An Effective Leadership Style to become a Successful Entrepreneur

Resumen

Leadership in the circle of related business ventures is very crucial and beneficial in
recognizing and enforcing the additional dimensions of management that the family business
needs. The entrepreneur believes that the business cannot remain competitive without an
effective leadership style. To be successful in the business, the entrepreneur must have strong
personal business characteristics. The Management Systems International (MSI) / McBer
team has acquired ten key characteristics of personal business (PEC) that differentiates
successful marketers from unsuccessful entrepreneurs. The main objective of this observation
is to study the characteristics of personal business (PEC) of the leader of small family
agencies in the district of Agra, India. The purpose of this research is to depict an explanation
of the characteristics of personal business from the leader in small family businesses. Three
factors were analyzed: the success skills, planning skills and power skills of 375 small
entrepreneurs in Agra district, India, and the average value of individual variables was also
ranked in order of importance. Principal component factor analysis is used to analyze data
with Varimax rotation in the SPSS package