+1 212 318 2000
Europe, Middle East, & Africa
+44 20 7330 7500
+65 6212 1000
Different skills and talents are needed to take your company from a startup to a thriving enterprise. There is a real difference between entrepreneurs who start companies and leaders who grow companies. You have to know which you are in order to hire the right people to take your company to the next level. Start by honestly comparing your talents to the following:
Entrepreneurs tend to have high energy while leaders have moderate to high levels of energy.
Entrepreneurs generally have fair to poor listening skills. Leaders are good listeners.
Entrepreneurs are average to fair teachers. Leaders are fair to good teachers.
Entrepreneurs have average to fair emotional intelligence. Leaders have average to good emotional intelligence.
Entrepreneurs are always willing to take risks and are reasonably good at dealing with crises. Leaders are moderately willing to take risks in ‘normal’ times but are great with crises.
Delegating. Entrepreneurs have very high control needs and can’t delegate. Leaders have only moderate control needs and can delegate.
Entrepreneurs have a wide range of networking skills, from poor to great. Leaders generally have great networking skills.
President, Family Firm Institute
Author, Consulting to Family Business
Founding principal, Key Resources
Want to improve the way you run your business? Entrepreneurs, academics, and consultants from diverse industries offer practical advice on a variety of topics each business day.
To submit a tip for consideration, first check our archive of previous tips to make sure you're not repeating a tip someone has already contributed. Then send the tip to Small Business channel contributor Michelle Dammon Loyalka. Because of the volume of material she receives, she may not respond to each individual.