Why does a business owner need to have the ability to compromise?

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I have always said that the ability to compromise is a basic attribute that every business owner or leader must have.

In what aspects does a business owner need to compromise? Why is it necessary for a business person to have the ability to compromise?
 
When it comes to business, you are going to face a lot of persons with different characters, behaviors and the likes, to be able to cope with a lot of them, you need to let go of certain things just to scale through.
 
Being able to compromise would make the business and it's owner able to accommodate other viewpoints.
 
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