ENTREPRENEURSHIP

Detailed explanation-1: -Most important of all, entrepreneurial leaders are focused on developing others around them and create a sense of urgency within the organisation and a mission worth achieving. They set goals that stretch people’s abilities, develop a spirit of teamwork and build confidence.

Detailed explanation-2: -Leadership skills are essential for entrepreneurs as they need to be able to motivate and inspire their team members in order to achieve success. Problem-solving skills are also important as entrepreneurs often face challenges that need to be overcome.

Detailed explanation-3: -3. Supportive. An entrepreneurial leader realizes the importance of initiative and reactiveness, and they go out of their way to provide all the support that the team needs to achieve their goals. The leader usually does not punish employees when they take a calculated risk which misfires.

Detailed explanation-4: -An entrepreneur gets things done and loves to be competitive in the process. A true entrepreneur is not predictable, one that possesses a certain creativity level that allows one self to see and produce “ahead of the curve”. However, without strong people skills, an entrepreneur cannot be successful alone.