1. Describe the leadership traits that an entrepreneur needs in order to achieve success in a new business ventures. List at least five personality characteristics and explain why each is important to a new business owner.

2. Explain why entrepreneurs need to develop leadership skills. List at least three reasons and explain why they are important to a new business owner.

3. Do you believe that all entrepreneurs are leaders? Do you believe that entrepreneurs are born as leaders or do they acquire those skills?

4. Discuss how potential entrepreneurs who lack leadership skills can gain those skills to assure they become effective leaders. Explain your answer.

5. Compare your skills to the characteristics of a leader in your community. What changes, if any, do you need to implement to assure you are an effective and efficient leader?