Hopefully you read the previous post “Every Walt Needs a Roy.” If you haven’t read it yet, just go ahead and click on it over there on the right —> and read it now.

Every Walt needs a Roy and intrapreneurs are an important asset to a business of almost any size. Intrapreneur is a term that you might not be familiar with. It has been coined just in the past 30 years or so. Intrapreneur describes a person within an organization who is given the resources and freedom to make things happen but doesn’t take on the risks and responsibilities of the entrepreneur. They are often responsible for turning an idea into a finished product.

We’ve all heard and read about the importance of delegation. We can’t be everywhere and do everything. As a business owner, the risk and responsibility ultimately ends up on our desk. Some very talented people don’t have the desire to take up that role but can still take “ownership” over some of the operations. If you can give some resources and freedom to a trusted team member you might be surprised at how much more can be accomplished within your organization. Give someone the opportunity to grow and surprise you. Show appreciation when they do.

If you are in an organization where you are not the owner don’t ever underestimate what you can bring to your employer. Taking ownership of a project or some area of operation is a great way to expand your skill set and increase your team’s confidence in your abilities. Think of yourself as being in business for yourself. Your product is you! You can package, market and sell your benefits to your employer and everyone wins.

If you are an entrepreneur, recognize a good intrapreneur when you see one. If you are an employee, don’t be afraid to step up and be that team member who makes things happen.