Key Factors to Success as an Entrepreneur: a Reflection

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Key Factors to Success as an Entrepreneur: A Reflection I took interest in the questionnaire when I noticed that it might be able to show or tell me something about myself and my potential on being an entrepreneur. Although I am a bit disappointed by the results which I acquired, I am relatively unsurprised. Being an entrepreneur is never part of my preset goals in life, although it has always been a point of interest on my side, due to the perks of success and the growth of a successful businessman. The issue to me is not having a good start, not having the proper footing. Although I have never considered being an entrepreneur or a businessman, I still admire those who actually made it to the successful side of the fence. I admit that do have a certain fear of the uncertainty of the result that an entrepreneur will encounter. The uncertainty aspect of entrepreneurial behavior is all pervasive, whether in the agricultural sector where the farmer bears the risk of fixed costs of production and uncertain prices of output, or for the undertaker or merchant whose activities in distribution and manufacturing cause him to be subjected to similar risks (Tarascio ,1985). I do have the habit taking a big risk if I am aware of my capabilities and when I am confident that the odds are in my favor, but when the risk is too massive and the chances of failure outweighs the chances of success, then I would rather prefer not taking the big gamble. From the results I have noticed that I even didn't make it to the average overall. Although I did acquire a result that is relatively close to how these entrepreneurs work, I never even really made it close to any average mark. I can't help but notice how my motivation rated, although I am relatively certain that I really excel in some of its sub-genres. Under motivation, I particularly excelled in my need for challenge and

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