The Entrepreneurial Mind

&
The Intrapreneurial Mind
 Entrepreneur

 An individual who, rather than working as an employee, runs

a small business and assumes all the risk and reward of a
given business venture, idea, or good or service offered for
sale.

 The entrepreneur is commonly seen as a business leader and

innovator of new ideas and business processes.
EXAMPLE OF AN ENTREPRENEUR

NANDAN NILEKANI
 Intrapreneur

 A person within a large corporation who takes direct

responsibility for turning an idea into a profitable finished
product through assertive risk taking and innovation.

 Intrapreneurs have entrepreneurial skills blended with

managerial skills but operate within the confines of an
organization.
EXAMPLE OF AN INTRAPRENEUR

ANINDYA MUKHERJEE, Vice President, SONODYNE

 Difference Between Entrepreneurs &
Intrapreneurs

Entrepreneur Intrapreneur
 Deals Mistakes and Failures.  Avoids facing Mistakes and Failures

 Follows dreams with decisions  Gets others to agree & help

achieve dreams

 Reward is Corporate rewards,

 Reward is Profits & Satisfaction Promotion, Recognition
 Higher Risk  Moderate Risk
 Usually of the Esteem & self-  Usually of the Belonging & Esteem
Actualization stage stage
Elements of the Entrepreneurial Mind

 Adaptable

 Tolerance

 Independent Thinking

 Consistent Ambition

 Determination

 A feeling of dissatisfaction

 Passionate

 Challenge = Opportunity
Elements of the Intrapreneurial Mind

 Dependent Thinking

 Recognition Driven

 Self Success connected to organizational success

 Changes work environment if not Supportive

What keeps most people from becoming
entrepreneurs?

 Funding

 Manpower

 Strong backing

 Branding/Marketing

 Fear
CONCLUSION