Lakhasly

As the 1990’s gave way to the next millennium, the current social, economic, and political environments were constantly being affected by the actions of entrepreneurs and entrepreneurial ventures. The current literature in entrepreneurship devotes considerable discussion to the role entrepreneurs play within their businesses and as opinion leaders in their markets and the general economy. Often described as
innovators, paradigm pioneers, and visionaries, entrepreneurs are confronted with the issue of developing leadership qualities in order to grow their businesses and to transform them to a level of professionalism. Since the 1980’s, an increased level of entrepreneurial activity has spawned, not only because of the electronic age but due to a plethora of new materials, products, financial networks, joint venture possibilities, and paradigmatic changes in politics, economics, and societies. It appears a whole new remodeling of the ways in which business, communication, and government are conducted has emerged. Thus, it is imperative for anyone involved in entrepreneurial ventures, especially the entrepreneur, to fully comprehend the impor-tance of sound leadership practices. This article attempts to reveal those characteristics common to both successful leaders and entrepreneurs who operate in dynamic, changing environments. It also attempts to show the characteristics
entrepreneurs use to cope with their need to excel and explore new vistas. In essence, it seeks to demonstrate a new style of evolving leadership, entrepreneurial leadership, which offers a break from the past and movement into the future.

As the 1990’s gave way to the next millennium, the current social, economic, and political environments were constantly being affected by the actions of entrepreneurs and entrepreneurial ventures. The current literature in entrepreneurship devotes considerable discussion to the role entrepreneurs play within their businesses and as opinion leaders in their markets and the general economy. Often described as
innovators, paradigm pioneers, and visionaries, entrepreneurs are confronted with the issue of developing leadership qualities in order to grow their businesses and to transform them to a level of professionalism. Since the 1980’s, an increased level of entrepreneurial activity has spawned, not only because of the electronic age but due to a plethora of new materials, products, financial networks, joint venture possibilities, and paradigmatic changes in politics, economics, and societies. It appears a whole new remodeling of the ways in which business, communication, and government are conducted has emerged. Thus, it is imperative for anyone involved in entrepreneurial ventures, especially the entrepreneur, to fully comprehend the impor-tance of sound leadership practices. This article attempts to reveal those characteristics common to both successful leaders and entrepreneurs who operate in dynamic, changing environments. It also attempts to show the characteristics
entrepreneurs use to cope with their need to excel and explore new vistas. In essence, it seeks to demonstrate a new style of evolving leadership, entrepreneurial leadership, which offers a break from the past and movement into the future.