Justin Goodbread CFP®, CEPA, CVGA, at WealthSource Partners, LLC, is a financial educator, wealth manager, author and speaker. getty Business owners are often a tenacious and resilient lot. We tend to get an idea or vision for what we want to achieve in our businesses and dive headlong into those goals. Failure isn’t something that deters many of us. Instead, we often view it as a precursor to success. But what really makes us tick? Why can most business owners get kicked in the teeth and get up smiling, again and again? The answer may lie in the average entrepreneur’s psyche. In a 2016 study on the core competencies for entrepreneurship, researchers found that there are "positive and significant relationships between resilience and EI (entrepreneurial intention)," and the results "highlight the mediating role played by resilience." Likewise, "many researchers hypothesize that entrepreneurs thrive on a strong sense of personal self-efficacy to execute their visions and a keen eye for innovation to identify new products and markets." In other words, business owners are willing to press on in the face of failure because, ultimately, they believe in their abilities to accomplish their goals. While this is an important entrepreneurial attribute, […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
