As we enter into the placement season, one of my friends asked me this question – what is the difference between entrepreneurship and intrapreneurship? Here is an analogy:

Entre = I climb up the tree with risk of falling down and get my own ‘tender’ coconut and drink it up

Intre = Coconut in self-service mode with fickle just under the tree. Pick up the right coconut, open up without hurting yourself and drink up!

(c) lifewithmonkeys.typepad.com

How different is it really? Forget the end (upside / downside limits in intre), the means are just the same in Intrapreneurial activities and entrepreneurship.

Intrapreneurship is entrepreneurship with lowered risk – don’t the VCs have lower risk propensity than the angels? Don’t PEs have lower risk propensity than VCs – does it mean VCs and PEs don’t take risk or don’t need entrepreneurial spirit? Guess u got where I am getting to. What links all of them together are three things: thrill in identifying or generating opportunities, managing risk and creating value.

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