Date Added: Sep 2009
Entrepreneurs are the dominant leadership archetype in the early start-up phase of an industry, especially as different players try to establish a viable business model. This was the case in the airline industry in the early years of the 20th century when various entrepreneurs competed for dominance. During this time, success was dependent on securing U.S. airmail contracts as well as on reliable and safe aircraft. Access to government officials, sources of capital, and technical expertise were important components of leadership.