Images of Entrepreneurial
Leadership
Rosalie M. Cabagay, MPA
Overview
Entrepreneur – Motivational Video
Module Objectives
✔ Describe an entrepreneur
✔ Define entrepreneur, leadership and
entrepreneur leadership
✔ Identify who an entrepreneur is, its
characteristics, qualities, features, principles and
skills
✔ Know the Entrepreneur Leadership Decision
Process
Pre-Assessment
Based on video,
https://www.youtube.com/watch?v=DPR3p3EJADo:
⮚ What is an Entrepreneur?
⮚ What are their characteristics?
Entrepreneur
⚫A person who organizes and manages any enterprise,
especially a business, usually with considerable
initiative and risk.
⚫ The word entrepreneur originates from the French word,
entreprendre, which means "to undertake." In a business
context, it means to start a business. Entrepreneur, translated
from its French roots, means "one who undertakes." The term
is used to refer to anyone who undertakes the organization and
management of an enterprise involving independence and
risk as well as the opportunity for profit.
Leadership
⚫A simple definition of leadership is that leadership is
the art of motivating a group of people to act towards
achieving a common goal
Entrepreneur Leadership
⚫Rarely can entrepreneurs make a company succeed by
themselves. This is much like the fact that the greatest
athlete doesn't ensure that their team will win if the
other players cannot perform. As such, entrepreneurs
need to be able to identify staffing needs, expertly fill
them, and lead the team to success.
Entrepreneur Leadership Qualities
⚫Seeking self-improvement
⚫Possessing technical skills
⚫Accepting responsibility for actions
⚫Making decisions
⚫Being a role model
Features ofGood Entrepreneur
⚫ Brain – to plan
⚫ Hands – to do the plan
⚫ Mouth – to communicate and convince
⚫ Eyes – to see to it
⚫ Ears – to spy
⚫ Nose – to smell danger
⚫ Skin – to protect
⚫ Heart – to love and create good relationship
⚫ Feet – to stand
⚫ Spirit – to live
Principles of Entrepreneurial
Leadership
⮚ Never blame
⮚ Don’t create adversarial situations
⮚ Understand the work. Be a constant learner
⮚ Don’t put square pegs in round holes
⮚ Lead by example
⮚ Brainstorm
⮚ Record all ideas
⮚ Ask, don’t tell
⮚ Be decisive
⮚ Consider profit-sharing
⮚ Be sympathetic
⮚ Be firm
Entrepreneur Leadership skills
✔ Muster a committed team
✔ Communicate without limits
✔ Make company’s mission statement clear
✔ Unearth true, genuine leadership
✔ Identify your hindrances
✔ Build a flexible team and give them proper direction
✔ Trust in your team
✔ Acknowledge people’s talent and give proper credit
✔ Motivate your employees
✔ Be prepared for the unexpected
Entrepreneur Risks
❖The first risk that an entrepreneur faces is the market
risk
❖The second risk is the credibility risk
❖The third risk is the investor risk
❖The fourth risk is taking a consultant and an expert in
the field
Entrepreneur Leadership Decision
Process
1. Entrepreneur will be able to deal with obstacles.
2. Establish decision making criteria.
3. Entrepreneur have any quantitative evidence.
4. List pros and cons for each choice.
5. Entrepreneur have overwhelming anecdotal
evidence.
Assessment
Top 10 Successful Filipino Entrepreneur Video
⮚ Specified the business they are
in and the characteristics they
possessed.
⮚ Who is an entrepreneur?
Define in your own words.