If you’re reading this right now, the chances are that you’ve heard the word entrepreneur before. S/he’s that person that is constantly looking to disrupt the market. They’re very proactive. Additionally, they always want to solve an existing or new problem in the market or improve a current solution. Heck, you’re probably reading this because you’re an entrepreneur yourself. However, one thing you might not have heard of is the term “intrapreneur.”
It’s funny how not every stellar business book or seminar talks about this set of people because they’re incredibly unique. They’re the life force of your company if you have employees within your organization. This is especially so because you can’t know it all or have the ability to do everything yourself. This is true regardless of your intelligence level.
In this article, we’ll be telling you who an intrapreneur is and how they contribute to your business’s success.
Who is an Intrapreneur?
In the simplest form possible, an intrapreneur is a person who works for a company but is primarily driven by an entrepreneurial mindset. Unlike regular employees, this person doesn’t wait to do what is meant to be done. Like an entrepreneur, this individual can spot problems with processes and work environments. They can develop solutions almost on the fly that would work excellently in getting rid of those problems. An intrapreneur is self-motivated, and they often treat the business with the same enthusiasm and zest as they would treat their own business.
For this reason, they’re in high demand across the business world in Africa and every other part of the world, and the chances are that your entrepreneurial taste buds are already tingling to have a taste of their resourcefulness. The few attributes listed in our definition do not nearly begin to cover what an intrapreneur does to contribute to your business’s success. Allow us to explain.
Three Ways an Intrapreneur Contributes to the Success of Your Business
1. They Increase Productivity
In our definition, we mentioned and explained explicitly that an intrapreneur is often very self-motivated. Intrapreneurs do not need to be told what to do before they get right to work. It is simply in their nature to get things done. With an intrapreneur on your team, you’re very likely to see their effects immediately, especially when you assign them specialized tasks.
It is even more glaring when you make them head a team, temporary or otherwise. They’ll likely be able to carry everyone else along, pulling the team together where necessary and bringing out the best in everyone around. It’s nothing special to them. It’s simply what they do.
2. They Solve Problems
When setting up a business, you should create systems and patterns that enable the company to function optimally. This should happen even in your absence. It’s the only way to ensure that you survive in the harsh realities of today’s business world. However, no matter how much you optimize your business for excellence, the chances are that there would still be small loopholes.
An intrapreneur is deftly skilled at finding these loopholes and helping you patch them up. This can be rewarding to your business in more ways than one. Examples include improving your workflow processes and boosting your profits in the long run.
3. They Innovate
If you must survive in the corporate world today, you must continue fine-tuning, improving, and working on yourself and your business. This directly translates to innovating and coming up with new ways of doing things.
If all you have are regular employees who simply want to come to work, do their tasks robotically, and exit the building, this might be a challenge. The reason is that these people do not have the drive required to help you improve the company the way you want. However, if you have an intrapreneur within your team, you can rest assured that you’ll have a consistent supply of ideas and thought processes. This will help you improve your business when required.
Depending on the department your intrapreneurial employee functions, you can expect to see innovations in your marketing efforts, production capacities, and so much more.
Having said all this, it’s only normal that you want to get on this train and hire an intrapreneur. However, you should know that things aren’t exactly that simple. Some people are born with this gift of being endlessly impressive. Other people aren’t quite as lucky as that, but they do have a lot of potentials.
As the business owner, it is your responsibility to ensure that you bring out the potential in those you have. After all, you cannot fire everyone as you please in hopes of stumbling upon an intrapreneur. But, how do you build that intrapreneurial mindset in your workers, you might ask? Well, that would be a topic for another day.
However, if you’re very passionate about finding out the answers to that question in great detail, you should sign up for the upcoming Pervium Training.