Can a person with no commerce and management background become successful entrepreneurs?
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As potential entrepreneurs do not necessarily come exclusively from a business family background, the supply of effective entrepreneurship can be augmented, if more young individuals with the relevant skills endowment can start opportunity firms and necessity ventures. | |
We show that entrepreneurs with a track record of success are much more likely to succeed than first-time entrepreneurs and those who have previously failed. | |
However, if entrepreneurs have required opportunity confidence, then medium and high-level innovation can increase the likelihood of acting on the opportunity for novice and experienced entrepreneurs, respectively. | |
Hence, a country in strong entrepreneurs with entrepreneurial attitudes can be more successful in their business. | |
A large multi-country sample confirms this negative interaction, and suggests a novel typology of nascent entrepreneurs as natural entrepreneurs, accidental entrepreneurs, and inevitable entrepreneurs. | |
17 Aug 2012 | The results of the study raise important questions about the identification and targeting of potentially successful entrepreneurs and the appropriate mechanism for aiding them in realizing their dreams to become successful business owners capable of creating new jobs and fueling economic growth. |
202 Citations | The findings reveal that entrepreneurial processes were important in the successful entrepreneurs' emergence from an extremely unpromising and constrained environment. |
The study points strongly to the fact that today’s students have both willingness and intention to become entrepreneurs. | |
The effect on the rate of successful post-MBA entrepreneurs, instead, is insignificantly positive. | |
01 Mar 2008 | The background factors like strong education and training facilities, desire to achieve, accept responsibility, hard works, and risk orientation of the entrepreneur have a bearing on the success of entrepreneurs. |
82 Citations | Findings – The findings showed that the majority of the respondents are consistent in terms of their intent to become entrepreneurs. |
24 May 2017 | Confirmatory factor analysis results showed that entrepreneurs require financial management, human resource management, start-up, social and interpersonal, leadership, personality, marketing, technical and business management skills. |
their strengths and weaknesses).Practical implicationsThe findings of this study may help entrepreneurs to figure out how to be successful running their own businesses, if they are not graced with a personality pattern that is not favorable to entrepreneurship. | |
204 Citations | The results indicated that successful entrepreneurs undertake marketing in unconventional ways. |
The research suggests that trained entrepreneurs have more management skills to run the enterprise than entrepreneurs without entrepreneurship training. | |
Despite this challenging context, this paper finds that entrepreneurs make on average 20% more than non-entrepreneurs, while being similar in age, marital status, educational attainment, and socio-economic background. | |
A sample of 30 successful entrepreneurs for this paper is drawn judgmentally from the broader study. Findings – The results indicate that entrepreneurs surveyed use marketing to a large extent although some apply it unknowingly. |
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