Intrapreneurs: 5 ways to work your way up your company
You might have heard the word ‘intrapreneur’ batted about the business world a lot right now, and for good reason; working on your inner entrepreneurial skills can have big advantages for your career prospects. Let us explain.
Neeta Patel, CEO of the New Entrepreneurs Foundation, which runs a programme for 30 budding entrepreneurs every year, says that honing in your intrapreneurial skills will give you that sought after career edge.
“Intrapreneurs are people working within organisations who are constantly looking for ways to make improvements, introduce new initiatives or change the way a company works. Essentially, as a company innovator, intrapreneurs give companies a competitive edge as they keep the company up-to-date with external changes, the competitive climate or enable cost efficiencies which impact the bottom line.”
In simple terms, intrapreneurs are entrepreneurs without the financial risk.
“They may risk their career prospects or their reputation within the company if a venture fails but they do not risk their own money,” Neeta continues.
Instead of going it alone, they bring their skills and vision to the company that they work for and as a result, reap the benefits in promotions. So fancy doing the same? We asked Neeta for her 5 tips to use your intrepreneurial spirit to boost your career.