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It is necessary to be able to shift into a variety of roles in order to be a successful entrepreneur and leader. Here are a couple of leadership styles that will be crucial to have in your toolbox:

Visionary Leader

Being a visionary is at the crux of entrepreneurship, but it is also important to be able to export those visionary qualities into your leadership style. Naturally, you are always thinking about new ways that your business can grow and become better on every front. Having this attitude for yourself and vocalizing your ideas and brainstorms will also rub off on those you are working with and those that are working for you. This will push them to come into a shared vision of your company and ideas with you, and the more vivid of a vision that you all share the more effectively you can work toward your goals.

Being a visionary also applies to problem-solving. Thinking up unique ways to problem solve and expand your business is critical to your success on the front of innovation, as is thinking out of the box when marketing, directing and growing.

Directive Leader

To be a good entrepreneur it is necessary to be in control, take the reigns, and give commands when the situation calls for it. This, of course, must be balanced. If you are being too controlling those working under you will lose respect for you and not enjoy working for you.

A good way to sustain balance this is to make sure you are in charge while also placing your trust in those working with you. Balance is key. Trust those working under you, you hired them for a reason.

Coach

Be a coach in many senses of the word. Learn the strengths and weaknesses of your team members. Try to maximize their strengths while working to strengthen their weaknesses. You need to be intimately in tune with these, as well as what makes all parts of your business function to its highest potential.

On this note, it is also important to step into the role of a coach by pushing those working with you to perform to the best of their capabilities. Set a challenge for them, but not one that is unattainable or impossible. Push them while simultaneously knowing their limits.

Comrade

Being a comrade to those you are working with is critical to building healthy relationships and getting those who are working with you to buy into your ideas and you. Getting to know those you are leading will also help you know when to shift into each leadership role. Show those working under you that you value them, not just as a leader but as a person, and they will be more apt to do their best work for you and your business.