Why Being an Intrapreneur is Good for Your Career

Why Being an Intrapreneur is Good for Your Career

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Where are new jobs being created? Small to mid-size businesses! This is where most of the world works. And if you don’t already work for a small or mid-size business, this is where most of you will find work in the coming years. Being entrepreneurial is all about creating, building, and problem solving! Entrepreneurial companies are about building jobs, creating economic value, finding new markets, innovating and solving unsolved customer and marketplace issues. That is why the jobs are in growth companies. A free market works this way. And these are not the type of jobs that your great-grandfather had turning a wrench on the assembly line, working for a big company. These companies create jobs that demand intrapreneurial behaviors and actions.

Small to mid-size business requires a very different mentality and shift in employee thinking and behaviors. If you don’t want to start your own business and take on the burdens of business ownership, then go work for a growth business. I call that being an intrapreneur. As an owner, we choose to create an entrepreneurial environment, in which you can think and act like a business owner, which is being intrapreneurial! For the Outside-In® Companies, well, we made intrapreneurial a value because we want entrepreneurial behaviors in the business.

intrapreneur-entrepreneurialWe want to encourage all employeees to lift their head, to think and see business problems that need solving and to find solutions to them. Intrapreneurs see business opportunities. Take calculated risks. Will never say that’s not my job. And typically that is what it will take to manage and handle a growing business. All hands on deck. Intrapreneurial employees are interested and clear about the company mission. And have an attitude about their job that is different than those who work for a big company or have a government job.

Intrapreneurship means anyone will do whatever it takes to move the company forward in its mission. And this may seem extreme or impossible if you work some place that says just do your job or says no to every idea that you have. But, imagine a place that wants and collects your feedback and ideas. Or that is pleased when you do something that is not on your personal scorecard but it is great for the business.

So what is the opposite of intrapreneurial?
If you work for the government or a really big company, you’re mostly paid a wage to do a job — nothing more or less. If a wage is what you’re after, great! You found nirvana. But many workers get frustrated and feel like it is hard to have any kind of greater impact. They are made to feel or are told to color within the lines. Don’t challenge. Keep new ideas to yourself. Don’t work too fast. These behaviors will call attention to you, or worse yet others on your team. Many leaders want to change this reality and a few do. BUT, most quit trying for the very reasons others have — it simply takes energy that is not worth it. And in the end, these behaviors are not welcomed because they are a threat. To go above and beyond, one must feel appreciated for it. When they aren’t appreciated, one of two things happens:

  1. Some start to just do the minimum and learn to keep out of the way.
  2. Those who are more intrapreneurial leave!

Contrast that to an entrepreneurial, fast growing and changing business. You’re hired to create economic value. In fact, your earning power is much more directly tied to the power of your ideas and output! Not just the work you do. And in the end, this creates a career path that is more matrix-like, than a ladder that you climb. And climbs take time right? When you slide diagonal and side ways? It happens faster!

So try to behave in these intrapreneurial ways :

  1. Create value. Look around and see what is broken or wrong in your area. Figure out how to fix and then, fix it!
  2. Keep growing and learning. Think this is a silly? Well, many won’t invest in themselves, but the world demands it. Keep up or suffer the outcome.
  3. Understand how people handle change. You must change personally or know how to help others.
  4. Know your market. What are customers saying to you? What is the market sharing? I bet your company can get better and so will your career if you know and work on this.

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