This study has focused on the case study of Ricardo Semler, the owner of Semco. From the case study, it has been found that this person is following the Laissez-faire leadership style and this company provides full freedom to its employees. Based on this case study, four questions have been answered. The answer to the first question has mentioned that Ricardo has chosen the Laissez-faire leadership approach for his business and it has helped him to achieve business goals within the minimum time and budget. This answer includes both the benefits and drawbacks of this leadership approach. On the other hand, this answer has included a total of 3 leadership styles, their benefits, and drawbacks.