The Entrepreneur vs. The Intrapreneur: UNLOCK Your Path to MASSIVE WEALTH & SUCCESS (Without Taking ALL the RISK!) | Patrick Bet-David EP 609

The Daily Motivation

Lewis Howes

Education, Self-improvement

4.8 • 893 Ratings

🗓️ 9 May 2024

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

Patrick Bet-David shares powerful insights on the differences between being an entrepreneur and an intrapreneur. He breaks down the key characteristics that define each role, highlighting the unique sacrifices and skill sets required to thrive as either an entrepreneur or an intrapreneur within an established organization. Patrick illustrates his points with captivating real-world examples, from the success stories of Bob Iger at Disney to Steve Ballmer at Microsoft, demonstrating the immense potential of both paths. Listen to the whole episode discover which route aligns best with your goals and learn how to strategically position yourself for success in your chosen career trajectory.

Transcript

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0:00.0	Hi my name is Lewis Howes and welcome to the Daily Motivation Show.
0:07.0	And what's the difference between entrepreneur versus entrepreneur and how do you know if you should be an entrepreneur or if you should be entrepreneurial with a team and a mission that has funds and resources and it's not all on your
0:25.4	shoulders. Yeah that's a great question so you know one of the things we talk
0:28.6	about in this book your next five moves is knowing you know when you decide how you want to create your wealth and who you
0:34.3	want to be meaning okay so who do you want to be an entrepreneur I want to be an
0:38.5	entrepreneur I want to be a solopreneer I want to be a solo entrepreneur I want to be
0:40.2	content create I want to be an influencer I want to be an investor so you
0:44.0	you kind of figure out what angle you want to go and who you want to be.
0:47.0	And then you figure out which one you want to do next.
0:49.0	You may want to be an entrepreneur but intrapreneer may make sense next, right? You want it to be an intraprene or may make sense next right you want it to be an
0:53.7	entrepreneur may make sense next so this movement of entrepreneur got a lot of
0:58.3	people to become entrepreneurs who should have never become entrepreneurs
1:01.3	okay they just should have never become entrepreneurs because they did not experience the element of
1:06.2	being an entrepreneur. An entrepreneur thinks, works, is wired, looks at money, people, talent, recruits, sells the dream.
1:16.2	Everything an entrepreneur does is identical to the entrepreneur.
1:20.4	The only difference between the entrepreneur and the entrepreneur is the entrepreneur put up the money. That's it.
1:25.7	Meaning there is nothing else that's different there. The same amount of sacrifices
1:30.7	this guy's willing to make, this guy's willing to make. He just didn to make he just didn't put up the money right which is a whole different level of sacrifice whole different level of
1:37.8	pressure stress you got it yeah and that's one of the reasons why the entrepreneur
1:41.7	respects the entrepreneur it's like the hidden
1:44.2	code, listen man, I'm willing to do everything you're doing but I didn't put up money.
1:47.8	Salute. I respect you. This is why you're number one. I'm number two.
	...

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