Video Transcript
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Hi everyone, so I still haven’t gotten my tripod.
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And so I have to use my hands as the tripod and so I’m just going to
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be walking around trying to get everything done while I talk with you.
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So today and I don’t know what is going on with this hair.
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But I guess it’s not that important.
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Anyway, I think one thing is like my hair grows so fast and before I
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had these as bangs but now they’re like down here.
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So now it’s all confused and doesn’t know what to do.
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But anyway, that’s not important management productivity and work-life
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balance videos.
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And if you haven’t subscribed at this point, please get so now I make
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these videos every week hit the notification Bell and let’s get
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started talking about the differences between an intrapreneur and it
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entrepreneur I talked about what an intrapreneur is what type of
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traits someone should have.
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And the benefits of being one but today I wanted to break down the
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differences between an intrapreneur and an entrepreneur.
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So as the name says intro memes internal and Entre means external.
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So the main difference is an intrapreneur is working in a company and
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entrepreneur either has his or her own company or their acelepryn or
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so.
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Basically that is the main difference that is easy to pinpoint.
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So that is the main difference and what goes with that is the fact
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that with an intrapreneur there is less risk because you still have
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your company that you’re working with and so you’re able to have the
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benefits that go alongside your salary.
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And so that means you don’t have to worry about health insurance Life
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Insurance Dental retirement Etc with an entrepreneur you have
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To be in charge of getting your own health insurance making sure that
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you’re saving for retirement as well.
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As for tax purposes.
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You have to make sure that you’re keeping track of your taxes because
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you don’t have a company that’s taking out taxes for you.
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So that is one of the things about an intrapreneur is that you don’t
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have to worry about that kind of stuff and as well as with an
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intrapreneur, but you do have your company.
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And so with that you do have the company that’s already set up you
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already have a company culture the vision of that company as well as
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any processes and procedures you probably will be part of creative
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process and procedures or contributing.
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But usually that’s something you don’t really have to worry about 100%
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with an entrepreneur your starting your company or your solopreneurs.
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So you have to create your own processes procedures and everything
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that goes along with that and you also
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As an entrepreneur how to create your company culture.
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You have to really think about what is your why why are you building
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this company and make sure that if you start adding employees into
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your company that you’re stealing and personifying that company
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culture to your employees.
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You have the freedom that you don’t have is in Japan where there is
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always pros and cons to everything.
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So yeah, there is the pro that you have your company behind you but
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that the con is that you have to make sure that you’re basically
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follow what your company wants or needs as an entrepreneur you have
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that freedom to create yourself and I think that is amazing because
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you don’t have to be not bogged down by just have to worry about like
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what others going to think what others going to do and you don’t have
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to worry about like, oh my God, if I say this or that then I can get
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in trouble with my company, which is something
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You don’t have to worry about as much manure.
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I think that that is the freedom that you have is entrepreneur that
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you don’t have an intrapreneur.
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And also with that.
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You also have the ability to start something as an intrapreneur.
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Yeah, you’re trying to start something and inside the company, but
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it’s entrepreneur.
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It’s basically like I will say like The Neverending Story at the end
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when they’re creating the world again, that is how it is with an
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entrepreneur the intrapreneur if we’re going still with that analogy.
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You’re just creating something within that world.
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So I think that just having that freedom is just amazing as an
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entrepreneur but with as an intrapreneur you still have some freedoms
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to create what you want and hopefully
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Be part of that company success, but it isn’t full Freedom like you
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have as an entrepreneur.
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So I think that those are really for the differences between an
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entrepreneur and intrapreneur.
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They have similarities.
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I think the traits of both are the same but it’s just the fact that an
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intrapreneur is working for a company and doesn’t have the full
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Freedom that an entrepreneur has but on the flip side and entrepreneur
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has to basically take care of everything like benefits that includes
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like health insurance retirement, which you know that administrative
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stuff unless you’re in that field isn’t that exciting to do know what
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you think and what you would prefer to be.
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Would you prefer to be an intrapreneur or an entrepreneur next week?
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I’m going to talk about what a company can do to create a culture that
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allows people to have the ability to being into Barnard.
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Please stay tuned for that, and if you haven’t connected with me on
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social media, please do so.
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I would love to talk with you and just connect with you in that way as
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well.
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So have a good week.
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Have a good President’s Day weekend, and I’ll talk to you soon.
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Bye.