ENTREPRENEUR TO LEADER Flashcards
1
Q
problems entrepreneurs face:
A
- Rapid growth; stress on systems
- Production; coping with the extra demand
- Cash flow; the danger of overtrading
- Space; the need for more room
- People; increased hours
2
Q
overcoming difficulties
A
Stress management Education; qualifications Mentor; gain advice and support Delegate and trust; utilise qualified employees to lighten the load and take responsibility
3
Q
difficulties of becoming a leader
A
- Accept responsibility and adjust your mindset
- Need qualities such as confidence
- Sharing ownership and control of the business
- Stress; larger responsibility