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Then there are the personal qualities needed to make it all happen.
Take advantage of short courses. Eling says the internet is rich with resources for people wanting to sharpen their leadership skills. He recently accessed a 20 hour course on entrepreneurship, which is a series of lectures by Silicon Valley luminaries, for $100.
Eling found formal education a worthwhile way to develop abilities Michael Kors Handbag Macys such as goal setting and articulating the organisation's vision, values and culture.
Suzi Dafnis, community director and chief executive of the Australian Businesswomen's Network, says being the boss doesn't automatically make someone a great leader. A standout leader can set goals and direction for their team; make decisions; communicate effectively; and delegate and facilitate work for others.
"Like a lot of business owners I didn't really have a full grasp of the horror of running a small business and I guess after a couple of years I realised how difficult it was."
Both Zamykal and Eling rate the benefits of Michael Kors Drawstring Handbags
It can be a tough gig to master. So how can you get some help with honing your leadership abilities?
Professor Mark Gabbott, dean of the faculty of business and economics at Macquarie University, says its new Bachelor of Business Leadership and Commerce, starting in 2014, is designed to equip future business leaders with more than just technical skills.
For anyone aspiring to leadership greatness here are seven ideas for boosting your abilities.
Books, magazines, podcasts, conferences, the internet all offer a wealth of ideas, experiences and thoughts on leadership. Zamykal loves EO's Octane magazine, which is written by business owners.
joining member run organisations for business owners. Zamykal is on the Brisbane board of the Entrepreneurs Organisation, which has 8000 members in 40 countries.
To join, your business must be grossing at least $US1 million ($A1.1 million) annually.
1)Devote time to study
Getting closer to leadership greatness
Running a small business can really put your leadership ability to the test.
Eling belongs to HTG Peer Group, which brings together 10 to 12 IT company leaders Michael Kors Brown Wallet
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But about two years after starting his IT support business, Extreme Networks, in 1999, he was feeling stretched.
on a quarterly basis to share financials and hold each other accountable to their goals.
"They also need to have a whole lot of help and development around communication, negotiation, making decisions, dealing with diverse workplaces, innovation."Finding a business mentor can help shorten lengthy learning curves. Two years ago Aaron Zamykal started Slim Nation, an Australian based meal replacement business, initially targeting obesity in China, and now preparing for retail launch in Australia. He is also a director of a successful funds management firm.
4)Set a training regime
For James Eling the answer lay in joining the Army Reserve. He now runs three businesses, employs 17 staff and has featured in the BRW Fast 100.
5)Read, listen, act
"Army also teaches you to communicate very, very clearly. A good set of orders is generally all encompassing; they touch on all of the contingencies."
Regular travel for the army also means he has developed a company that thrives even when he's not around.
"I love it because it allows me to cut down the mistakes by accessing people's experiences," he says.
The Slim Nation chief executive advises small business owners to get a mentor. "Find someone who [you] think is a great leader and get out of [your] business and catch up with them."
advice of his accountant, he enrolled in an MBA at Mt Eliza Business, a course that included studying leadership in the military. His next decision to join the Army Reserve as an officer cadet was like entering a portal designed to build leadership skills.
"The training was invaluable," he says. "It teaches resourcefulness, resilience and the importance of looking after your team.
3)Bounce off your peers
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