Be an Intrapreneur
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Why You Should Become an
Intrapreneur in Your Organization
A lot of attention has been devoted to entrepreneurs and freelancers – people who are motivated by independence, choose a life of uncertainty and run their own businesses. But there is another often-overlooked group of individuals that are becoming increasingly popular: intrapreneurs. These inspiring individuals have great jobs that they feel are not only fulfilling, but challenge them to constantly do more and be better.
If you desire to make a large impact within a role you already enjoy and for a company whose core values align with your own, you are well on your way to becoming more intrapreneurial. But how can you really know if you possess the essential qualities that make a successful intrapreneur? Here is an explanation of what it really means to be an intrapreneur, and why more and more companies are embracing them for overall success.
What is an Intrapreneur?
In his book “Career Distinction: Stand Out By Building Your Brand,” global personal branding expert William Arruda, describes an intrapreneur as “a person who demonstrates an entrepreneurial spirit within an organization." An invaluable member of any team, these individuals apply the essential principles of entrepreneurship to whatever task is assigned to them. They are passionate about sharing new ways to get things done and providing valuable solutions to common problems. They are authentic, ambitious, self-motivated, free thinkers, challenge seekers, highly innovative and growth drivers – they can transform a small idea into a big brand. In short, they are an in-house entrepreneur.
Intrapreneurs value the ability to express themselves in the way they work, and they thrive in environments where they are permitted to use their skills, knowledge and experiences in a way that enables them to be effective in their role. They love their job, plain and simple – which just so happens to be the biggest desire of every good employer.
Why Companies Love Intrapreneurs
The concept of intrapreneurship is a perfect example of just how much the employee-employer relationship has evolved. Employees today seek greater freedom, responsibility and opportunities. At the same time, employers are recognizing the importance of creating a company culture that attracts top talent and fosters creativity and innovation.
The result? Value and growth for everyone. Intrapreneurs are extremely valuable to a business because they love to get involved in the long-term strategy of the company they’re working for. They not only enjoy the comfort of leveraging a large organization’s resources, but also the freedom to pursue their entrepreneurial passions. In turn, thanks to an intrapreneur’s unique outlook, the company derives greater value from its resources through using them in new, imaginative ways.
Top 3 Reasons to Become an Intrapreneur
Do you like the idea of being more creative and innovative, without having to leave your current role and career path? Intrapreneurship allows you to strike the perfect balance between dreaming and doing. Below, you will find just a few of the many benefits of becoming an intrapreneur:
HAVE A REAL IMPACT
One of the biggest benefits of being an intrapreneur is having the ability to shape strategic direction. When it comes to our jobs and our futures, we all desire to have input. By being the proactive innovator and problem solver, people will be more willing to listen to your ideas and act on them. You will not only become a go-to resource inside your organization, but also reignite the passion of others and have a greater impact on the direction and success of the company.
BUILD A FULFILLING CAREER
As an intrapreneur, you have an opportunity to align your interests, time and skills to the growth of the company. You can re-frame your job description to include work that excites and challenges you; a more strategic and dynamic role that allows you to make your highest contribution towards things that really matter. Through taking an intrapreneurial approach, you will be able to get more out of your current role and help shape your career journey.
BUILD AN ENVIABLE SKILLSET
Every successful project you’re a part of gives you examples of when you delivered results, allows you to strengthen your skills and increases your access to more growth opportunities. Rather than focusing on one specific area like product development, pursuing passion projects can help you add many skills to your portfolio: pitching, marketing, budgeting, design, social media strategies, coding, and the list goes on. As you lead initiatives, you also have the added benefit of having a company’s resources and budget.
4 STEPS to Become an Intrapreneur
Becoming an intrapreneur allows you to capture the entrepreneurial spirit and thrive in your current position, while also becoming one of the most valuable assets to your company. A win-win scenario for both you and your company! If you’re ready to reset, shift your mindset and add value, consider how The Right Method™ RESET™ Signature Course can help you get started. Learn how to unlock your inner entrepreneur and become an intrapreneur within your organization. So, how can you become an intrapreneur? It all starts with taking an entrepreneurial approach to your current role. Here are a few tips that will help you become an intrapreneur and have a greater impact:
KNOW YOUR COMPANY
How well do you know your company’s goals, plans, strategy, customers and challenges? The first step towards becoming an intrapreneur is to identify your department’s unique pain points and specific problems within your area of expertise. Then ask yourself, how do these issues impact customers? The key is to uncover ways to add value to the company.
CHALLENGE THE STATUS QUO
If you discover a way to improve a process or strategy, don’t be afraid to bring your idea to leadership. Just because something has always been done a certain way, doesn’t mean it is the most efficient way to do it. Test your idea. Take calculated risks. Propose new methods. Even if some of your ideas are rejected, leadership will take notice of your ingenuity.
SHIFT YOUR MINDSET
To really embrace intrapreneurship, you will also need to shift your focus from simply completing tasks to problem-solving. Yes, there will always be tasks on your to-do list that need attention. But your main focus should be trying new ideas, asking probing questions and offering different approaches. Seeing the bigger picture and solving important issues will help your company on a larger scale.
WORK LIKE YOU'RE ON A MISSION
Of course, any worthwhile endeavor begins with a plan. Create a roadmap of the problems you wish to solve, along with some ideas of how you’ll do it. Then, lead by example. Take initiative, embrace change, welcome different perspectives and drive results – work like you’re on a mission. As you move from challenge to challenge, don’t forget to track your accomplishments and log lessons learned along the way.