The Dilemma of Being Entrepreneur or Intrapreneur:
Patria Batista
Marketing & Business Development Consultant | Bilingual Educator | Empowering Businesses & Entrepreneurs
Who has yet to be faced with the dilemma of whether to be an employee or start a business? The most being objective. Before I go into the topic, I would like to clarify the difference between the two to provide a better illustration and starting point.
?Intrapreneurship refers to people who decide to undertake business within an existing organization, that is, develop innovative projects and take risks within an established company. Entrepreneurship refers to those who start or grow an idea or project to create a new business independently.
?Both have their advantages and disadvantages. What benefits can I see in intrapreneurship? You acquire sponsored experience because you get paid for your work. You develop ideas and projects with resources from others. You share and learn from people with equal or greater knowledge than you. You have the opportunity to see the complete structure of the company working. The company develops a broader vision since you expose yourself to taking more significant risks because the risk is lower. If you have the opportunity to be in a good company, you can build a career, grow, and obtain benefits that allow you to continue developing, such as payment for high-value training. The disadvantages I see are insecurity regarding long-term permanence within the organization for various reasons, the time it may take for your development within it, and other, not less important, is to be recognized for your effort and value as a person and professional.
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?Now, let's talk about entrepreneurship being transparent and objective because it also involves a process that takes time to see the fruits. Among the advantages is the freedom to make your own decisions without too much bureaucracy since decision-making focuses on you as the central axis of the project. It has more freedom, and when I talk about freedom, it means that you can manage your time according to your needs and be careful. This does not mean working less; on the contrary, it often means working more, especially in the 1st stage of the project. You can have better and greater control of expenses because it will depend on how well you know how to run a business. You can develop a scaled growth scheme step by step, slowly but surely, which can guarantee the long-term permanence of your project or business if it is carried out on the right path. Among the disadvantages is, as in intrapreneurship, the permanence of the business in the market, and this is due to the significant limitations that an entrepreneur has when starting a business; another disadvantage is that you do not have financial support, here you are the one whom It supports you financially, making the risk of losing greater. Another disadvantage is that you often start alone here, so the level of work and stress is much higher.
?Now, putting both in context and reviewing their advantages and disadvantages a little, intrapreneurship, like entrepreneurship, is not for everyone, so it is worth analyzing all the pros and cons of both, doing a cross-analysis according to our perspectives, expectations, and, above all, with our true purpose to know where I fit best.
?Both are very important and necessary. One can be a consequence of the other, so we can not detract from any of them. Both entrepreneurs and intrapreneurs are needed. Both play an essential role in an individual's and society's personal and professional development. Mainly, having experience in both equips you with more knowledge and experience if you know how to take advantage of the learning each gives you in its context. Since they put you in the position of employee and employer, they make you understand the needs of your internal and external clients well with a high sense of reality, without empty passions. The reflection in this article is made to stop belittling one or the other because I have seen it in my long-standing professional career, and what I understand from my point of view is that the most sensible thing would be to be able to have the experience in both cases and thus obtain the best of these two worlds. Let us respect and support everyone who makes one decision or another; whether it is entrepreneurship or intrapreneurship, it is a very personal decision. So I invite you to be empathetic, and if you have the opportunity to walk with both shoes, do it, and you will notice the difference. I did it, and I am grateful; that is why I dare to talk about the subject from my experiences and with knowledge of the facts.(Author: Patria Batista)