In hopes of inspiring and assisting the entrepreneurial endeavors of his students, a Binghamton University professor put pen to paper to share his own experiences in creating new businesses.
School of Management (SOM) professor Angelo Mastrangelo said he has been teaching entrepreneurial leadership skills for 13 years, and decided to write a book three years ago based on his knowledge. The book, “Entrepreneurial Leadership: A Practical Guide to Generating New Business,” was released on Nov. 30, 2015.
“It was a love-hate effort,” Mastrangelo said. “At times it would be frustrating, but in the end I became absorbed with it and loved what I was doing and am glad that I did it.”
Mastrangelo’s book highlights the importance of entrepreneurial leaders in growing the economy. Entrepreneurial leadership is about generating new business, and the book is broken into three parts: the creative and entrepreneurial process, leadership and relationships.
“Entrepreneurial leaders are selfless problem-solvers that create products, services and organizations,” Mastrangelo said. “Entrepreneurial leadership is not restricted to size, ownership, profit or government. The amazing thing is not everyone can be entrepreneurs but just about everyone can be an entrepreneurial leader.”
Mastrangelo based his book off of his own entrepreneurial endeavors. He founded soft drink company Adirondack Beverages and Manhattan Bagel Shoppes in Scotia, New York. He has also owned apartment complexes in Endwell, Johnson City, Schenectady and New York City.
According to Shelley Dionne, an SOM associate professor, his book is important for students because of its “Enduring Leadership” model. The model has five steps that stress recognizing an opportunity, creating a unique solution to a commercial problem, making sure that solution is both sustainable and profitable and being a leader throughout the operation.
“Mastrangelo’s Enduring Leadership Model highlights that while successful leadership involves hard work, it can be accessible to those willing to commit to the principles of a personalized leadership style,” Dionne wrote in an email. “[The book] serves as a tutorial for developing leadership skills that are necessary within both entrepreneurial organizations and even more traditional organizations.”
According to Arel Moodie, a 2005 BU alumna who majored in philosophy, politics and law, Mastrangelo’s book bridges the gap between entrepreneurship and leadership.
“I think his book is blending two worlds that have been separated for too long and were in desperate need of a bridge,” Moodie wrote in an email. “His opportunity model is tried and true and works for the creation of new ventures as well as lends a hand in developing effective leaders.”
In addition, he said, Mastrangelo is a personable professor who cares greatly about his students.
“He pours into his students so much that they have no choice but to overflow with passion and excitement,” Moodie wrote. “He makes you feel 10 feet tall and like you can achieve anything. Being around him is like drinking an entrepreneurial red bull mixed with a professorial 5-hour energy shot.”
According to SOM professor Francis Yammarino, the book gives a unique perspective of entrepreneurship that cannot be found in similar books.
“There are a lot of books about entrepreneurship, and there are a lot of books about leadership,” Yammarino wrote in an email. “But there is only one book about entrepreneurial leadership. Angelo gives readers a nice model-framework and lot of practical advice delivered through some great stories to help them be successful and effective entrepreneurial leaders.”