DOI: 10.5176/2251-2039_IE1252

Authors: Nerisa N. Paladan


Abstract: This research was conducted to respond the issues surrounding the problem of low success rates and poor growth rates of entrepreneurial endeavors that supported the need for this study. This study aims to determine the profile of successful Bicolano entrepreneures in terms of personal and social construct, economic construct, and their leadership style. It examines the dominant leadership style and the significant relation o entreprenuers profile to their leadership style. Significant conclusion from this study are that successful Bicolana entrepreneur displays a measurably higher tendency toward transformational leadership. that transformational leadership is significantly more correlated to the business assets and number of employees at the present time than transactional leadership. To increase probability of success it is recommended to the entreprenuerial practitioners that leadership development be integral to their business planning activities.

Keywords: leadership style, Bicolano entrepreneurs. entrepreneurial success, Bical SME's

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