Self-control

Describes the ability to regulate one's own impulses and use energy in a task- and goal-oriented manner. People with strong self-control are intrinsically disciplined. They think before they act and are usually strong in task planning, organization, and prioritization. Willingness to defer reward: Characteristic of this is a reward system that does not demand immediate gratification: Small needs are

From |2023-05-16T20:42:53+02:00May16, 2023|

Solution orientation

describes an optimistic and at the same time realistic basic attitude as well as the constructive handling of negative experiences. Solution-oriented people neither look away from problems nor try to gloss over them, nor do they try to analyze them in detail. They recognize the situation objectively and soberly and look for the most direct possible solutions. They do not focus on the

From |2023-05-16T20:37:57+02:00May16, 2023|

Ambiguity tolerance

describes the ability to deal with contradictory, unclear, unstructured or ambiguous situations. Tolerance of ambiguity or uncertainty is the opposite of stereotypical thinking and makes it possible to perceive circumstances in a differentiated, multi-layered and positive manner. It is accepted that in some cases there are no clear classifications, clear answers and quick solutions. People with a high tolerance for ambiguity are true improvisation talents:

From |2023-05-16T20:31:10+02:00May16, 2023|

Entrepreneural Passion

describes the degree of emotion that goes hand in hand with the understanding of one's role in relation to entrepreneurship and is significant for one's own identity. Entrepreneurially passionate people are ready to devote themselves to their goals with full vigor, mustering all their strength. They want to put their know-how and experience into practice, they live and love what they do.

From |2023-05-16T07:06:24+02:00May16, 2023|

Personal qualities with SUCCESS RELEVANCE

Research into traits that favor entrepreneurial success goes back to the 1920s. In the 1960s, the "traits" approach was pursued in the USA in particular - with the aim of making it easier for venture capital investors to assess companies' prospects of success. From the work of psychologists, social scientists, and economists, different

From |2023-05-16T07:03:51+02:00May16, 2023|

Innovativeness

describes the ability and willingness to approach the familiar in a new way. Progress requires leaving behind familiar ways of thinking. In the process, boundaries are questioned and consciously transcended in order to gain a new perspective on the interrelationships. Innovative people think and act creatively, they act instead of react and actively initiate change. The ability

From |2023-05-16T06:58:33+02:00May16, 2023|

Risk propensity

describes the willingness to make decisions even under uncertainty and to accept possible failure. People with a high risk propensity are prepared to accept failure in the sense of financial as well as personal loss, provided they rate the prospect of success higher than the probability of failure. Already the first formal definition

From |2023-05-16T06:56:06+02:00May16, 2023|

Extraversion & Charisma

describes emotional expressiveness, self-confidence, self-determination, and freedom from inner conflict. Charismatic people are not stewards of the status quo. They seek stimulation, set idealized goals, and show a strong commitment to those goals. People with a high degree of extraversion appear active, dominant, and are socially energetic. They set high expectations and

From |2023-05-16T06:54:03+02:00May16, 2023|

Self-efficacy

describes the confidence of being able to successfully solve future challenges based on one's own abilities. In the literature, self-efficacy is described as "task-specific self-confidence" or as the "basic ability to cope, perform, and be successful. Individuals with strong self-efficacy recover more quickly from setbacks, show greater commitment to overcoming hurdles

From |2023-05-16T06:51:58+02:00May16, 2023|

Locus of Control (LOC)

describes the conviction that events can be controlled by one's own behavior. People with a high locus of control (LOC) believe that success is determined less by external circumstances and is essentially in their own hands. Events are experienced as a consequence of one's own actions. A high locus of control belief also implies that the

From |2023-05-16T06:49:16+02:00May16, 2023|
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