This note will discuss the Difference between Entrepreneur and Intrapreneur. Our website, Poly Notes Hub shares this note with all of you free of cost.
Author Name: Arun Paul.
About Entrepreneur
A person who takes the initiative to launch, run, and expand a business is an entrepreneur. Their propensity for taking chances, inventiveness, and aptitude for spotting and seizing business possibilities are frequently used to describe them.
About Intrapreneur
An employee in a major organization who acts like an entrepreneur by developing and implementing new ideas, projects, or activities that support the growth and innovation of the company is known as an intrapreneur.
Entrepreneur Vs Intrapreneur
Below we discuss the difference between Entrepreneur and an Intrapreneur –
| Aspect | Entrepreneur | Intrapreneur |
|---|---|---|
| Ownership and Risk | Owns and operates own business. | Operates within an existing organization. |
| Setting | Typically starts own business. | Works within an established company. |
| Resource Availability | Secures own funding and resources. | Has access to organization’s resources. |
| Innovation Focus | Creates new products, services, businesses. | Innovates within the existing framework. |
| Control | Has complete control over the business. | Operates within the structure of the company. |
| Motivation | Driven by personal success and financial gain. | Motivated by personal and organizational success. |