Abstract

Leadership in start-ups has its specific features, which are connected to a high uncertainty, moving of current boundaries, outstanding adaptability and perseverance of the founder. The main goal of this research paper was to identify the role of founders in successful start-ups. The purpose of this research is to determine whether there are certain common characteristics of successful entrepreneurs- start-up founders. In our analysis, we used the questionnaire- Belbin Full Individual Report. This questionnaire analyses and compares self-evaluation of an examined individual with 360-degree analysis of four members of his team. As a successful start-up we defined a company which fulfilled all of the following conditions: creates a unique scalable product/service, exists on the market 4 to 6 years and is achieving revenues in the amount of the third quartile (Q3) in its industry. To make the analysis comparable, analysed figures are only men. In our research we analysed nine founders and CEOs of start-ups base on a 360-degree evaluation- self-evaluation and evaluation of four members of the team. To view cumulative results, we have used the function boxplot.

Highlights

  • Establishment and development of start-ups is inevitably associated with leadership, because applied leadership has a decisive impact on the success or failure of a start-up [1]

  • The main goal of this contribution is to examine the role of a leader in start-up teams

  • In the results of the research we show brief characteristic of the examined start-ups and their founders including the resulting table of the representants of team roles of each leader

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Summary

Introduction

Establishment and development of start-ups is inevitably associated with leadership, because applied leadership has a decisive impact on the success or failure of a start-up [1]. For a start-up to work like a team it is necessary to unite in order to achieve a common goal and that is precisely the sense of leadership. Team work and leadership are necessary for the success of any start-up [2]. On the contrary the absence of leadership can have a range of negative impacts for start-up business. Start-up without a leader, who creates and communicates a vision, inspires and coaches and interferes with processes and business activities, when it is necessary, operates on the market aimlessly [1]. There is relatively little empiric research done, that would deal with the topic of leadership in start-ups. The main goal of this contribution is to examine the role of a leader in start-up teams

Theoretical basis of leadership in start-ups
The objectives and Methods
Results and discussion
Conslusion
Full Text
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