In today’s global setting, an entrepreneur needs certain leadership skills. Good leadership skills for an entrepreneur include the ability to communicate, show self-confidence, solve problems, give and receive feedback, and negotiate. A good entrepreneurial leader compassionately listens to problems posed by his or her team. The entrepreneur uses both logic and compassion to solve problems (Abbasi, Siddiqi, & Azim, 2011).
Todorovic and Schlosser (2007) suggested the entrepreneurial leadership orientation is effective when the entrepreneur exhibits charismatic organizational characteristics coupled with good citizenship. Leader-follower relations under such conditions promotes agility, freedom, risk-taking, and innovation. Top-down autocratic leadership styles hinder performance. A good entrepreneurial leader has more characteristics attributable to a (bottoms up) servant-leadership style (Joseph & Winston, 2005).
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Abbasi, M. H., Siddiqi, A., & Azim, R. u. A. (2011). Role of effective communications for enhancing leadership and entrepreneurial skills in entrepreneurial skills in university students. International Journal of Business & Social Science, 2(10), 242-250. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=6478501&site=ehost-live
Joseph, E. E., & Winston, B. E. (2005). A correlation of servant leadership, leader trust, and organizational trust. Leadership & Organization Development Journal, 26(1), 6-22. doi: 10.110/01437730510575552
Todorovic, Z. W., & Schlosser, F. K. (2007). An entrepreneur and a leader!: A framework conceptualizing the influence of leadership style on a firm’s entrepreneurial orientation-performance relationship. Journal of Small Business and Entrepreneurship, 20(3), 289-308. doi: http://www.jsbe.com/