Wednesday, October 26, 2011

Business Leadership: Do You Have What It Takes?

What is the key the great business leadership? It may be different for every individual. But certainly leadership is an important ingredient in entrepreneurial success. In this roundup, we look at some ideas about leadership, some case studies and some things entrepreneurs need to know to run their businesses. Do you have what it takes for great business leadership.

Leadership Qualities

Being a great leader: Do you have what it takes? Being an entrepreneur often means being a great leader, at least on some level. And while leadership qualities have always been somewhat elusive, here?s a look at what researchers say may truly create the ?managerial mystique.? Inc.com

A few more thoughts on leadership. Some people would argue that leadership and management aren?t the same and that understanding the difference between the two, their strengths and the way they approach problems and the world, is crucial in business and beyond.?Seth Godin?s Blog

Branding & Customer Relations

The key to understanding brand. For entrepreneurs starting a new business or even understanding what they can bring to a business, understanding brand is hugely important. Clearly brand includes more than simply a logo and a company name. What brand are you building for your product or service?or for yourself or your company. Youngentrepreneur

The real key to business success. The real key to business success isn?t creating the perfect product, developing the perfect brand, developing the perfect marketing plan or inventing the perfect system of distribution. The real key to business success is simple: knowing your customer?s needs. Seth Godin?s Blog

Strategy

Going global from home. The Internet has made going global a possibilities for even the smallest businesses given the right product or service. But going global with a home-based Internet business does require considering a few important steps. Youngentrepreneur

Don?t forget your customers. You may know where your company is headed, but don?t forget about the needs of the customers who have gotten you there. This case study on the missteps of large company that misread its customers can be a warning to all entrepreneurs of the dangers in forgetting this rule. Yahoo! Finance

Tips & Trends

Wholesaler?s success strategy takes the cake. Check out this interview with David Overton, who transformed his parents? struggling wholesale cheesecake business into a brand worth millions with limited marketing and an unusual success strategy. WSJ

Exporting entrepreneurship. In a highly competitive global economy where great entrepreneurship is one of the keys to economic recovery and prosperity, the U.S., with its current immigration law, may be exporting its entrepreneurial talent at a time it can least afford to do so. Inc.com

Financing

Looking for funding alternatives. There are financing options for businesses beyond VC investment or bank loans. The key is to find the financing option that is right for you. Here is a look at one of those options in detail. Be sure to consider all the options when considering raising money. AVC

Source: http://smallbiztrends.com/2011/10/business-leadership-do-you-have-what-it-takes.html

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