Entrepreneurial self-efficacy is ______.

Question

Quizplus · Accepted Answer

Entrepreneurial self-efficacy is the belief in one's ability to successfully start and run a business. It is an essential part of the entrepreneurial mindset because when we believe that we can succeed in something, we are more likely to put forth the effort and take the risks necessary to achieve our goals. It is closely related to self-confidence, but specifically focuses on the belief in one's ability to be an entrepreneur.

Entrepreneurial Self-Efficacy Is ______