Autonomy is a cornerstone of entrepreneurial success for several reasons:
1. Decision-Making Power: Entrepreneurs with autonomy can make quick and effective decisions, which is essential in a fast-paced business environment. 2. Creativity and Innovation: Autonomous entrepreneurs have the liberty to experiment with new ideas, leading to potentially groundbreaking innovations. 3. Motivation and Satisfaction: Having control over one’s work increases job satisfaction and motivation, which can drive an entrepreneur to work harder and smarter. 4. Adaptability: Autonomous entrepreneurs can swiftly adapt to market changes and customer needs without waiting for approval from higher-ups.