Entrepreneurs and Intrepreneurs

Do you qualify as an Entrepreneur or an Intrepreneur?

In these wild economic times we, as workers of the world, come in two categories: Entrepreneurs and Intrepreneurs.  As you may have noticed, more people are starting their own businesses.  These are the Entrepreneurs.  More precisely these are the people who: 

  • Assume a risk for a reward 
  • To buy and sell
    • Enough “stuff” 
    • Each day 
    • At a profit.   

At the same time more people are being asked to be Intrepreneurs.  By that I mean that more of us are being asked by employers to assume the mindset of an Entrepreneur inside of a business that we don’t necessarily own.   We are asked to assume some risk to buy and sell enough “stuff”  each day at a profit in anticipation of a reward, i.e. commission, bonuses, profit sharing, equity, etc.   

As an employee, if you “measure your business activities against the various elements of the definition of an entrepreneur”, you are more likely to make more effective decisions and truly support a business that supports you and your goals and commitments in life.   

chuck Scharenberg

QUESTION:

As an employee/staff/worker, what function or service can you take ownership of that will result in the best payback for you, your boss, and your customer?  

Chuck Scharenberg is the Founder of More Profit More Freedom, a consultancy that supports the execution of large-scale growth for small businesses. His practice has successfully grown businesses with processes that identify potential roadblocks and mitigation schemes to accelerate realistic execution.