Being an Entrepreneur and Being a Leader

Posted by: Rod Kurtz on June 22, 2006

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.

Jane Hilburt-Davis
President, Family Firm Institute
Author, Consulting to Family Business
Founding principal, Key Resources
Cambridge, Mass.

Reader Comments

alan haveson

June 28, 2006 10:49 AM

Well stated. However, I am saddened by the fact that only members of the choir see this. Many budding entrepreneurs do not understand the 24-7 commitment to risk necessary to succeed along with the need to make sacrifices. It is also important to be able to change from having an employee mentality to a leadership mentality. Society today is encouraged to achieve immediate gratification and feel entitled but dessert is supposed to come after the meal, not before. This is a very hard concept for most people today to grasp. I have been a somewhat successful entrepreneur for over 50 years and am still doing it and would not have it any other way. Thank you capitalism, and grandparents, and parents for enbabling me to live in a country that allows choice, and rewards effort.

ss

February 26, 2008 12:38 AM

how do you shift from a employee mentality to a leadership mentality?

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