As stated earlier, values, norms and beliefs guide the society towards acceptable behaviour which leads to formation of good habits which may promote entrepreneurial development. The habits include:


A person who is independent finds it      difficult to work for others. Such a person also has the ability to create and innovate, therefore promoting entrepreneurial development.

Time consciousness

Entrepreneurs value and effectively manage time and are able to achieve set goals.

Direct/personal involvement

An entrepreneur is a hands-on person and believes in participatory approach.

Risk taking

An entrepreneur continually takes moderate or calculated risks.  This enhances growth of the enterprise.

Willingness to fail or make mistakes

An entrepreneur does not fear failure but learns from it.

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  • Family history
  • Decision

Follows dreams with decision

  • Relationship with others

Transactions and deal making. Build strong relationships with people around them


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