• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Increase Sales
  • Effective Ads
  • Employee Selection
  • Leaderships Quality
  • Business Creativity
  • Small Start-ups

Googlesir

  • Employee Training
  • Marketing and Sales
  • Investment & Earning
  • Managerial Economics
  • Entrepreneurship and Career

Top 7 Tendencies of Entrepreneurial Behaviour (With Examples)

Updated on: March 4, 2020 Leave a Comment

The tendencies of entrepreneurial behaviour are changeable, according to time, place, environment, and situations. In the modern context, these include risk-bearing, the establishment of new undertakings, management, direction, and control and also bringing out innovations, introducing new improvements and making changes in productions etc.

tendencies of entrepreneurial behaviour
tendencies of entrepreneurial behaviour

Page Contents

  • Tendencies of Entrepreneurial Behaviour
    • 1. Imaginative Tendency
    • 2. Tendency to Initiate
    • 3. Tendency to Bear Risks in Limit
    • 4. Capacity to Change or Effect the Environment
    • 5. Tendency of Taking Pleasure of Freedom in Actions and Expressions
    • 6. Tendency to Make Situational Analysis and Tendency for Planning
    • 7. Feelings of Satisfaction by Successful Performance of Work

Tendencies of Entrepreneurial Behaviour

In brief, the types of Tendencies of entrepreneurial behaviour may be visualized as follows:

1. Imaginative Tendency

The entrepreneur has the power of imagination power.

Hence, the idea of establishing an enterprise emerges in his mind, he formulates a plan to operate it and puts it into execution.

Besides, he also has the tendency of being ambitious.

The person who is not of imaginative tendency, who does not have the ambitious tendency to progress and he, who does not march ahead in life towards High goals, may never be successful, no he may help others.

Related: 18 Characteristics of Entrepreneurial Behaviour (Explained).

2. Tendency to Initiate

Along with imaginative tendency, The entrepreneur has also the tendency to initiate.

This tendency is found in the natural form.

So, he alone has to come forward for each task. He believes that work in worship.

Hence, the industrial environment is created only by his initiations.

As an outcome, other persons also get ready for the establishment of industrial Ventures.

3. Tendency to Bear Risks in Limit

The entrepreneur is naturally the person to take risks.

He faces the risks and uncertainties arising in the establishment of a new enterprise and in innovation-related activities, but he has the tendency to bear all the risks in certain limits.

Hence, he gathers courage for doing that work or does such works, which involves risks of certain degrees.

Hence, due to this tendency, he goes on thinking about new ideas, actions, situations, and capacities, etc.

4. Capacity to Change or Effect the Environment

For Success of the entrepreneur in his assignment, it is essential that he should be hardworking. It has been rightly observed that hard work is the key to success.

The entrepreneur believes that he may change the environment or has the capacity to change it.

Hence, those entrepreneurs who are not afraid of hard work always get success in their works.

tendencies of entrepreneurial behaviour
what is entrepreneurial behaviour

On the contrary, if they do not possess the tendency, they may never gather the courage to take the risks and implement innovative activities.

In this regard, Edison has stated that “The role of the Talent in the success of any work is 1%, whereas the role of hard work is 99%.”

This way, the entrepreneur has the capacity to change and affect the environment.

5. Tendency of Taking Pleasure of Freedom in Actions and Expressions

The entrepreneur has the tendency of taking pleasure and in freedom of taking actions and expressing the ideas.

Hence, he does not like to be controlled by others.

He likes to act on the basis of self-motivation, rather than on the suggestions and directions of others.

He does not feel pleasure in copying others and making some changes therein.

With this tendency, he quits the service of others and establishes his own establishment or industries.

Related: 13 Needs and Characteristics of Motivation Research.

6. Tendency to Make Situational Analysis and Tendency for Planning

The entrepreneur is of the view that if someone respects work, the work also respects him.

So, he carries out all activities with hard work, promptness, concentration, and seriousness.

Due to his feelings of respect for work, he develops the tendency to analyze the situation.

Thereafter, he takes actions for planning. It is evident that the entrepreneur becomes successful in the formulation of plans, only when the entrepreneur has the tendency to develop the situational analysis.

7. Feelings of Satisfaction by Successful Performance of Work

The tendency of the entrepreneur that he feels satisfaction on the successful performance of the work, the reason being that he always gives importance to the best performance.

Besides it, he makes efforts to accomplish his works successfully, by formulating various types of plans and utilizing available physical and human resources.

So this entrepreneurial behaviour and qualities necessary.

Thus, now you know the tendencies of entrepreneurial behaviour.

Read More:

  • 12 Essential Steps in Planning Process (Explained)
  • 11 Non-Economic Environments Affecting Business Environment
  • 12 Major Challenges Created by Business Environment (With Examples)
  • 11 Key Difference between Formal and Informal Organization
  • 17 Role and Importance of Small Scale Industries (Economy)
  • 13 Biggest Challenges Business Leaders Face Today (Updated)
  • 6 Ways to Motivate Employees and Increase Productivity (Explain)
  • 19 Factors Influencing Entrepreneurship Development
  • 15 Essential Features of Venture Capital (Explained)

Share Now:

  • Share
  • WhatsApp
  • Tweet

Leave a Comment

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

E-mail Newsletter

More to See

tools and techniques of career development of employees

21 Tools and Activities of Career Development of Employee

how to achieve workers participation in management

17 Primary Methods of Workers Participation in Management (WPM)

What are main reasons of industrial disputes

15 Reasons for the Occurrence of Industrial Conflicts

How to Make a Successful Participative Management

How to Make a Successful Participative Management

challenges of workers' participation in management

10 Basic Limitations of Workers Participation in Management

Footer

FREE Exclusive Notes via Email

Enter your email below to get access to Our All helpful Tips and Articles

Search

DMCA.com Protection Status

Join Us

  • Home
  • Contact Us
  • Privacy Policy
  • About us
  • Sitemap

© 2021Copyright www.Googlesir.com