The entrepreneur leads the firm or organization and also demonstrates leadership
qualities by selecting managerial staff. Management skill and strong team building
abilities are essential leadership attributes for successful entrepreneurs. Leadership,
management ability, and team-building are essential qualities of an entrepreneur.
Entrepreneurs emerge from the population on demand, and become leaders because they
perceive opportunities available and are well-positioned to take advantage of them.
An entrepreneur may perceive that they are among the few to recognize or be able
to solve a problem.