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Qualities that you should Posses as a good Leader:

Dynamic personality-You should have sound temperament, optimistic outlook, conversational ability and decent behavior.

Intellectual capacity-You should posses the ability to think, analyze and interpret clearly different business problems.

Initiative-You should be able to come up with new ideas and method of doing things.

Foresight-For you to be a leader you should be imaginative and able to visualize potential trends and develop policies and programmer with your foresight based on logical reasoning.

Emotional stability-To be a good leader you should be able to control your moods. Overcome your moodiness, inconsistency and disappointment.

Flexibility-You should know that your decisions are not always correct or final. You should be able to accommodate your follower’s point of views and alter the decisions you had earlier on made if necessary.

Responsibility-Be able to bear the burdens of all your decisions without whining or shifting them to another person. You should be responsible whether your decisions were smart or dumb.

Character-You should be of good character with no past bad record. Your actions and attitudes should be morally justifiable.

Technical knowledge-You should be conversant with the technical aspects of activities undertaken in your business organization.

Organizing ability-You possess the quality of organization. You should have the ability of bringing together men, machines, materials, money and all organization required resources in the best possible manner so as to realize profits and not losses.

Ability to deal with people-As you will be directing a group of people, there will be many issues rising between you and them or between themselves.  So, you should have the ability on how to deal with these problems. You should have Insight into psychological problems of human relationships such as aptitudes, emotions, abilities, interest etc.

Ability to judge and decide promptly-For you to become a good leader, you should be able to understand matters quickly. Weigh their relative worthiness of alternative courses of actions and arrive at the best decisions which will greatly help the organization to prosper.