That overconfidence can be a fatal business flaw. The entrepreneurs who get ahead are those with good people skills. People skills are much more important than most of us realize. But as the business grows, difficulties arise. By the time the tenth employee is hired, the business may be heading for trouble, precisely because many entrepreneurs lack the basic people skills good managers need.
Few entrepreneurs get where they are by virtue of smooth interpersonal skills.
Many go into business because of strong technical abilities, others because of sales talents, and still others because they cannot tolerate working for others. You'll look long and hard before finding an entrepreneur who started a business because he or she gets along so well with people. Worse, many of the same personality traits that help entrepreneurs launch a business work against them as managers. But be humble about that, and don't always judge your people against your personal standards. You may think you're too busy keeping the business afloat to ponder these points.