Leader’s Ability Essay

The level of difficulty a new leader will experience throughout the patterned advance of business growth will depend on the leaders ability. Any per boy can bring forth a victorful leader solely through luck or through hard work. Luck may come in the form of inheritance or support from a family process or a close contact. Ability will be realise through hard work and dedication, which will reward the leader with knowledge and respect. To analyze the two, luck may be a quicker way to success, and, ability through hard work and dedication will surely build a stronger foundation for ability to maintain the earned power thus, allowing the leader to catch a firmer grip on his position and enable him to keep his power for longer. The leadership employees having seen him progress through different stages, growing and running(a) towards his goal of obtaining power will have respect for him, because the average employee can relate to him having seen the leader do the employees w ork in the past.Chapter 6 elaborates on a theme of personal ability. Virt is the Italian word Machiavelli uses to fall upon a successful leader, the meaning of which does not have an English equivalent however, comes closer in meaning to the Latin word virtus,virility in English. Although the exact meaning of virtu has not been specified, it is understood to describe ability, skill, energy, forcefulness, strength, ingenuity, courage, or determination. Virt is the quality which defines a successful leader, and is the quality one must possess in order to succeed in the world of business. Having to evaluate each successful leader of the current cartridge holders, each one of them possesses this quality, taking for example Donald Trump whom inherited his fortune, or Warren Buffett whom grew his account from nothing to billions of dollars.Also, it is stated in this chapter that virt without opportunity is wasted, and opportunity without virt is wasted as well. This suggests that havin g all the qualities of a successful leader will not guarantee that one will become as such without being given the opportunity. Alike with being given numerous opportunities, one will not succeed without having the qualities, or at least having the potence of the qualities required to become a successful leader. All the opportunities without the ability to take advantage of them will be wasted.Business RelevanceThe following argon two examples of acquiring power one is through inheritance, the other through hard work and dedication. Trump was born in New York City in 1946, the son of real estate tycoon Fred Trump. Fred Trumps business success not only provided Donald Trump with a posh youth of private schools and stinting security but eventually blessed him with an inheritance worth an estimated $40 million to $200 million. Donald Trump then went in his fathers footsteps to become the next real estate tycoon before continuing on elsewhere in his career. This is a classic example of inheriting a upraises fortune and using it to obtain power through taking advantage of opportunities made available to Trump through his fathers success in real estate. Born in Omaha in 1930, Buffett worked at a grocery store run by one of his relatives for a good spot of beat. He even sold assorted products as a door to door salesman. He used some of the money that he earned to inventory a bank account. He also used some of his money to buy different items that he could invest in with the intention of earning money.It is estimated that he had earned about five thousand dollars from his work when he graduated from high school. Later, Buffett created Buffett Associates, Ltd. in 1956. He was able to get a few partnerships with some businesses during this time and eventually got to where he had nearly $300,000 in capital around the end of that year. The partnership of Buffett Associates, Ltd. helped make Buffett a millionaire in 1962. Nearly a million dollars of the $7 million that the partnership had came out of his money. This example explains Buffetts success through hard work and dedication. Buffett grew his account from zero to millions over the period of thirty years. He did not inherit a fortune, therefore he had to work from the bottom up. People around the world respect him and seek his expertise on congruous successful. Regular folk can relate to him because they know he used to be one of them, he too used to no money, and a expectant amount of determination to become successful. Right or WrongMachiavelli explains that the level of difficulty a new leader will experience throughout the proficiency of business growth will depend on the leaders ability. This is true for both Donald Trump and Warren Buffett because they both became successful leaders through luck and through hard work respectively. For Donald Trump, success came in the form of inheritance from his father, which was a quick way to gain knowledge and power. However, there are a lot of people who view Trump as an amoral capitalist. This supports Machiavellis theory of quick success and how it brings about disrespect. Donald Trumps case however is not supported by Machiavellis theory of short lasting power. The reason for this is that the theory cannot be always accurate, there are exceptions. Also, at this time and age, having the knowledge and the funds to gain power, will give one the ability to keep their power.For Warren Buffett, his ability was earned through hard work and dedication, which rewarded him with respect. Buffetts dedication to succeed surely built a stronger foundation for ability to maintain the earned power. This has turned Warren Buffet into an investment guru whom people all around the world look up to and respect. His investment strategies are highly successful and are adopted by investors everywhere. Warrens power came from working from the bottom up and demonstrates a well-built foundation for acquirement and maintenance of power and succ ess. This supports Machiavellis theory of long earned and long lasting power directly. In conclusion, Machiavelli was right however, his theory does not apply to every single case and thus, is not a completely reliable way to evaluate or suppose ones position in an industry or the potential of gaining power and becoming successful.