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An entrepreneur is someone who exercises initiative by organizing a venture to take benefit of an opportunity and, as the decision maker, decides what, how, and how much of a good or service will be produced. An intrapreneur takes risks and drives innovation within a business for better serving the marketplace through increased goods and services.

Tackling inefficiencies within a large and complex industry such as healthcare or agriculture requires subject matter expertise. Because an intrapreneur is focused on resolving a specific issue, such as increasing productivity, he possesses the domain knowledge directly applicable to his assignment. An entrepreneur interested in organizing a venture to address healthcare or agriculture will do well by partnering with an intrapreneur from such industry.

Driving innovation requires technical knowhow and engineering skills, something healthcare and agricultural professionals typically do not possess. An intrapreneur able to interpret trends in the marketplace and visualize how the company needs to evolve to stay ahead of its competition will do well by partnering with an entrepreneur fluent in science and technology.

Startup Weekend Ventura County, April 21st-23rd, 2017, will bring together healthcare and agriculture entrepreneurs and intrapreneurs. We expect amazing innovations and great business ideas to come out of this union. Come join us.

Martin Shum