The Key Points Aspiring Entrepreneurs - amazonia.fiocruz.br

The Key Points Aspiring Entrepreneurs Video

In the dictionary, an entrepreneur is defined as a person who sets up a business taking on financial risks in the hope of profit. A leader is defined as a person who is in charge of a group, Entreepreneurs or country. So an entrepreneurial leader would effectively mean a person who has started a business with a vision, employed his own funds and leads a team in pursuit of the common goal.

Not all entrepreneurial leaders succeed in their pursuits. Indeed, many businesses crash within a year or two.

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So what is it that separates the men from the boys? What is so special about those entrepreneurial leaders who see their business soar high on the flight of their imagination?

A study of several successful businesses and their leaders would reveal a few key dimensions which are common and contributory to their success. Let us analyse a few of the key dimensions of entrepreneurial leadership.

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Entrepreneurial leaders have a clear understanding of who they are and what is meaningful to them. They have a well-defined purpose in life and work.

They are aware of their business purpose and a broad idea of how they wish to move forward. They understand how their businesses fit into their industry and their society. Those possessing entrepreneurial Entreprneurs qualities are also aware that they would need other like-minded people to form a great team in the absence of which the goals would remain a dream. A good leader focuses first on what to do but a great leader focuses The Key Points Aspiring Entrepreneurs building the right team first. Like Jim Collins says in his book Good to Great, great entrepreneurial leaders make sure they have the right people on the bus and the right people in the key seats before deciding where to drive the bus.

Building the right team is a battle half won and is a great leadership quality to possess.

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It is so important to find round pegs for the round holes so that the team is able to align with the common goal and move forward as one well-oiled machine. Successful entrepreneurs never take the short The Key Points Aspiring Entrepreneurs. They prefer to have a clear long term vision well into the future and move towards that goal steadily. They are futuristic in their outlook and never suffer from short oPints. They prefer to suffer in the short term but are seldom distracted from long term goals. The case of successful visionary Jeff Bezos who founded Amazon is a clear case in point.

He was way ahead of his time when he started the company but is now reaping the full benefits of that remarkable vision. Once the right people are in place, it is important to define the vision as clearly and concisely as possible.]