There are always a lot of responsibilities
associated with starting and running a small business. Primary among
these responsibilities is leadership. No business runs on its own steam.
Every business requires someone with a vision and mission to drive it
in the required direction. For anyone to play that role successfully,he/she must have real leadership qualities to move the
business forward. Without real and dedicated leadership, no business
stands a very good chance to succeed. Here are some 5 reasons why new entrepreneurs should be able to lead.
01. The entrepreneur owns the business idea. More
than anyone else, it is the entrepreneur who knows the source of the
business and what he/she wants to do with the business. It is he/she who must
therefore lead everyone else in the direction he/she wants the business to
go.He/she practically holds the key to the success or failure of the
business. That comes with some responsibility which only a very good
leader can offer.
02. The entrepreneur is the business leader.
The main function of a business leader is to give leadership to the
business. That leadership comes with discipline, responsibility,
resourcefulness and a clear sense of direction. If the entrepreneur is
unable to give this leadership, the business usually falters. It may
even fail because of that.
03. The entrepreneur is the chief negotiator. To
run a small business successfully, it is inevitable that the
entrepreneur will have to negotiate regularly with workers, suppliers,
customers, partners and financiers. You are not a good entrepreneur if
you are unable to offer the desired leadership for these negotiations.
04. The entrepreneur is the chief promoter of her products.
It is the entrepreneur who is the human face of her business. She
personifies the business. It is he/she who must give the leadership to
promote his/her products in the market. At times, many entrepreneurs are
known and even identified with the names of their products. To promote
these products, the things such entrepreneurs usually do or fail to do
always have a direct bearing on the fortunes of their products in the
market place.
05. The entrepreneur is the chief sales person in the business. It
is usually not easy for an entrepreneur if he/she is unable to sell. All
sales persons in a business always follow the lead of the entrepreneur
to sell the products of the business. If she is unable to sell, it is
usually very difficult for others to sell. This is because there is
hardly any other person in the business who knows the products and the
markets as well as the entrepreneur.
Every entrepreneur always
has an onerous responsibility to run his or her business in whatever direction
he/she wants. That responsibility comes with discipline and real leadership
abilities. The difference between success and failure of a business can
at times be solely determined by the leadership quality in the
business. Every new entrepreneur who wants to succeed in his/her chosen
enterprise must aim to lead the business responsibly. Remaining relevant
and being known by the business you do is always an ideal dream for new
entrepreneurs. Your ability to lead is one sure step to that ideal.
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