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Determining Factors for Achieving Success in Entrepreneurship

In: World Lumen Congress 2021

Author

Listed:
  • Valentin Radu

    (Associate Professor, Valahia University of Targoviste)

  • Monica Cojocaru

    (PHD Candidate, Valahia University of Targoviste)

  • Ayten Güler Dermengi

    (PHD Candidate, Valahia University of Targoviste)

Abstract

This paper represents the quintessence of our own research on the critical success factors identified by analysing the lives and deeds of 10 world leaders from an entrepreneurial perspective. In the research we looked for the answers to a series of questions such as: What defines these action people, who have calculated and taken risks to achieve the proposed objectives? What motivated these personalities to conquer minds, hearts, and territories? Where did they get the courage, they needed to act according to their dream? What were their strengths? What defines and differentiates a successful manager? Where is the boundary between the managerial style beneficial to the organization and the sinusoidal approach of the managerial path? The paper was made by substantiating these answers and developing a list of determining factors in achieving the success of an entrepreneur. The results obtained constitute a decalogue for entrepreneurs to achieve added value for the businesses they implement.

Suggested Citation

  • Valentin Radu & Monica Cojocaru & Ayten Güler Dermengi, 2022. "Determining Factors for Achieving Success in Entrepreneurship," Book chapters-LUMEN Proceedings, in: Antonio Sandu (ed.), World Lumen Congress 2021, edition 1, volume 17, chapter 14, pages 131-140, Editura Lumen.
    • Handle: RePEc:lum:prchap:17-14
    DOI: https://doi.org/10.18662/wlc2021/14
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    References listed on IDEAS

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    1. Filipe Santos, 2012. "A Positive Theory of Social Entrepreneurship," Journal of Business Ethics, Springer, vol. 111(3), pages 335-351, December.
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    More about this item

    Keywords

    Entrepreneur; success; motivation; factors; manager;
    All these keywords.

    JEL classification:

    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General
    • M51 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Firm Employment Decisions; Promotions
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management
    • M59 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Other

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