Abstract

Motivational traits of prospective entrepreneurs is a vigorously researched topic and this chapter examines some of the most commonly suggested traits for entrepreneurs including risk-taking propensity; educational background of the entrepreneur and his/her parents; number of previous jobs and previous job satisfaction; social attitudes; religious, sports and clubs affiliations; age; need for achievement; desire for autonomy and independence; level of aggression; locus of control; perception of opportunities offered by society; self-discipline and perseverance; energy level; self-reliance; desire for success and recognition; tolerance of uncertainty; creativity; support; benevolence; optimism; self-esteem and Machiavellianism. Differences among people with respect to their personal motivations significantly influence their actions during the entrepreneurial process.

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