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entrepreneurship

nerator. Possesses a strong desire to innovate and a Love of Ideas. Believes that new product development is crucial to carrying out company strategy, but good intelligence is not a major factor. His/her desire for risk aversion is high. He states further about various patterns of the four personalities: “There is no reason that a person cannot have more than one of the four personality patterns that make for successful entrepreneurship. In my experience, over a third of established entrepreneurs so possess at least two strong patterns. Multiple patterns are particularly frequent when Personal Achievers or Real Managers are involved. They are least likely in the case of The Empathetic Super Salespeople. Those who possess more than one strong pattern are called complex entrepreneurs. They may activate these patterns concomitantly and thus follow multiple routes at roughly the same time. Or, they may bring the multiple patterns to bear in some type of sequential order”. Despite the four different types of personalities that each person might possess, Pinchot (1994) gives a dozen tips on how to regain or hold onto their entrepreneurial spirit: 1. Find a vision worthy of persistence. Your vision should meet three tests: a) create more value for customers and stockholders; b) increase the value of the capabilities and assets of the organization; c) align with your deepest values and give you a chance to use your greatest talents; 2. Choose a vision of moderate risk, 3. Seek and use feedback, 4. Develop cross-disciplinary business judgment, 5. Share ownership with the team, 6. Never reject help, 7. Do whatever needs to be done, 8. It’s easier to ask for forgiveness than permission, 9. Come to work willing to be fired, 10. Know where the waterline is, 11. Never show fools unfinished work, 12. Balance reality and the dream. Analysis of Entrepreneurial LeadershipEntrepreneurial leadership is becoming very popular among all ty...

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