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Self-leadership: The essential drive for entrepreneurs

Author

Listed:
  • Marco Furtner
  • Simon Liegl
  • Kilian Klösel

Abstract

To successfully start and build a business, entrepreneurs need both self-leadership and leadership skills. Self-leadership, a self-influencing process, enables entrepreneurs to set goals, create visions, organize, motivate, and inspire themselves. It forms a critical foundation for effective leadership, including transformational leadership, which is vital for convincing stakeholders, such as investors and employees, to support and execute a business idea. This study highlights the mediating role of self-leadership between key entrepreneurial personality traits (for example, extraversion, openness, conscientiousness, self-efficacy) and outcomes like innovation and work performance. By enhancing self-leadership, entrepreneurs can boost resilience, reduce stress, and improve performance, ultimately fostering innovation and success. For policy makers and practitioners, focusing on developing self-leadership skills could enhance entrepreneurial outcomes, reduce business failure rates, and drive sustainable growth.

Suggested Citation

  • Marco Furtner & Simon Liegl & Kilian Klösel, 2025. "Self-leadership: The essential drive for entrepreneurs," Journal of the International Council for Small Business, Taylor & Francis Journals, vol. 6(2), pages 200-205, April.
    • Handle: RePEc:taf:ucsbxx:v:6:y:2025:i:2:p:200-205
    DOI: 10.1080/26437015.2024.2402412
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