Group 3

The Entrepreneurial Mind

Agenda
Lesson Comparison: Entrepreneur
13: & Intrapreneur

Lesson Entrepreneurs 'Personal

14: Traits and Characteristics

The era of working for

Lesson
others: Intrapreneurship
15:
and Intrapreneur
 Comparison
Entrepreneur & Intrapreneur

Entrepreneur
• Start their own business.
• Procure their own.
• Independent
• Complete control
• Owner
 Comparison
Entrepreneur & Intrapreneur

Intrapreneur
An intrapreneur is an employee within a company who takes on an
entrepreneurial mindset and takes the initiative to innovate and create new
products, services, or processes within the company.
Comparison: Entrepreneur & Intrapreneur

Entrepreneur Intrapreneur

An entrepreneur is an individual who starts a new An intrapreneur, is an employee of a company who takes
Definition business venture with the aim of making a profit. on the role of an entrepreneur within the organization.

Entrepreneurs take on a high level of risk when starting

Intrapreneurs, have less risk as they are working within
Risk a new business venture, as they are investing their own
an established organization.
money and time into the project.

Intrapreneurs do not own the company they work for, but

Entrepreneurs own their businesses and have complete
Ownership control over the direction of the company.
they are given a certain level of autonomy to innovate
and create new products or services.

Entrepreneurs often have to seek outside funding to Intrapreneurs have the resources of the company they
Funding start their businesses. work for at their disposal.
 Tim Cook Steve Jobs
CEO of Apple company Co-Founder of Apple
Entrepreneurs' Personal Characteristics

Passion Resilience Strong sense of self Flexibility

Entrepreneurs' Personal Characteristics

Vision Risk - Taking

Entrepreneurial Personality Characteristics: Where can you
get them?

Self (Biggest Coach) Parents Teachers or Mentors Friends

Entrepreneurial attitude: How
is it developed?

• Self profiling • Consulting with

mentors

• Positive habits • Reflect and review

 The era of working for others:
Intrapreneurship and Intrapreneur
As transformation occurs in every field of
endeavor, companies are in competition of
new ideas and products.
KODAK: An intrapreneurship case Steven Sasson is working for Kodak;
a business organization involve in digital technology industry. During
that time, Kodak believes that they will take the market lead forever with
their current product offerings. On this eve, Mr. Sasson presented to the
board his invention of digital camera. Kodak’s executives are quickly to
assess this kind of technology. Unfortunately, due to their belief of status
quo, the executives perceive the idea of Mr. Sasson as threat rather than
an opportunity to introduce it to the market. In 2012, in disbelief, Kodak
file for bankruptcy because they are not fully equipped with enough
armaments to join the ‘market war’ of digital technology.
 • Being Proactive

Similar to entrepreneurs, being proactive makes your job

intrapreneurial.

• Thinking altruistically or pro-socially

It is very simple, be happy of what you are doing.

Entrepreneurship
• is a person who takes a considerable amount of risk to own and
operate the business with an aim of earning return and reward
from that business.

Intrapreneurship
• is an employee of the organization who is paid remuneration
according the success of the business.
Basic for Comparison Entrepreneur Intrapreneur

Entrepreneurship refers to a person
Meaning who set up his own business with a
new ideas or concept.
Intrapreneur refers to an
employee of the organization
who is charge of under taking
innovation in product service,
process, etc.

Approach Intuitive Restorative

Use resources provided by the

Resources Uses own resources
company

Capital Raised by him/her Financed by the company

Basic for Comparison Entrepreneur Intrapreneur

Enterprised Newly established An existing one

Dependency Independent Dependent

Risk Borne by the entrepreneur himself Taken by company

Change and renew the existing

Creating a leading position in the
Work for organizational system and
market.
culture
Thank you for
listening!