Moving from entrepreneur to leader

• what are the difficulties in developing from an entrepreneur to a leader?

  If business is a success, more staff must be employed to help run the business which can be a difficult transition
• What may an entrepreneur have to be prepared for when moving towards becoming a leader?

  • Delegating responsibility
  • Developing emotional intelligence
  • Becoming less reactive
• Explain what and why an entrepreneur must know how to delegate responsibility

  • To manage specific areas of business
  • Involves being able to trust individuals
• Explain what and why an entrepreneur must know how to develop emotional intelligence

  • To give your staff a sense of well-being & keep them motivated
  • Understanding and listening to individuals ideas can help business grow whilst keeping employees feel valued
• Explain what and why an entrepreneur must know how to become less reactive

  • Lots of staff involved so decisions must be made responsibly so there isn’t any risk of bad consequences