There is no "true entrepreneurial profile"- entrepreneurs come from many educational backgrounds, family situations, and work experiences. A potential entrepreneur may presently be a nurse, secretary, assembly line worker, sales person, mechanic, home maker, manager or engineer. A potential entrepreneur can be male or female and of any race or nationality.
One concern people have when forming is whether they will be able to sustain the drive and
energy required to form something new and to manage the new enterprise and make it grow.
While research results are inconsistent, internal control seems to be a characteristic of
entrepreneurs.
Internal beliefs appear to differentiate entrepreneurs from the general public, but not from
managers. Managers and entrepreneurs both have an internality tendency.
These dimensions are explained below:
Internal Strategic Position
After the selection of variables the rating is assigned to each. After the addition of these variables taking the average. For example financial strength is explain below
Read more: MGT603 - Strategic Management - Lecture Handout 26