Entrepreneurship and Leadership Development

Entrepreneurship and leadership development go together. Entrepreneurship is a growing phenomenon all over the world. Even the non-profit sector has learned that the principles of entrepreneurship could be applied to solve the problems of the world and of the society in which we live in. This gave rise to the interesting hybrid called social entrepreneurship. Another variant of this is called social business, which was popularized by Nobel Peace Prize Awardee Muhammad Yunus.

Entrepreneurship development is especially important in developing countries. Because of the lack of jobs in these countries, people need alternative ways to make money. Instead of doing something illegal, it would be better to pursue entrepreneurship. This has been shown as a great means of lifting people out of poverty. By gaining access to capital-mind you, it does not have to be big, just enough to get things going-they can start some enterprise, which will then become their main source of income. As they start to life themselves out of poverty, they will come to realize that they have the power to make their lives easier. With that power, they will also realize that they can empower other people to get themselves out of poverty, too.

Entrepreneurs also need leadership development. This is how they can grow their enterprise and engage other people’s help with their project. Leadership development will also enable entrepreneurs to meet other people like them who do have similar interests and who have the same problems that need solving.

Leadership development cannot be done only through training and lecture sessions. Sure, these lectures may help the participants understand the theory and the basic ideas behind the process of leadership development. But without implementation, theory will be useless. What they need, then, is to be in situations where they can actually use the lessons they learned. They can implement these lessons as they go back to their enterprises.

The problem, though, is that they do not know where to get access to leadership development opportunities. It is therefore important for them to look for the programs organized by non-government organizations and by the government, too. Through these programs, they will be able to come up with a list of skills that they will need to become successful in their business endeavors. They can also look for possible opportunities online.

Leadership is a necessary skill for entrepreneurs. It is not to be taken lightly and it should be the top priority of anyone engaged in business.



Source by M Rasing

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