To be an intrapreneur means to work as an entrepreneur with someone else’s money! It means you do the work without taking any financial risk. For example, a middle-aged executive working in a large corporate can be assigned an independent project or an operational unit as its whole-time director or in-charge. The company will offer an attractive salary to him, or commission on sales. He may receive some fringe benefits or some share in the profits of the company. It is not uncommon to offer equity shares of the company to such intrapreneurs (either free or at a price lower than the face value of the share) to make them feel that they are the owners of a small part of the company.
Here’s what Oliver DeMille, an American educator, public speaker and the founder of an educational model known as TJEd, has to say:
WHAT DO YOU THINK?
Let me know in the comments section.
In this ongoing series #GreatMinds on my blog, I am shining a spotlight on the important ideas that some very successful people keep talking about in their public life.