Edexcel-entrepeneur To Leader 1.5 Flashcards
1
Q
Entrepreneur
A
A person who starts a new business
2
Q
Moving from entrepreneur to leader
A
Number of employees
Amount of customers
Quantity of resources
3
Q
Changes which take place entrepreneur
A
Formality
Shared ownership
Greater responsibility to others
4
Q
Difficulties
A
Adapting mindset
Stress
May need to give up some of the control
5
Q
How to overcome difficulties
A
Delegation and trust
Respect
Education
6
Q
Reasons
A
Need new skills
Impossible to take on work load independently