{"id":599,"date":"2022-10-23T13:03:55","date_gmt":"2022-10-23T08:03:55","guid":{"rendered":"https:\/\/techbaji.com\/?p=599"},"modified":"2023-03-18T11:09:37","modified_gmt":"2023-03-18T06:09:37","slug":"difference-between-entrepreneur-intrapreneur","status":"publish","type":"post","link":"https:\/\/techbaji.com\/entrepreneurship\/difference-between-entrepreneur-intrapreneur\/","title":{"rendered":"Explain the Difference Between Entrepreneur and Intrapreneur"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Entrepreneurs and intrapreneurs are two necessary pillars of business and the economy. They are influential people having the potential to change the trends, direction, and give a new shape to businesses. <\/span><\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 ez-toc-wrap-center counter-flat ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-661b615633c5e\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-661b615633c5e\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/techbaji.com\/entrepreneurship\/difference-between-entrepreneur-intrapreneur\/#What_is_the_definition_of_an_Entrepreneur\" title=\"What is the definition of an Entrepreneur?\">What is the definition of an Entrepreneur?<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/techbaji.com\/entrepreneurship\/difference-between-entrepreneur-intrapreneur\/#What_is_the_definition_of_an_Intrapreneur\" title=\"What is the definition of an Intrapreneur?\">What is the definition of an Intrapreneur?<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/techbaji.com\/entrepreneurship\/difference-between-entrepreneur-intrapreneur\/#Major_Differences_between_entrepreneur_and_intrapreneur\" title=\"Major Differences between entrepreneur and intrapreneur:\">Major Differences between entrepreneur and intrapreneur:<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/techbaji.com\/entrepreneurship\/difference-between-entrepreneur-intrapreneur\/#Organizational_Status\" title=\"Organizational Status:\">Organizational Status:<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/techbaji.com\/entrepreneurship\/difference-between-entrepreneur-intrapreneur\/#Ambition\" title=\"Ambition:\">Ambition:<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/techbaji.com\/entrepreneurship\/difference-between-entrepreneur-intrapreneur\/#Main_Objective\" title=\"Main Objective:\">Main Objective:<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/techbaji.com\/entrepreneurship\/difference-between-entrepreneur-intrapreneur\/#Risk_Taker\" title=\"Risk Taker:\">Risk Taker:<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/techbaji.com\/entrepreneurship\/difference-between-entrepreneur-intrapreneur\/#Resources_Used\" title=\"Resources Used:\">Resources Used:<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/techbaji.com\/entrepreneurship\/difference-between-entrepreneur-intrapreneur\/#Enterprise_Building\" title=\"Enterprise Building:\">Enterprise Building:<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/techbaji.com\/entrepreneurship\/difference-between-entrepreneur-intrapreneur\/#Profit\" title=\"Profit:\">Profit:<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/techbaji.com\/entrepreneurship\/difference-between-entrepreneur-intrapreneur\/#Fundraising\" title=\"Fundraising:\">Fundraising:<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/techbaji.com\/entrepreneurship\/difference-between-entrepreneur-intrapreneur\/#Decision_Making\" title=\"Decision Making:\">Decision Making:<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/techbaji.com\/entrepreneurship\/difference-between-entrepreneur-intrapreneur\/#Skill\" title=\"Skill:\">Skill:<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/techbaji.com\/entrepreneurship\/difference-between-entrepreneur-intrapreneur\/#Conclusion\" title=\"Conclusion:\">Conclusion:<\/a><\/li><\/ul><\/nav><\/div>\n\n<p><span style=\"font-weight: 400;\">In this article, I will mainly <strong>Explain the difference between entrepreneur and intrapreneur<\/strong> because the terms intrapreneur and entrepreneur are used interchangeably sometimes.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Intrapreneurs are a new brand of entrepreneurs they share some similar traits but they are not the same. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The one thing that plays a major difference is that intrapreneur work as an employee. Entrepreneurs are the leaders of the market they discover new grounds for business. while intrapreneurs sustained the companies and organizations. <\/span><\/p>\n<p>But before proceeding towards their differences, I would like to make a proper start of my topic by defining entrepreneur vs intrapreneur, just to avoid any confusion that could happen in the long run.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_is_the_definition_of_an_Entrepreneur\"><\/span><strong>What is the definition of an Entrepreneur?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>An entrepreneur is said to be the person who designs and establishes a new business from an idea that is never practiced before. An entrepreneur is a person who plays an intuitive role in a new business venture.<\/p>\n<p>Entrepreneurs come up with something new to offer. They are involved in research-based innovative activities and initiates new concepts of business.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_is_the_definition_of_an_Intrapreneur\"><\/span><strong>What is the definition of an Intrapreneur?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>An intrapreneur is an organizational employee working as an entrepreneur under the rules and boundaries of the organization. An intrapreneur is a person who plays a restorative role in an organization or company.<\/p>\n<p>Intrapreneur leads a team like an entrepreneur and has the responsibility of the product or division of the company.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Major_Differences_between_entrepreneur_and_intrapreneur\"><\/span><strong>Major Differences between entrepreneur and intrapreneur:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Now let\u2019s dissect the topic and answer the question about Explain the Difference Between Entrepreneur and Intrapreneur?<\/p>\n<figure id=\"attachment_998\" aria-describedby=\"caption-attachment-998\" style=\"width: 612px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-998 size-full\" title=\"Explain the Difference Between Entrepreneur and Intrapreneur\" src=\"https:\/\/techbaji.com\/wp-content\/uploads\/2020\/04\/marketing-challenges-faced-by-entrepreneurs-1.jpg\" alt=\"Explain the Difference Between Entrepreneur and Intrapreneur\" width=\"612\" height=\"408\" srcset=\"https:\/\/techbaji.com\/wp-content\/uploads\/2020\/04\/marketing-challenges-faced-by-entrepreneurs-1.jpg 612w, https:\/\/techbaji.com\/wp-content\/uploads\/2020\/04\/marketing-challenges-faced-by-entrepreneurs-1-300x200.jpg 300w\" sizes=\"(max-width: 612px) 100vw, 612px\" \/><figcaption id=\"caption-attachment-998\" class=\"wp-caption-text\">Explain the Difference Between Entrepreneur and Intrapreneur<\/figcaption><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Organizational_Status\"><\/span><strong>Organizational Status:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>An entrepreneur<\/strong> is a person who is the owner of an organization, business or enterprise. Entrepreneur work for the success and expansion of his own business.<\/p>\n<p><strong>An intrapreneur<\/strong> is an employee of an organization working as an entrepreneur in the boundaries of the organization. Intrapreneurs have some autonomy granted by the organization.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Ambition\"><\/span><strong>Ambition:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The ambition of <strong>an entrepreneur<\/strong> is to attain a financial hike, autonomy to satisfy his thirst for <strong><a href=\"https:\/\/techbaji.com\/technology\/why-is-innovation-important-in-business\/\" target=\"_blank\" rel=\"noopener noreferrer\">business innovation<\/a><\/strong>&nbsp;and create a positive change in society. In a nutshell, an entrepreneur wants to be an influencer.<\/p>\n<p>On the other hand, <strong>an <\/strong><strong>intrapreneur<\/strong>&nbsp;has the aim to boost the earning capacity and competitive strength of the organization. Intrapreneur mainly focuses on the market value and profit of the organization or company.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Main_Objective\"><\/span><strong>Main Objective:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The main objective of <strong>an entrepreneur<\/strong> is to create something new that will have economic as well as social benefits. They fulfill the demands and needs of society with their innovative approaches in the business.<\/p>\n<p>Whereas the main objective of <strong>an intrapreneur<\/strong> is to increase the efficiency and <a href=\"https:\/\/techbaji.com\/technology\/how-technology-increases-productivity-in-workplace\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>productivity of the organization<\/strong><\/a> he\/she is working for. Intrapreneur also plays an important role in improving the business capacity of the organization.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Risk_Taker\"><\/span><strong>Risk Taker:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>An entrepreneur<\/strong> faces all kinds of risks like legal laws, loss, failure, and damage, etc in pursuing his idea. If any catastrophe (damage) happens he is responsible for his actions and bears all the troubles as he is a <a href=\"https:\/\/techbaji.com\/entrepreneurship\/skills-needed-to-be-an-entrepreneur\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>risk-taker.<\/strong><\/a><\/p>\n<p>Whereas <strong>an intrapreneur<\/strong> faces lesser risk as compared to an entrepreneur. The company and organization bear all the risks for an intrapreneur. All financial losses and failures are faced by the company or organization.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Resources_Used\"><\/span><strong>Resources Used:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>An entrepreneur<\/strong> is a person who manages resources for himself. He uses his goods and tools for starting and establishing his business. Entrepreneurs usually start working from a small setup and hence use their resources.<\/p>\n<p>Whereas <strong>an intrapreneur<\/strong> has a benefit here. He has no headache for business operations because all the resources are provided by the performing company or organization.<\/p>\n<p>All the tools and resources he needs to perform his work are the responsibilities of the organization.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Enterprise_Building\"><\/span><strong>Enterprise Building:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>An entrepreneur<\/strong> establishes a new enterprise. He takes starts from a new, small business, and then through his abilities and innovation, he expands it into an enterprise.<\/p>\n<p>On the other hand, <strong>an intrapreneur<\/strong> is a person who works for an already well-established enterprise or organization.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Profit\"><\/span><strong>Profit:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>An entrepreneur<\/strong> gets all the fruitful rewards and benefits of his business. All the profit directly goes to the entrepreneur because he is the only one who has suffered hardships in taking his business from 0 to a higher level.<\/p>\n<p>On the other hand, <strong>an intrapreneur<\/strong> gets his\/her usual salary and is often paid with some bonus or incentives occasionally.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Fundraising\"><\/span><strong>Fundraising:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>An entrepreneur<\/strong> is responsible for fundraising and collecting investment for his business venture. All these activities are the responsibilities of an entrepreneur.<\/p>\n<p>On the other hand, <strong>an intrapreneur<\/strong> does not bear the burden of capital raising. All these fundraising and investment activities are done by the organization for the intrapreneur.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Decision_Making\"><\/span><strong>Decision Making:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>An entrepreneur<\/strong> directly decides on his business venture. He does not need approval from other people involved in his business. He is the boss and the business operates under his decisions.<\/p>\n<p>He can take suggestions from the people involved in the company but he by himself can take all decisions.<\/p>\n<p>On the other hand, <strong>an intrapreneur<\/strong> can not take direct decisions in the business deal. He has to inform the higher authorities of the organization before taking any decision that means he can not take decisions but can only provide a company with some suitable suggestions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Skill\"><\/span><strong>Skill:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>An entrepreneur&nbsp;<\/strong>is usually multi-functional and has multiple skills which mean he has skills in his respective domain as well as enough knowledge about business management and business operations.<\/p>\n<p><em><strong>&#8220;You can read more about on <a href=\"https:\/\/techbaji.com\/entrepreneurship\/skills-needed-to-be-an-entrepreneur\/\" target=\"_blank\" rel=\"noopener noreferrer\">skills<\/a> and <a href=\"https:\/\/techbaji.com\/entrepreneurship\/functions-of-entrepreneur\/\" target=\"_blank\" rel=\"noopener noreferrer\">functions<\/a> of an entrepreneur on my Blog&#8221;<\/strong><\/em><\/p>\n<p>On the other hand, <strong>an intrapreneur&nbsp;<\/strong>is the one who is only responsible for his competency and efficiency of skills in his respective domain.<\/p>\n<p>He has to do nothing with business management and business operations.&nbsp;An intrapreneur is only answerable for the position he is appointed.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>We explained some of the key differences between an entrepreneur and an intrapreneur. Both are having significant importance in the business sector.<\/p>\n<p>According to the latest surveys, there are <strong>583 million Entrepreneurs<\/strong> in the world. They play an important role in the development of an economy and the development of the world by introducing new approaches for improvement and creating more opportunities for employment.<\/p>\n<p>If you want to read more about the importance and <a href=\"https:\/\/techbaji.com\/entrepreneurship\/entrepreneurship-economic-development\/\">benefits of entrepreneurship<\/a> in economic development, click <a href=\"https:\/\/techbaji.com\/entrepreneurship\/entrepreneurship-economic-development\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>here<\/strong><\/a>.<\/p>\n<p>Whereas<strong> intrapreneurs<\/strong> play an important role in sustaining companies and organizations. Without intrapreneurship, a company\u2019s life span is reduced dramatically. This means intrapreneurship is important for companies and industries to grow in the changing world.<\/p>\n<p>I will be sharing more about <a href=\"https:\/\/techbaji.com\/entrepreneurship\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>entrepreneurship<\/strong><\/a> and intrapreneurship in my upcoming articles.<\/p>\n<p>Do share also give feedback about &#8220;Explain the Difference Between <a href=\"https:\/\/en.wikipedia.org\/wiki\/Entrepreneurship\" target=\"_blank\" rel=\"noopener\">Entrepreneur and Intrapreneur<\/a>&#8221; in the comment box. If you any queries feel free to contact me.<\/p>\n<p>Keep up reading and learning with&nbsp;<a href=\"https:\/\/techbaji.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Tech Baji.<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Entrepreneurs and intrapreneurs are two necessary pillars of business and the economy. They are influential people having the potential to change the trends, direction, and give a new shape to businesses. In this article, I will mainly Explain the difference between entrepreneur and intrapreneur because the terms intrapreneur and entrepreneur are used interchangeably sometimes. Intrapreneurs<\/p>\n","protected":false},"author":120,"featured_media":1731,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/techbaji.com\/wp-json\/wp\/v2\/posts\/599"}],"collection":[{"href":"https:\/\/techbaji.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techbaji.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techbaji.com\/wp-json\/wp\/v2\/users\/120"}],"replies":[{"embeddable":true,"href":"https:\/\/techbaji.com\/wp-json\/wp\/v2\/comments?post=599"}],"version-history":[{"count":0,"href":"https:\/\/techbaji.com\/wp-json\/wp\/v2\/posts\/599\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techbaji.com\/wp-json\/wp\/v2\/media\/1731"}],"wp:attachment":[{"href":"https:\/\/techbaji.com\/wp-json\/wp\/v2\/media?parent=599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techbaji.com\/wp-json\/wp\/v2\/categories?post=599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techbaji.com\/wp-json\/wp\/v2\/tags?post=599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}