Individual or Shared Entrepreneurship: the Influence of Personal Leadership Style

Susan M. James, Augsburg College

Abstract

A key issue faced by new entrepreneurs is selection of a business structure. Overwhelmingly, one of two options is chosen: sole proprietorship or shared partnership. Personal leadership style, encompassing personal values, an individual definition of success, and possession of entrepreneurial traits, impacts the ultimate decision. Through a woman's perspective, selection of a business structure through definition of personal leadership style is examined in this paper.