Abstract:
There were several Psychological traits (Chara cteristics) those determine entrepreneurial
intentions and ultimately entrepreneurial success. The problem to be discussed in this study is to
determine the effect of entrepreneurial characters on entrepreneurial Success. Survey identified
Psychological Variables were Need for achievement, Autonomy (need for independence), internal
locus of control (Personal control), Innovation, Opportunity, Risk taking, and self-esteem of
entrepreneurs. The intend of the study is to determine whether there is a relation between
entrepreneurial Characteristics and entrepreneurial Success, and how an entrepreneur’s
background relates to the Psychological Variables, which has been one of the arguable issue in
entrepreneurship research. In this study the usable responses were 30 entrepreneurs located
(Valikamam) around Thirunelvelli, University of Jaffna area, Sri Lanka; who were analyzed by
using the Statistical methods. The methods of analysis include; 4 hypotheses using various
statistical techniques including independent ‘t’ test and Regression. Results of the study support
significant (positive) relationships between Psychological traits and entrepreneurial Success.
Findings also suggest that background factors (supportive Environment) have reasonable
relationships with psychological traits and entrepreneurial Success. The study also showed that
there was no significant difference in the entrepreneurial success based on gender differences.
