Entrepreneurship and Small Business Management: Key Success Factors
VerifiedAdded on Ā 2023/01/19
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This presentation delves into the essential skills, traits, and characteristics that contribute to entrepreneurial success. It highlights the importance of innovative thinking, self-confidence, and the influence of personality aspects, as reflected in the OCEAN model (Openness, Conscientiousness, Extraversion, Agreeableness, and Neuroticism), on entrepreneurial motivation. The presentation further examines how an individual's background and experience, as exemplified by successful entrepreneurs like Simon Cowell, Alan Sugar, and Peter Jones, can either foster or hinder their entrepreneurial journey. The experiences of these entrepreneurs are discussed in detail to illustrate how their prior experiences shaped their success. The presentation concludes by emphasizing the critical role of these factors in distinguishing successful entrepreneurs and driving business growth. References are provided for further study.
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