Although entrepreneurial and intrapreneurial intentions have been a hot topic recently, the role of self‐perceived employability has been neglected. This study investigates the relationship between self‐perceived employability and entrepreneurial and intrapreneurial intentions. The relationship was tested using structural equation modeling based on the primary data from 1264 participants in six countries. The results show that self‐perceived employability is significantly related to entrepreneurial intentions in all countries and intrapreneurial intentions in four out of six. The findings contribute to the neglected role of self‐perceived employability, based on which several implications have been provided.