Entrepreneurship and Leadership of Business Ventures

Entrepreneurship and Leadership of Business
Ventures
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Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Researching into Entrepreneurial traits and leadership Characteristics.......................................3
Analyse that how great entrepreneur to support each of traits given and leadership attributes or
style..............................................................................................................................................5
Reflection over GET, Aulive and leadership test taken to assess own entrepreneurship
characteristic or leadership, support example with work life......................................................6
Action plan to improve entrepreneurial trait and leadership style-.............................................7
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11
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INTRODUCTION
This report will discuss about the concept of “Entrepreneurship” and “leadership” which is
merely that discussed and covered into different sections. Analysing the element of discussion
about the conceptual termed and summarise entrepreneur leadership style, characteristics, roles
and responsibilities. This assignment will discuss or understand the difference between
leadership, entrepreneurship which is clearly visible the topic. Moreover, analysis the reflection
on GET score, Aulive and leadership test taken to assess the ability or capability of entrepreneur
in regards of work life.
MAIN BODY
Researching into Entrepreneurial traits and leadership Characteristics
Leadership is based on the process or technique through which an entrepreneurial provide
the brief idea about the path for individual, influence the group them to achieve its desirable goal
or objective. Sometimes, there are different tasks performed by leader in the organization with
efficient manner (Bagheri, Newman and Eva, 2020). A leader is basically carryout the leadership
style, skills, characteristics and knowledge. This will help for improving the entire performance
of individual people in order to achieve desirable goals. Sometimes, it is useful for leader to
balance work life and complex situation in the workplace.
Leadership is basically reflects the ability to inspire or motivate the employees, it helps to
build high aspirations and convinces the team to attempt all impossible goals an objective. An
effective leadership style will be adopted by great entrepreneur where they can provide the better
vision, mission with help of proper communication among staff members. in this way, it become
easier for measuring the goals, use of cost benefits, schedules and proper planning. These are
completely different from leader in the entire world and that are not known as manager.
As per research, it has been identified the Entrepreneurial traits and leadership
Characteristics, which may support for handled the work life of leaders in the organization.
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Entrepreneurial traits-
Hard-work- it is one of the important trait of entrepreneur where they can build a growing
business with no walk in particular direction or path. It takes a lot of hard work and invested
time, money. It is the most commonly leader use this trait to gain more opportunities. A
successful entrepreneurs are those who have spending a lot of time in their work.
Goal oriented- All kind of successful entrepreneurs has been started as struggling start-up with
achieve their big goals (Calic and Shevchenko, 2020). In order to achieve the success which
means that have a set of effective plan and always focused on generating a better result or
outcome.
Self- Motivated- it is only driven which able to finish the task and win in life. Success is
only for individual great entrepreneur who wake up each morning with focus on the goal or
objective to achieve. A positive attitude of entrepreneur who is always influence towards
business growth and development.
Leadership Characteristics-
Integrity- it is the important characteristic of leadership which means that essential for
individual’s in the organization. Especially when top level executives are interacted with other
people and make a better decision. Integrity is that actually be develop as blind spot for
enterprise. Make sure that enterprise can easily reinforce the significance in term of integrity to
leaders at different levels.
Communication- An effective leadership is able to interact or communicate with individual
people. That’s why, communication skill will support for transmitting the information or data to
coach the people (Chang, Chang and Chen, 2017). This type of communication skill is able to
listen, communicate across the organization which directly affect the success of business
strategy.
Self-awareness- it is also consider the important leadership characteristic which is always
focused on understand the entire business need or requirements. Sometimes, an efficient leader
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