What is the Role of Leadership in Entrepreneurship?
Leadership is a critical component of entrepreneurship. A strong leader sets the vision, culture, and strategic direction of a startup. They inspire and motivate the team to achieve common goals, often under conditions of uncertainty and limited resources. Effective leadership involves decision-making, risk management, and the ability to pivot when necessary. An entrepreneur-leader must be adaptable, resilient, and capable of influencing others to turn their vision into reality.