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An investigation into the psychological characteristics that South African entrepreneurs attribute to the success of their businesses

Thesis (MCom)--Stellenbosch University, 2020.

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Main Author: Pirie, Natasha
Other Authors: Bailey, Lisa T.
Format: Thesis
Language:en_ZA
Published: Stellenbosch : Stellenbosch University 2020
Subjects:
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access_status_str Open Access
author Pirie, Natasha
author2 Bailey, Lisa T.
author_browse Bailey, Lisa T.
Pirie, Natasha
author_facet Bailey, Lisa T.
Pirie, Natasha
author_sort Pirie, Natasha
collection Thesis
dc_rights_str_mv Stellenbosch University
description Thesis (MCom)--Stellenbosch University, 2020.
format Thesis
id oai:scholar.sun.ac.za:10019.1/109260
institution Stellenbosch University (South Africa)
language en_ZA
last_indexed 2026-06-10T12:41:58.332Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from SUNScholar — Stellenbosch University Repository
publishDate 2020
publishDateRange 2020
publishDateSort 2020
publisher Stellenbosch : Stellenbosch University
publisherStr Stellenbosch : Stellenbosch University
record_format dspace
source_str SUNScholar — Stellenbosch University Repository
spelling oai:scholar.sun.ac.za:10019.1/109260 An investigation into the psychological characteristics that South African entrepreneurs attribute to the success of their businesses Pirie, Natasha Bailey, Lisa T. Stellenbosch University. Faculty of Economic and Management Sciences. Dept. of Industrial Psychology. Businesspeople -- South Africa Entrepreneurial success -- South Africa Characters and characteristics Unemployment -- South Africa Income distribution -- South Africa UCTD Thesis (MCom)--Stellenbosch University, 2020. ENGLISH SUMMARY : South Africa currently faces high levels of unemployment and inequality, and many sources have identified entrepreneurship as a mechanism by which these challenges can be tackled. To explore the personal experiences of entrepreneurs that enable them to run successful businesses in the South African context and achieve the research objectives of this study, a qualitative research design was employed based on the interpretive paradigm. A phenomenological approach was followed using a combination of purposive and snowball sampling. Data was collected from a total of 14 participants through two phases, namely semi-structured interviews and focus group discussions with successful entrepreneurs (including coaches or specialists working with entrepreneurs for phase 2). In summary, the results of the study indicated that 1) the perceived challenges faced by entrepreneurs in South Africa include financial challenges, insufficient and ineffective formal support structures and poor educational systems and support; 2) the perceived opportunities available to entrepreneurs in South Africa relate to entrepreneurship education and support; 3) the psychological characteristics that South African entrepreneurs attribute to the success of their businesses include conscientiousness, emotional stability (moderate levels), and openness to experience from the Big 5 model of personality, as well as risk propensity; 4) the contextual factors attributed to entrepreneurial success in South Africa involve social capital and leveraging of previous skills and experience; and lastly, 5) the reason for becoming and succeeding as an entrepreneur is due to passion. With these insights, various interventions could be developed to inspire and support individuals to become entrepreneurs, as well as to equip them with the skills and mindset needed to run successful ventures, thereby helping to alleviate the desperate situation regarding poverty and income inequality in South Africa. AFRIKAANSE OPSOMMING : Suid-Afrika staar tans hoë vlakke van werkloosheid en ongelykheid in die gesig, en baie bronne het entrepreneurskap geïdentifiseer as 'n meganisme waardeur hierdie uitdagings aangepak kan word. Om die persoonlike ervarings van entrepreneurs te ondersoek wat hulle in staat stel om suksesvolle ondernemings in die Suid-Afrikaanse konteks te bestuur en die navorsingsdoelstellings van hierdie studie te bereik, is 'n kwalitatiewe navorsingsontwerp gebruik gebaseer op die interpretatiewe paradigma. 'N Fenomenologiese benadering is gevolg deur gebruik te maak van 'n kombinasie van doelgerigte en sneeubalsteekproewe. Data is versamel van altesaam 14 deelnemers in twee fases, naamlik semi-gestruktureerde onderhoude en fokusgroepbesprekings met suksesvolle entrepreneurs (insluitend afrigters of spesialiste wat saam met entrepreneurs werk vir fase 2). Samevattend het die resultate van die studie aangedui dat 1) die vermeende uitdagings waarvoor entrepreneurs in Suid-Afrika te staan kom, finansiële uitdagings, onvoldoende en oneffektiewe formele ondersteuningstrukture en swak onderwysstelsels en ondersteuning insluit; 2) die geleenthede waarvoor entrepreneurs in Suid-Afrika beskik, het betrekking op onderwysondersteuning en ondersteuning; 3) die sielkundige eienskappe wat Suid-Afrikaanse entrepreneurs toeskryf aan die sukses van hul ondernemings, sluit in pligsgetrouheid, emosionele stabiliteit (matige vlakke) en openheid om te ervaar vanuit die Big 5-model van persoonlikheid, asook risiko-geneigdheid; 4) die kontekstuele faktore wat toegeskryf word aan ondernemingsukses in Suid-Afrika, behels sosiale kapitaal en die benutting van vorige vaardighede en ervaring; en laastens, Met hierdie insigte kan verskillende intervensies ontwikkel word om individue te inspireer en te ondersteun om ondernemers te word, asook om hulle toe te rus met die vaardighede en ingesteldheid wat nodig is om suksesvolle ondernemings te bestuur en sodoende die desperate situasie rakende armoede en ongelykheid in inkomste in Suid-Afrika te help verlig. Masters 2020-12-02T06:24:31Z 2021-01-31T19:41:37Z 2020-12-02T06:24:31Z 2021-01-31T19:41:37Z 2020-12 Thesis http://hdl.handle.net/10019.1/109260 en_ZA Stellenbosch University xiii, 173 pages ; illustrations, includes annexures application/pdf Stellenbosch : Stellenbosch University
spellingShingle Businesspeople -- South Africa
Entrepreneurial success -- South Africa
Characters and characteristics
Unemployment -- South Africa
Income distribution -- South Africa
UCTD
Pirie, Natasha
An investigation into the psychological characteristics that South African entrepreneurs attribute to the success of their businesses
title An investigation into the psychological characteristics that South African entrepreneurs attribute to the success of their businesses
title_full An investigation into the psychological characteristics that South African entrepreneurs attribute to the success of their businesses
title_fullStr An investigation into the psychological characteristics that South African entrepreneurs attribute to the success of their businesses
title_full_unstemmed An investigation into the psychological characteristics that South African entrepreneurs attribute to the success of their businesses
title_short An investigation into the psychological characteristics that South African entrepreneurs attribute to the success of their businesses
title_sort investigation into the psychological characteristics that south african entrepreneurs attribute to the success of their businesses
topic Businesspeople -- South Africa
Entrepreneurial success -- South Africa
Characters and characteristics
Unemployment -- South Africa
Income distribution -- South Africa
UCTD
url http://hdl.handle.net/10019.1/109260
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