Saturday, March 12, 2011

Entrepreneurship and Leadership Development

Entrepreneurship development is important in developing countries. Because of the dearth of jobs in these countries, people need alternative ways to make money. In lieu 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 must be large,  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 recognize that they have the power to make their lives simpler. With that power, they will also recognize that they can empower other people to get themselves out of poverty, .

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

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 method 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 return to their enterprises.

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 issues that need solving.

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

The issue, though, is that they have no idea 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, . Through these programs, they are going to 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 feasible opportunities online.

No comments:

Post a Comment