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Entreprenurial Leadership

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Submitted By tmead2006
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Entrepreneurial Leadership
Todd L. Mead
April 16th, 2012

Entrepreneurial Leadership
Entrepreneurs are at the heart of the American private enterprise system. Although the US operates under a modified capitalism economic structure where the US government regulates business to a certain extent through rules, regulations and monetary policies, it lies within our basic liberty and freedom to take a good idea and turn it into a safe and legal service or product that meets the needs and wants of consumers with minimal governmental interference. Without entrepreneurs, or the restriction of entrepreneurial growth, the US would or could become a socialistic or even communistic state where its citizens would rely on the government to provide them with their basic needs, including employment. Without entrepreneurs technology advances would be stagnant. Entrepreneurs take great risks. But it’s the road that leads to the rags-to-riches dream and keeps America on top of the business world. Pioneering capitalists and entrepreneurial leaders didn’t have the advantage of being able to study business geniuses and learn their leadership styles and how they would approach methods leading to business success. They were the geniuses that paved the road for the way we do business today. Thanks to those first pioneers and others that followed through the industrial revolution and beyond, today we have many business giants we can study to get an idea what it takes to be a successful entrepreneur.
In this paper I will analyze and describe two leading entrepreneurs, Victor Kiam and Blake Mycoskie in terms of their leadership styles and how each would apply major business principles concerning a profit-oriented entrepreneurial approach and/or a social-responsibility approach where their primary goals are to make a profit or provide a positive impact on society respectively. I’ll also

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