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Entrepreneurs Personality for Being Successful in Business

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Entrepreneurs Personality for Being Successful in Business
Entrepreneurs Personality for Being Successful in Business

Miss. Sarita Ghanshyam Tiwari,

(M.Com. M. Phil.) e-mail: tiwari_sarita@rediffmail.com

Abstract Business success may causes due to many factors, but the greatest determinant of the business success is the entrepreneur himself / herself. Therefore, the question of what makes a successful entrepreneur is very important. There have been many answers to this question. Some people think entrepreneurs are born, others that they are made. Some see entrepreneurs as passionate leaders with a vision that is totally focused on one objective, while others describe them as compulsive controller. Some says entrepreneurs are risk takers while others say they are risk averse. All of these words may describe some entrepreneurs but they do not describe all successful entrepreneurs. There is no doubt that entrepreneur’s diploma’s, business knowledge and skills play an important role in business growth and success, but the personality of the entrepreneur is even more important. Recent researches in the field of psychology suggest that personality has a great deal to do with being a successful entrepreneur.

This paper highlights the personality traits and essential factors of personality determinant of a successful entrepreneur and how does an entrepreneur’s personality can influence a business. The paper also reviews some notable Indian entrepreneur’s and their entrepreneurial work for justification of the topic.

Introduction: Why certain people successfully starting and growing a business and others are not? Is it just luck or being in the right place at the right time? Someone can say it is just luck while others can say it is timing. But it also involves other factors too. Recent research in the field of psychology suggests that personality has a great deal to do with being a successful entrepreneur. This may raise many questions in one’s mind such as what is meant by personality?



Bibliography: Edited & published by Ronda Levine (24,269 pts ) on Dec 23, 2009 http://www.brighthub.com/office/entrepreneurs/articles/60059.aspx Edited & published by JScheid (23,995 pts ) on Dec 26, 2009 http://www.brighthub.com/office/entrepreneurs/articles/60187.aspx Edited & published by Ronda Levine (24,269 pts ) on Dec 23, 2009 http://www.brighthub.com/office/entrepreneurs/articles/60057.aspx

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