Rick has met with the Small Business Administration, which analyzed his entrepreneurial skills and provided him with a summary of the results. Out of these findings of the SBA, what might challenge Rick in his quest to become a successful entrepreneur?

Question

Quizplus · Accepted Answer

Successful entrepreneurs share a number of important traits. They are willing to take risks, and they have generalized self-efficacy, a need to achieve, and a need for autonomy. They tend to be extroverted, conscientious, emotionally stable, and open to new experiences. They can tolerate ambiguity; they are proactive; they have an internal locus of control; and they are both innovative and creative. Rick has an external locus of control, which means that he believes that external forces control his destiny. An external locus of control is not conducive to successful entrepreneurship.

Rick Has Met with the Small Business Administration, Which Analyzed