I coined the term “Inter-preneurship” by merging “internet” and “entrepreneurship,” defining it as the utilization of the internet in entrepreneurial pursuits. Given that many associate entrepreneurship solely with running a business, society often divides individuals into two socioeconomic categories: employers and employees. As a result, many people dismiss the idea of entrepreneurship as not suitable for them.
In their book “Scientific Answer to Human Relations,” Walter and Lao Russell assert, “The very foundation of life lies in the desire of every individual to provide services that fulfill the needs of their fellow human beings.” They suggest that this service-based reciprocity creates a balance, making each person both a giver and a receiver. This concept establishes what they call the Law of Rhythmic Balance Interchange.
THE EVOLUTION OF SOCIAL CLASSES
In the earliest era of humanity, there was only one class, where every individual enjoyed equality. This period, known as the Hunter-gatherer age, saw everyone relying on the bounties of nature for sustenance.
As people learned to cultivate crops and domesticate animals, land gained immense value. The need to safeguard these lands prompted the creation of monarchs tasked with governance and protection in exchange for royalties.
The discovery of valuable resources like oil, gold, and rubber reshaped the perception of land use. Previously deemed unsuitable for agriculture, some lands became precious due to their untapped potential. The substantial capital required to process these resources into finished goods led to a scenario where only the wealthy could afford the means of production, relegating others to the status of employees. Before this shift, except for those in forced servitude, everyone was essentially an entrepreneur.
THE DIGITAL TRANSFORMATION
The advent of technology, especially the internet, has democratized the means of production. The proliferation of affordable tools now empowers everyone to own these means, essentially enabling anyone to become an “inter-preneur.”
For instance, the Writers’ Guild of America faced a strike as producers began employing AI tools to create scripts. What they might not have realized is that technology has provided them with the means to become their own producers.
This transformative potential has the capacity to bridge the gap between employees and traditional entrepreneurs, allowing individuals to explore the realm of “Inter-preneurship,” where the internet serves as a powerful tool for creative and innovative pursuits.