The Difficulties in Developing from an Entrepreneur to a Leader.

At some point the entrepreneur has to pass power and authority to managers because the scale of the companies operations has made it impossible to manage it alone.

The entrepreneur needs to become a leader.

Possible problems:

1. The need for shared ownership.

Entrepreneurs are likely to begin as sole traders. 

As businesses grow they will require more capital.

This means the entrepreneur will probably have to invite new owners to contribute this money.

2. Greater responsibility to others.

As a business grows the 'leader' has greater responsibility to staff, shareholders and other stakeholders.

3. The need to motivate and inspire.

4. The need to develop strategy and vision.

5. Loss of control.

A business may grow to be very large, very quickly and the leader fails to grasp important aspects of company operations.

'Six strikes and you are out'.

Zero hour contracts.

End of day searches which could take 20 minutes.