1.5.6 Moving from entrepreneur to leader

Question 1

definition leader

Answer 1

the action of leading, directing the group of people or organisation or the ability to do this

leader is someone who directs, inspires, and aligns a group of people/organization toward strategic objectives, fostering collaboration, innovation, and growth.

Question 2

difficulties moving from entrepreneur to leader

Answer 2

trust
delegate
listen
open mind
less reactive
emotional intelligence

Question 3

meaning delegate

Answer 3

giving authority to others to carry out tasks

Question 4

mean trust

Answer 4

often means letting go of idea that they have been nurturing or gelegating tasks out to new employees

Question 5

listens meaning

Answer 5

good leadetrs take the opinions of others into account and allow them to help woth the business

Question 6

open mind examples

Answer 6

accept new suggestions and comments, in search of nrew ideas, familiar with market and potential competitors, motivated, open to learn new skills, adaptable to various situations, sufficient knowledge

Question 7

means less reactive

Answer 7

true leadfrt will never be less reavtive to dynamic markets and more proactive –> setting trends, able to see gap in the market, moving ahead of competition

Question 8

means emotional intelligence

Answer 8

is the ability to undetrstamd, use and manage their own emotions in positive ways to reduce stress, communicate effetivly, empathise with others, reduce conflict and overcome challenged