Abstract
The article presents the results of a study on the relationship between leadership abilities and components of entrepreneurial activity. The components of entrepreneurial activity are represented by 3 scales – financial independence, managerial skills, and social aspect. Spearman’s rank correlation coefficient was used to analyze the relationship. The results show a correlation between leadership abilities and financial and managerial scales. A positive correlation was found between leadership abilities, financial well-being, financial independence, planning and forecasting in management. A negative correlation was found between leadership abilities and the use of a systematic approach. It has been established that the desire to increase financial well-being is associated with leadership abilities. The more an entrepreneur shows leadership abilities, the higher the opportunity to achieve financial well-being and financial independence. As it turns out, developing leadership skills in managers and executives is essential to run a successful business. The relationship between leadership abilities and the social aspect was not identified