Entrepreneurial Success: An Exploratory Study among Entrepreneurs

The main objective of the study is to investigate the relationship between entrepreneurial factors andentrepreneurial success. Using a simple random sampling technique, 163 entrepreneurs with at least three yearsof business operations were selected as our respondents. Data were gathered through a self-monitoredquestionnaire survey. Multiple regression analysis was used to test the relationship between the entrepreneurialfactors and entrepreneurial success. Based on the means analyses, religious duty/honesty factor is perceived asthe most significant factor affecting entrepreneurial success, followed by communication skills and strong will ofthe entrepreneurs. This study confirmed that several entrepreneurial factors are significantly related to theentrepreneur’s success. These factors include the ability of entrepreneurs to access information, their leadershipstyles, and their support from others. Nevertheless, entrepreneurs’ ability to seize relevant information is foundto be the most significant factor contributing to their success.