Researching the Psychological Capital of entrepreneurs to help maximise success

help us develop a new Psychometric Tool

“Why are some business founders more successful than others?”

“Are the attributes and psychological traits that make entrepreneurs successful the same which make people successful in any walk of life?”

“Can you develop your entrepreneurial attributes?”


To address these questions, and many more, I am creating the first global, longitudinal research project into the psychology of entrepreneurs. I aim to research if there are specific common characteristics which foresees success, and whether such characteristics differ between industries, locations, or different age groups.


Entrepreneurial Psychological Capital


Psychological Capital (PsyCap) is the sum of the positive capacities which determine an individual’s success and wellbeing at work. The most important aspect of PsyCap is that it can be built upon and developed; improving individual success (which is very different to 'personality traits', which are more fixed).

The first step in this extensive research project is to investigate Psychological Capital specifically relating to entrepreneurs. There is current, general research addressing the PsyCap capacities of Efficacy, Resilience, Optimism & Hope, and exploring how these impact on an individual’s work career as an employee, however, until now, there has been limited research into how these capacities influence the success of people starting or running their own businesses.

This study aims to fill the current gaps in specialised Entrepreneurial Psychosocial Capital research, to develop the world’s first PsyCap model specifically for entrepreneurs.


Entrepreneurial Development Test


The EntDevTest aims to assess your Entrepreneurial Psychological Capital; specifically your levels of Confidence, Resilience, Hope, Optimism, Courage and Purpose, with a particular weighting to identifying how open you are to learning and development.

My hypothesis is that the main difference between success and failure in business is psychological, and with a properly researched PsyCap model for entrepreneurs, more new businesses, and the founders behind them, will be successful.

If you want to learn more about your Entrepreneurial Psychological Capital, how you relate to others within your industry, and ultimately to help us to develop a practical model to lead more entrepreneurs to success, then join the study today.


Join the Study


Are you a business founder or small business owner who wants to take part in this study?

Complete the online questionnaire to join our extensive study, and gain insights into your psychometric entrepreneurial characteristics and how they compare with others around the world.

The Entrepreneurial Development Test

Researching the Psychological Capital of Entrepreneurs
Find out:
1
Your current levels of Confidence, Resilience, Hope, Optimism, Courage and Purpose

2
How you can build on these core capacities to improve your chances of success

3
How you compare with other business founders and entrepreneurs in your industry

*Your personal results will be completely confidential and you will not have to share that with anyone.

Join the Study


Are you an entrepreneur, business founder or part of a start-up team?


If you want to learn more about your Entrepreneurial Psychological Capital, how you relate to others within your industry, and ultimately to help us to develop a practical model to help more entrepreneurs to succeed, then join the study today: