What it takes to succeed as an entrepreneur: the self-assessment

Abstract

This study explored the importance of passion, self-discipline, confidence and strong backbone of entrepreneurs in Qatar to be successful. In addition, the study explored the main drivers and obstacles that entrepreneur faced in Qatar. The survey instrument was administered in both online and hard copy formats depending on the preferences of the respondents. Several different methods were used to analyse the primary data collected for this study, including the Cronbach's alpha and factor analysis to test for the reliability of the variables. In addition, a one-way ANOVA and an independent samples test (i.e., Levene's Test for Equality of Variances) were used to analyse the variables in the various domains that were operationalised in the survey instrument which were the focus of this study. A close look at the scale of self-assessment of entrepreneurs reveals a positive overall average of 6.75, implying that factors of self-assessment have a positive influence on a successful entrepreneur.