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Leadership Characteristics Of A Successful Entrepreneur

955 words - 4 pages

Successful entrepreneurs are specialized types of leaders that have a definite set of leadership characteristics that make them good at what they do--motivate people. Successful entrepreneurs are usually very focused in their vision and are immersed in making their venture successful. A good entrepreneur uses a dynamic and charismatic approach to motivate their employees to feel the same sort of feelings of success that he or she feels towards the ultimate success of the business. Howard Shultz, the founder of Starbucks Corporation, uses a dynamic leadership style, charismatic personality and vision to propel Starbucks as the premiere specialty coffee house in America, and is well on the way to becoming the global name for specialty coffee houses.Entrepreneurs, by the very nature of the definition, are self-starters that are highly motivated to make their business successful. Most people that start their own business do so because they have the personal drive to put their own ideas into a business venture. It takes a very motivated individual with personal convictions to make a business become a profitable and successful business. Obviously, if a person has enough gumption to take the steps to start their own business, then they are, by nature, very motivated individuals that want to make their project succeed. People who are not highly motivated will not become entrepreneurs or will more than likely fail if they try to make a half-hearted attempt to start their own business. To make a business succeed requires a vision of where the company should be after a specific time period. All entrepreneurs know in their mind what they would like their business to be in one year or five years or ten years. Successful entrepreneurs have a focused vision of what steps need to be taken to make their business succeed.The very best entrepreneurs are not only motivated themselves, but are able to spread their motivation to others through a charismatic leadership approach. People that become successful entrepreneurs have the ability to make those around them get excited about the business, just like they are. If the people that work in a company are motivated to work towards making the company a success, then the company has a much better chance of becoming successful. All entrepreneurs are excited about their own business, but not all of them can get the people that work for them just as excited. A dynamic entrepreneur is able to motivate others to want to produce a better product or service because they provide the employees with motivation and direction.Motivation is probably the single most important factor that an entrepreneur can provide to their employees, but creating a shared vision for all to work for is almost equally important. People will work harder for a company that has ideals and principles that they also believe in and share. Successful entrepreneurs are able to create a vision for the company; they provide a goal or ideal that employees and...

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