
<\/figure><\/div>\n\n\n![\"\"](\"https:\/\/financer.global\/app\/uploads\/2021\/06\/1516175205756.jpeg\")
<\/figure><\/div>\n\n\n