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Unformatted text preview: larger firms Personality Traits of Entrepreneurs Internal locus of control : Belief that your future is in your control; external forces have little influence High energy level : high levels of passion Need to Achieve : motivated to excel and pick situations in which success is likely; sets own goals, goals are difficult Self-Confidence : confident about ability to master business tasks Awareness of passing time : feels a sense of urgency; wants things moving immediately; seize the moment Tolerance for ambiguity : untroubled by disorder and uncertainty Launching an entrepreneurial start-up Start with an idea 41%joined family business 36% wanted to control their own futures 27% wanted to be their own bosses...
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- Spring '10