Research has found that entrepreneurs are more likely to succeed if they have:

Question

Quizplus · Accepted Answer

Research has consistently shown that individuals with a high need for achievement are more likely to become successful entrepreneurs. This need for achievement drives them to set and achieve goals, take calculated risks, and persist in the face of obstacles. Having a low need for socialised power and a high need for personalised power may be beneficial in certain situations, but they are not strong predictors of entrepreneurial success. A high need for affiliation may actually work against an entrepreneur, as it may make them more likely to prioritize social connections over business goals.

Research Has Found That Entrepreneurs Are More Likely to Succeed