Leadership Concept Paper

[Type the company name] | Machiavelli Ch 6 | TDMT 2310 | | [Type the author name] | 11/21/2012 |

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Basic Concept
The level of difficulty a new leader will experience throughout the progression of business growth will depend on the leader’s ability. Any person can become a successful leader either through luck or through hard work. Luck may come in the form of inheritance or support from a family member or a close contact. Ability will be earned through hard work and dedication, which will reward the leader with knowledge and respect. To compare the two, luck may be a quicker way to success, however, ability through hard work and dedication will surely build a stronger foundation for ability to maintain the earned power;
“Virtù” is the Italian word Machiavelli uses to describe 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. Virtù 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 any successful leader of the current times, 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 virtù without opportunity is wasted, and opportunity without virtù is wasted as well. This suggests that having 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 potential of the qualities required to become a successful leader. All the opportunities without the ability to take advantage of them will be
Fred Trump’s business success not only provided Donald Trump with a posh youth of private schools and economic security but eventually blessed him with an inheritance worth an estimated $40 million to $200 million. Donald Trump then went in his father’s footsteps to become the next real estate tycoon before continuing on elsewhere in his career. This is a classic example of inheriting a parent’s fortune and using it to obtain power through taking advantage of opportunities made available to Trump through his father’s success in real