In my personal blog on the subject [IntrapreneurEntrepreneur.com], I define intrapreneurs as “entrepreneurs who turn ideas into profitable products and services as employees of a company.” If I wanted to get a little fancier, I would define intrapreneurs as “company incubators of tomorrow’s products and services.”
One of the first dictionaries to ever define the term of intrapreneur is the American Heritage Dictionary. Interestingly, they define an intrapreneur as “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.” Although I like this definition and believe it conveys excellent insight into what an intrapreneur is (especially in reference to “risk-taking and innovation”), it has one inaccuracy in my opinion:
An intrapreneur can be found in companies of all sizes, not just large corporations.
9. What’s your best piece of advice for aspiring intrapreneurs?
Do not be afraid! Don’t be afraid to present an unsolicited idea, or even business plan, to your company executives and decision-makers. If I had been “too afraid” to present my voluntary business plan to our company executives at Globus, not only would my career have not progressed in the way it did, but our company would also not have developed an entirely new customer base and pillar of revenues. Moreover, Globus’ launch of the new business unit has led to job creation for society and permanently impacted the trajectory of the global faith-based travel marketplace.
So, whatever industry you may be in, do not be afraid to put forth your intrapreneurial idea… you just never know where it may lead!
Read the rest of the interview at: