The Role of Entrepreneurial Leadership on Entrepreneurial Success: The Place of Leadership and Entrepreneurial Skills

Abstract

This research paper investigated the nature of correlation between Entrepreneurial Leadership (EL) and Entrepreneurial Success (ES) with the aim of ascertaining their impacts in the organizations. It’s often said that everything rises and falls on leadership; this statement was confirmed from the findings of this study. The researcher adopted a qualitative research for the exploratory and systematic review of literature. This research used data from secondary sources. This study found a positive and significant relationship between Entrepreneurial Leadership (EL), and Entrepreneurial Success (ES). First, this study found that EL had a favorable impact on ES, indicating that the results are consistent with the findings of some scholars which also found that EL had a positive correlation with organizational performance. This demonstrates that a proactive, risk-taking, creative thinking, effective use of appropriate leadership abilities, and a greater inclination toward emotional intelligence and stability are characteristics of a leadership style. Furthermore, in a competitive setting, leaders can attain Entrepreneurial Success (ES) by applying their entrepreneurial abilities. In order to assist people in achieving their intended level of entrepreneurial success (ES), the study recommends that mentors or trainers should emphasize the significance of having strong leadership skills or qualities as well as precise entrepreneurial skills before venturing into any business.