Personality and business performance: A case of entrepreneurs

Abstract

Studies on the relationship between personality and business performance are not new, locally and internationally. However, some of these studies conducted produced mixed results which is why this study was undertaken. This study is aimed at examining the effect of personality on business performance among entrepreneurs in Seberang Takir, Terengganu. Questionnaires were used for data collection. Since Seberang Takir is only a small district but has been the focus for many development activities, the sample comprised only 114 entrepreneurs. The results revealed that personality can only explain its effect on business performance among entrepreneurs in Seberang Takir by 6.4%. This means that personality is not a major factor that determines one's business performance. Similar to the findings from some of the previous studies, the regression analysis in this study demonstrated that personality has a significant influence on business performance. The results of the study provide insights and further understanding on how personality contributes to the performance of a firm.

The behavioral approaches of entrepreneurial characteristics in Madura

“…This is in accordance with the studies conducted by Ajani & Oluyemi (2016) and Herrera-Echeverri, Haar, & Estévez-Bretón (2014) which stated that the age of entrepreneurship influences behavioral patterns in carrying out business activities. Omar et al, (2017) stated that the ideal age in which an entrepreneur tends to be exceptionally active in business activities is from 30 years. The argument developed in this study showed that a person exhibits freedom and is considered to have sufficient experience to carry out business activities from 30 years.…”

“…Based on the above description, it was concluded that entrepreneurial characteristics are sourced from the dynamic behavior of individuals, increases motivation, capture opportunities, inspire entrepreneurs to exhibit leadership skills in utilizing their resources and determine success (Dacin et al, 2010;Omar et al, 2017). Basically, there is no specific sequence of behavior that relates to entrepreneurial success.…”