The Relationship between Key Entrepreneurial Traits and Venture Uncertainty and Success

Abstract

The owner-human manager's capital is crucial to the success of small businesses. Entrepreneurial success is influenced by a number of things. Many authors and researchers believe that an entrepreneur's success is substantially determined by his or her personality traits, but they disagree on the relative value of particular traits. With entrepreneurship's growing social value and the number of entrepreneurial endeavours on the rise, it's only natural to wonder what distinguishes successful entrepreneurs from the others. Entrepreneurial success has been viewed as a multifaceted construct comprised of micro and macro aspects. Personality differences between entrepreneurs, nonfounder CEOs/leaders, and inventor workers have gotten little study, particularly in collaborative environments. While entrepreneurship is one of the most researched issues in business, results on the characteristics of entrepreneurs have been mixed. From a macro cross-cultural and cultural perspective to a meso occupational perspective to a micro individual behavioural standpoint, the current study looked at entrepreneurs' personal attributes.