Entrepreneur and an Intrapreneur

As both entrepreneur and intrapreneur share similar qualities like conviction, creativity, zeal and insight, the two are used interchangeably. However, the two are different, as an entrepreneur is a person who takes a considerable amount of risk to own and operate the business, with an aim of earning returns and rewards, from that business. He is the most important person who envisions new opportunities, products, techniques and business lines and coordinates all the activities to make them real.

On the contrary, an intrapreneur is an employee of the organization who is paid remuneration according to the success of the business unit, for which he/she is hired or responsible.

The primary difference between an entrepreneur and intrapreneur is that the former refers to a person who starts his own business with a new idea or concept, the latter represents an employee who promotes innovation within the limits of the organization.

Difference between an Entrepreneur and an Intrapreneur:

Bases of Difference	Entrepreneur	Intrapreneur
1. Dependency	An entrepreneur is independent in his operations.	But, an Intrapreneur is dependent on the entrepreneur, i.e., the owner.
2. Raising of Funds	An entrepreneur himself raises funds required for the enterprise.	Funds are not raised by the Intrapreneur.
3. Risk	Entrepreneur bears the risk involved in the business.	An Intrapreneur does not fully bear the risk involved in the enterprise.
4. Operation	An entrepreneur operates from out-side.	On the contrary, an intrapreneur operates from within the organisation itself.