Moving From Entrepreneur to Leader (Edexcel A Level Business): Revision Note

Entrepreneurs need to learn to delegate tasks and responsibilities to others

This can be difficult for entrepreneurs who are used to having control over every aspect of their business.

As a leader, it's important to trust your team members to do their jobs effectively

It's also important to verify that tasks are being completed correctly and on time

Finding the right balance between trusting your team and verifying their work can be a challenge

Entrepreneurs are often driven by their ideas and visions

As a leader, it's important to listen to the ideas and perspectives of others

Leaders need to be open to new ideas and willing to adapt to changing circumstances

Entrepreneurs are often used to taking quick action and making decisions on the fly

As a leader, it's important to take a more strategic and measured approach to decision-making

 Leaders need to be able to understand and manage their own emotions, as well as the emotions of their team members

Many entrepreneurs are used to being driven by passion and enthusiasm rather than emotional intelligence and empathy