This episode of Life of an Electrical Contractor is about Intrapreneurship. Intrapreneurship can be summed up as being an entrepreneur within a company. That is, taking ownership of your situation rather than do the minimum to get by, to look for opportunities to expand either your own responsibilities or the company itself, and being able to think independently.
The term may sound new, but it actually dates back to 1978, and came into common usage in the 1980s. In this episode, I detail the kind of person you need to be to be an Intrapreneur. You need to be able to fix things in the company that you see can be improved, you have to give it your all, you have to be willing to bring and give value to others, and be of strong character. If you have the mindset of doing just enough to get by and then finding other things that make you happy, there’s nothing wrong with that, but if you want to take ownership and take a step closer to being an entrepreneur, being an intrapreneur will give you a chance to learn many soft skills it takes to be a successful entrepreneur before you run with your big idea and start your own business.
0:31 The employee and the entrepreneur
1:02 how to go from employee to entrepreneur
1:56 What is an entrepreneur?
2:35 What is an employee?
3:54 Author Patrick Bet-David and “Intrapreneurs”
6:03 Why would someone want to stay an employee?
8:03 Traits of an entrepreneur
9:05 Does it interest you to fix things in the company?
10:22 Are you willing to give it all?
12:15 Are you willing to make other people better?
13:05 Are you vigilant?
18:13 Are you bringing value?
22:29 “They don’t pay me for that” is an employee mindset
25:54 Leadership is the challenge to be something more than average