In the first steps of the entrepreneurship road, it is necessary to answer an important question, which of the types of entrepreneurship can be the right path for me?
Basically, there are many different divisions for types of entrepreneurship, which can be more or less useful depending on our needs and attitude.
Intra-organizational entrepreneurship
Intrapreneurs are those who are concerned with creating more value. But they don’t care if they necessarily have direct ownership or maximum ownership of this value, or necessarily see the created work in the form of an independent legal entity.
You may convince the company to launch a new product, and you yourself, as a project manager, will follow step by step from the idea generation stage to the product launch .
Or you may transfer a loss-making service to an independent department with the permission of senior management. Then try to turn that department into a profitable unit.
Various motivations can lead us to intra-organizational entrepreneurship. For example, low risk tolerance may make you choose this type of entrepreneurship.
But you may happen to have a high risk tolerance, but recognize that this work will not be successful independently from a strategic point of view, and this child must sit on his father’s shoulder in order to be successful and create value.
Intra-organizational entrepreneurship is a big but worthwhile challenge. Intra-organizational entrepreneurs try to create a smaller and more agile business within the larger and more formal body of an organization.
In the end, what position the intra-organizational entrepreneur finds in the group and what share of the benefits he obtains is mostly subject to his bargaining with the senior managers of the organization or perhaps the board of directors, and the success or failure of these negotiations can sometimes depend on the success or failure of the business. The work that has been created has an impact.
Side entrepreneurship
This type of entrepreneurship is sometimes called Sidepreneurship . This means that an important part of your power and energy is spent on an official job. But you spend a small part of your time and energy on side work usually related to your specialty.
Consider an accountant who works full-time for a large company. But two days a week, in the evenings, he also takes care of the accounts of a small company. He is practically a side entrepreneur.
Side entrepreneurship is usually done with the aim of providing more liquidity for life. Of course, if this work is chosen consciously and intelligently, it can have more positive functions in addition to generating income.
Freelance
Freelancers do not want to work under the constraints of a specific organization. They define their relationship with organizations as short-term. Work for freelancers is a series of projects, each of which can be done for a different employer.
Some graphic designers are freelancers and they can be considered as a telling example of this job. They do project work for different companies and usually do not create an independent legal personality and cooperate with different employers in different time frames according to their time and capacity.
All-rounders
All-rounders think of small things. Things that can usually be done with one or two people.
The difference between generalists and freelancers is that they actually run a whole business from zero to one hundred. They usually have a legal personality, and if you don’t know the scale of their work, you simply won’t understand the size of their company from the outside.
Mehdi has a publishing house. His publications are managed by only two people. Himself and a motor courier who follows up on the administrative work. He takes the order to print the books; He finalizes them and submits them to lithography and printing workshops and finally gives the book to distribution companies.
In fact, Mehdi obtained a publishing license in any way possible and does the work himself due to his simultaneous mastery of layout and graphics software and familiarity with the printing and distribution process.
Whenever necessary, he uses the services of others in the form of outsourcing. But the important thing is that from the outside, he has a publishing company. A company that cannot be easily distinguished from other companies.
Process outsourcing
If we say that freelancers make a living by outsourcing companies’ projects, companies that operate in the form of process outsourcing do not have the desire to change their employer permanently.
They select one or more specific companies and ask them to perform a specific process .
Suppose one of the employees of the administrative department of a state-owned company, after retirement, takes over the transportation activity and management of transportation and commuting of the company’s employees in the form of a tender.
If he did not do this, the process of supporting the employees back and forth would be done by the organization anyway. But now it has become an independent work.
With this, both the costs of this activity are more transparent and specific, and a company works in a specialized field.
Maybe it was not justified for the parent company to hire a minibus repairer in its organizational chart, but for this company, it is feasible, strategic and economical.
This example is another example of process outsourcing: suppose a factory operates in the field of gearbox production. One of the important tasks in such a factory is measuring and controlling the quality of each product. In the case of gears, this is highly specialized and requires special and expensive equipment. A company might buy the relevant equipment, and provide precision measurement and quality control services for that factory and other factories in an industrial estate.
Be sure to note that such tasks can go beyond simple project tasks.
For both the ordering factory and the service provider, it makes sense for these types of partnerships to be long-term. In fact, a part of a factory or company has become an independent economic unit. Although common obligations between a company and its departments do not exist here.
Within a company, even if a department is performing poorly, it is not simply eliminated. But in this type of relationship, the contractor usually tries to work in such a way that the working relationship is maintained and remains.
Specialized floating companies
These types of companies, at least so far, have mostly been created in the digital economy, and not many examples of them can be found in Iran.
But we will probably see more examples of them in the world in the future, and maybe they will have a more serious role in our country in the coming decades.
Specialized floating companies, sometimes called Acqui-Hires , find and work on a highly specialized field. They hope to become so expert in that field that the top companies in the world will have to buy their company.
In the future, they will have a share of the ownership of the company and, on the other hand, they can continue to do what they love.
A great international example in this field is the DeepMind company in England. A group of artificial intelligence experts who believed that they have a different attitude to this field and that eventually the world’s largest companies should move towards them, founded DeepMind, they sought to develop methods that intelligent machines can participate in computer games like humans and to Play in such a way that their behavior is not recognizable compared to other humans.
This English company, after four years of specialized activity and doing project work, was finally bought by Google at a price of 400 million pounds.
The only serious challenge of this type of business is that none of the key employees should be attracted by the financial offer of other companies, so that finally the companies have to buy the entire collection at a very high price.
