• Publisher’s Profile
  • Markets
  • Digital Store
  • Newsstand
  • Contact Us
Sunday, September 17, 2023
24 °c
Accra
25 ° Mon
25 ° Tue
25 ° Wed
25 ° Thu
  • Login
  • Register
My Story Magazine
Advertisement
ADVERTISEMENT
  • Home
  • Entrepreneurship
    • All
    • MSM ENTREPRENEUR OF THE DAY
    Meet Yakubu Abdul Karim – The auto-crypto entrepreneur

    Meet Yakubu Abdul Karim – The auto-crypto entrepreneur

    SPOT ON GHANA’s BIGGEST BLOGGER; the story of AMEYAW DEBRAH

    SPOT ON GHANA’s BIGGEST BLOGGER; the story of AMEYAW DEBRAH

    GET YOUR FREE EXCLUSIVE DIGITAL COPY OF MY STORY MAGAZINE’s 11th Edition

    GET YOUR FREE EXCLUSIVE DIGITAL COPY OF MY STORY MAGAZINE’s 11th Edition

    Discussions on SMEs and Entrepreneurship with the French Ambassador to Ghana – H.E Anne-Sophie Avé

    The story behind Bodyshop Gh. – the ultimate lingerie shop in Ghana

    The story behind Bodyshop Gh. – the ultimate lingerie shop in Ghana

    Trending Tags

    • Conferences & Events
      Ghana’s Ing. Justice Ohene-Akoto appointed Future Energy Leader at the World Energy Council

      WE NEED TO TAKE KEEN INTEREST IN PREDICTING FUTURE GLOBAL HAPPENINGS AND TRENDS- ING. JUSTICE OHENE-AKOTO

      MY STORY MAGAZINE’s 12th Edition is out now! download your exclusive copy now

      MY STORY MAGAZINE’s 12th Edition is out now! download your exclusive copy now

      The Africa Transformation Summit (Afritrans) 2022 ; A Daring African Project Set To Propel Transformation

      The Africa Transformation Summit (Afritrans) 2022 ; A Daring African Project Set To Propel Transformation

      GTIW:MESTI hails organizers of first-ever tech driven Event

      GTIW:MESTI hails organizers of first-ever tech driven Event

      GET YOUR FREE EXCLUSIVE DIGITAL COPY OF MY STORY MAGAZINE’s 10th Edition

      GET YOUR FREE EXCLUSIVE DIGITAL COPY OF MY STORY MAGAZINE’s 10th Edition

      Trending Tags

      • Newsstand
      • Digital Store
      • Contact Us
      No Result
      View All Result
      • Home
      • Entrepreneurship
        • All
        • MSM ENTREPRENEUR OF THE DAY
        Meet Yakubu Abdul Karim – The auto-crypto entrepreneur

        Meet Yakubu Abdul Karim – The auto-crypto entrepreneur

        SPOT ON GHANA’s BIGGEST BLOGGER; the story of AMEYAW DEBRAH

        SPOT ON GHANA’s BIGGEST BLOGGER; the story of AMEYAW DEBRAH

        GET YOUR FREE EXCLUSIVE DIGITAL COPY OF MY STORY MAGAZINE’s 11th Edition

        GET YOUR FREE EXCLUSIVE DIGITAL COPY OF MY STORY MAGAZINE’s 11th Edition

        Discussions on SMEs and Entrepreneurship with the French Ambassador to Ghana – H.E Anne-Sophie Avé

        The story behind Bodyshop Gh. – the ultimate lingerie shop in Ghana

        The story behind Bodyshop Gh. – the ultimate lingerie shop in Ghana

        Trending Tags

        • Conferences & Events
          Ghana’s Ing. Justice Ohene-Akoto appointed Future Energy Leader at the World Energy Council

          WE NEED TO TAKE KEEN INTEREST IN PREDICTING FUTURE GLOBAL HAPPENINGS AND TRENDS- ING. JUSTICE OHENE-AKOTO

          MY STORY MAGAZINE’s 12th Edition is out now! download your exclusive copy now

          MY STORY MAGAZINE’s 12th Edition is out now! download your exclusive copy now

          The Africa Transformation Summit (Afritrans) 2022 ; A Daring African Project Set To Propel Transformation

          The Africa Transformation Summit (Afritrans) 2022 ; A Daring African Project Set To Propel Transformation

          GTIW:MESTI hails organizers of first-ever tech driven Event

          GTIW:MESTI hails organizers of first-ever tech driven Event

          GET YOUR FREE EXCLUSIVE DIGITAL COPY OF MY STORY MAGAZINE’s 10th Edition

          GET YOUR FREE EXCLUSIVE DIGITAL COPY OF MY STORY MAGAZINE’s 10th Edition

          Trending Tags

          • Newsstand
          • Digital Store
          • Contact Us
          No Result
          View All Result
          My Story Magazine
          No Result
          View All Result
          Home Entrepreneurship

          The Psychological Make-Up of An Entrepreneur

          My Story Magazine by My Story Magazine
          February 24, 2018
          in Entrepreneurship
          Reading Time: 2 mins read
          0 0
          0
          The Psychological Make-Up of An Entrepreneur
          0
          SHARES
          152
          VIEWS
          Share on FacebookShare on TwitterShare on WhatsApp

          Studies show that the psychological propensities for male and female entrepreneurs are more similar than different. Empirical studies suggest that male entrepreneurs possess strong negotiating skills and consensus-forming abilities.

          Jesper Sørensen, Professor of Organizational Behavior at Stanford Graduate School of Business, wrote that significant influences on an individual’s decision to become an entrepreneur are workplace peers and the social composition of the workplace. Sørensen discovered a correlation between working with former entrepreneurs and how often these individuals become entrepreneurs themselves, compared to those who did not work with entrepreneurs. The social composition of the workplace can influence entrepreneurism in workplace peers by proving a possibility for success, causing a “He can do it, why can’t I?” attitude. As Sørensen stated, “When you meet others who have gone out on their own, it doesn’t seem that crazy.”

          Innovative entrepreneurs may be more likely to experience what psychologist, Mihaly Csikszentmihalyi calls flow. Flow occurs when the outside world disappears in the face of a vibrant inner motivation to do something. Csikszentmihalyi suggests that breakthrough innovations occur at the hands of individuals experiencing flow. They become so enthralled with the ideas in their heads that they cannot help but follow them. Similarly, other research has concluded that a strong internal motivation is a vital ingredient for breakthrough innovation. Flow may also be compared to Maria Montessori’s concept of normalization, a state which includes a child’s capacity for joyful and lengthy periods of intense concentration. Csikszentmihalyi himself acknowledges that Montessori’s prepared environment offers children opportunities to achieve flow. Thus quality and type of early education may have some influence on entrepreneurial capability.

          Innate Ability vs. Public Perception

          The ability of entrepreneurs to innovate relates to innate traits, including extroversion and a proclivity for risk-taking. According to Joseph Schumpeter, the capabilities of innovating, introducing new technologies, increasing efficiency and productivity, or generating new products or services, are characteristic qualities of entrepreneurs. Also, many scholars maintain that entrepreneurship is a matter of genes, and that it is not everyone who can be an entrepreneur. It has, however, been argued that entrepreneurs are not that distinctive; and that it is essentially poor conceptualizations of “non-entrepreneurs” that maintain laudatory portraits of “entrepreneurs”.

          My Story Magazine

          My Story Magazine

          My Story Magazine is the one-stop platform for up-to-date trends and information on entrepreneurship and also on investment opportunities in Africa.

          Related Posts

          Meet Yakubu Abdul Karim – The auto-crypto entrepreneur
          Business

          Meet Yakubu Abdul Karim – The auto-crypto entrepreneur

          by My Story Magazine
          May 30, 2023
          SPOT ON GHANA’s BIGGEST BLOGGER; the story of AMEYAW DEBRAH
          Entertainment

          SPOT ON GHANA’s BIGGEST BLOGGER; the story of AMEYAW DEBRAH

          by Nana Akwasi Bonsu
          May 23, 2023
          GET YOUR FREE EXCLUSIVE DIGITAL COPY OF MY STORY MAGAZINE’s 11th Edition
          Digital Magazine

          GET YOUR FREE EXCLUSIVE DIGITAL COPY OF MY STORY MAGAZINE’s 11th Edition

          by Nana Akwasi Bonsu
          September 7, 2022

          Browse by Category

          About MSM

          My Story Magazine

          MY STORY MAGAZINE is a platform for all African Entrepreneurs. One of our goals is to create opportunities for readers to go beyond the confines of the page and engage their ideas through the inspiration and motivation that will inextricably be embedded in our content.

          Trending on MSM

          • Meet Yakubu Abdul Karim – The auto-crypto entrepreneur
          • SPOT ON GHANA’s BIGGEST BLOGGER; the story of AMEYAW DEBRAH
          • WE NEED TO TAKE KEEN INTEREST IN PREDICTING FUTURE GLOBAL HAPPENINGS AND TRENDS- ING. JUSTICE OHENE-AKOTO
          • OUT NOW!!! 13th Edition of My Story Magazine Launched
          • MY STORY MAGAZINE’s 12th Edition is out now! download your exclusive copy now
          • GET YOUR FREE EXCLUSIVE DIGITAL COPY OF MY STORY MAGAZINE’s 11th Edition

          Our Digital Store

          • MSM Issue No. 11 - The Beauty in Diversity ₵0
          • MSM Issue No. 10 - The Game Changers ₵0
          • MSM Issue No. 9 - Disruptive Edition ₵0
          • My Story Magazine - 8th Edition MSM Issue No. 8 - The Investor's Edition ₵0

          Wall of Honour

          © 2022 My Story Magazine // All Rights Reserved // Crafted by GET Systems.

          No Result
          View All Result
          • Home
          • Conferences & Events
          • Entrepreneurship
          • Newsstand
          • Digital Store
          • My Account
          • Contact Us

          © 2022 My Story Magazine // All Rights Reserved // Crafted by GET Systems.

          Welcome Back!

          Login to your account below

          Forgotten Password? Sign Up

          Create New Account!

          Fill the forms bellow to register

          All fields are required. Log In

          Retrieve your password

          Please enter your username or email address to reset your password.

          Log In
          Are you sure want to unlock this post?
          Unlock left : 0
          Are you sure want to cancel subscription?
          ×