Data from the 2015/16 Global Entrepreneurship Monitor (GEM) survey reported that South Africa’s rate of established businesses was at 3.4% (more than below Africa’s average of 8%), while necessity-driven entrepreneurship was up 18%. To complement this statistic was the Total Early-stage Activity (TEA) which had increased, while the rates of these phases of TEA remained relatively low. With 62% of businesses closed South Africans and only between the ages of 25 and 44 are the most entrepreneurially active, why would current societal pressure blur the opportunity of being employed (and educated)? After all, is that not one of the values and impact of entrepreneurship, social or not?
It seems the greater cause of entrepreneurship is being totally missed at present with the aspirations to make it the latest trend without consequence to its opportunity of job creation. Starting a startup is no glamorous venture. It’s beyond scheduling Instagram posts with #MotivationMonday captions, uploading a picture of a “Meeting well done, can’t wait for what’s to come” when in actual fact you got a call a day later and lost the deal you thought was putty in your hands. Beyond the glamour frenzy, downplaying the aspirations of an employed peer because entrepreneurship is the only way to actualise one’s dreams and monetize passions, is what has been irking me for some time. Are we ever going to recognise and introduce the opportunity of Intrapreneurship to aspirant workers and entrepreneurs without the worry of being an entrepreneur with a lack of resources? So what is this concept of Intrapreneurship all about?
Intrapreneurship is a fairly recent concept that has a key focus on employees who are drivers of innovation in the company and have grand appetites for risk and return on investment. Intrapreneurs are more than in it for the paycheck, it’s innovating and crafting business value with the bigger idea of advancing not only their growth in the company, but the vision of the entity and adding value to the culture and employees of the company aswell.
For the aspirational entrepreneur, intrapreneurship is a platform to hone your entrepreneurial skills with all the resources at your disposal and the opportunity to fail fast and build and grow a business or product within the company. Intrapreneurship is the opportune playground to kickstart your entrepreneurial journey. And should one have no aspirations of being an entrepreneur, is intrapreneurship still for them? Absolutely! The concept is ideally about leadership, recognising and fostering growth to become a truly innovative leader. Entrepreneur or not, everyone with a role and responsibilities expectant to be remunerated for their services needs these skills.
With the high income inequality, underemployed, unemployment, weak job creating capacity in this country and the GEM highlighting that the job growth aspirations of entrepreneurs likely declined 4 times in 2015, the opportunity to intrapreneur has never been more ripe.
The rise of the entrepreneur does not have to equivocally bring shame to the employed, or a salary be seen as a bribe to pay off one’s dreams. Believe it or not, you can actually be both, an intra- and entrepreneur. If you are of the opinion that a salary is a pay off of one’s dreams and you’re pursing entrepreneurship, whose dream will you be paying off?
Sunday, 24 February 2019 16:15
Hello my loved one! I want to say that this article is awesome,Comment Link
great written and include approximately all vital infos.
I'd like to peer extra posts like this .
Thursday, 21 February 2019 09:33
This is really interesting, You are a veryComment Link
skilled blogger. I've joined your feed and look forward to seeking more of your great post.
Also, I've shared your web site in my social networks!
Thursday, 24 May 2018 11:08
You sure know what you're talking about. Everyone is going to soon be visiting your site.Comment Link
Friday, 20 April 2018 22:03
Goood day! Would you mind if I share your blog with my facebook group?Comment Link
There's a lot oof folks that I think would really appreciate your content.
Please let me know. Thanks
Monday, 15 January 2018 11:42
Everything is very open with a really clear clarification of the issues.Comment Link
It was really informative. Your site is useful. Thanks
Tuesday, 21 November 2017 15:52
Wonderful ԝebsite. A lot of helpful info here.Comment Link
I am sending it to a few buddies ans additionally shɑring in deliciߋus.
And of coսrsｅ, thank үou in your effort!
Thursday, 12 October 2017 03:00
You are not the average blog writer, man. You certainly have something important to add to the World Wide Web. Such a special blog. I will come back again for more.Comment Link
Wednesday, 04 October 2017 22:42
Wonderful goods from you, man. I've understand your stuff previous to and you're just too fantastic. I actually like what you have acquired here, really like what you are stating and the way in which you say it. You make it entertaining and you still take care of to keep it smart. I can not wait to read much more from you. This is really a tremendous web site.Comment Link
Wednesday, 04 October 2017 05:57
Hey! This post couldn’t be written any better! Reading through this post reminds me of my previous room mate! He always kept chatting about this. I will forward this article to him. Fairly certain he will have a good read. Many thanks for sharing!Comment Link
Wednesday, 04 October 2017 04:44
I truly wanted to type a simple note to be able to say thanks to you for the fabulous ideas you are posting on this site. My time-consuming internet lookup has at the end of the day been recognized with pleasant tips to talk about with my neighbours. I 'd claim that we website visitors are very much lucky to dwell in a superb network with so many marvellous people with interesting concepts. I feel very much lucky to have used your webpages and look forward to tons of more cool minutes reading here. Thanks a lot again for a lot of things.Comment Link
Leave a comment
Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.