Management for Entrepreneurs

This is getting the work of an organization done through its people and resources:

• Leadership

• Motivation

• Manipulation

• Management

An entrepreneur who earns the respect and cooperation of employees to effectively accomplish the work of the new business is known as a:

• Leader

• Supervisor

• Employee

• Worker

Analyzing information, setting goals, and determining how to achieve them.

• Planning

• Organizing

• Leading

• Controlling

Arranging people, activities, and resources in the best way to accomplish the goals of the organization.

• Planning

• Organizing

• Controlling

• Staffing

Measuring performance, comparing it with goals and making adjustments when necessary.

• Planning

• Organizing

• Leading

• Controlling

Selecting employees and matching individuals with the work to be done.

• Staffing

• Controlling

• Planning

• Organizing

The ability to communicate the direction of the business and influence others to successfully carry out the needed work.

• Planning

• Organizing

• Leading

• Controlling

An entrepreneur who is ethical in decision-making and ethical in their treatment of others has this very important leadership characteristic.

• Good Judgment

• Honesty

• Intelligence

• Objectivity

The entrepreneur John Mackey, founder of Whole Foods Market, focused on building trust with his employees. He said that those around you know who you really are, so as a leader you should be honest and:

• Intelligent

• Strange

• Objective

• Authentic

The ability to work effectively as part of a group:

• Teamwork

• Cooperation