Business Level Strategy – Leadership Traits
“Leadership is practiced not so much in words as in attitude and action.” Good leaders are thus known to be people with a good attitude that puts them into action and helps them achieve their goals. So are you an entrepreneur, a leader of both?
So let’s take a look at an important aspect of a good Business Level Strategy – Leadership Traits. See also this TEDxLingnan University video where Anna Wong talks about the Feminine Traits That Make A Good Leader:
Who are entrepreneurs and leaders?
Entrepreneurs are defined as people with a set of skills that helps them identify a user’s need and provide solutions for it. Entrepreneurship is a skill that involves innovation, risk, creativity, and strong marketing skills which a business entrepreneur must have to launch a business.
Leaders, on the other hand, are people who not only help implement available resources in an effective manner but also motivate others for accomplishing a common task. It thus goes on to say that all entrepreneurs are not leaders, and all leaders are necessarily not entrepreneurs. However, if an entrepreneur is a good leader also, the success rate of a venture becomes much higher.