Personality and Entrepreneurship: Why are some people more entrepreneurial than others, and why should you care?

This is why you should care about entrepreneurship, and why that implies caring about personality: Personality rules the world, and the more power a person has, the more important is personality. Social psychology has shown us how our lives are affected by others, but personality psychology explains why some people are much more likely than others to affect our lives. Entrepreneurship is just another process by which this influence occurs; it is (like leadership) the natural consequence of differences in personality and yet another proof that the personality of some is much more influential than others’.

So, how entrepreneurial are you? To find out whether you may be the Richard Branson or Oprah Winfrey of tomorrow, or whether you should just stick to a 9-to-5 job, just take our test!


Mr. Personality

A personality expert talks character and destiny.
by Tomas Chamorro-Premuzic, Ph.D.
Do you have what it takes to be the next Richard Branson?

So far, psychologists have failed to explain why some people are more entrepreneurial than others, but the answer is straightforward: personality. Indeed, individual differences in creativity, ambition, and risk-taking explain why some people have much more potential for entrepreneurship than others, and valid personality measures can help us identify who the entrepreneurs of tomorrow will be. Of course, there are also socio-political factors contributing to entrepreneurship, which is why it is a lot harder to be entrepreneurial in North than in South Korea, or why unemployment may actually foster entrepreneurship. Still, in any country at any given point of time there will be more and less entrepreneurial people and a country’s economic and social development is much more dependent on the former. Continuar leyendo «Personality and Entrepreneurship: Why are some people more entrepreneurial than others, and why should you care?»

Key to being happy may not be in genes but in your choices

Working shorter hours did not necessarily lead to happiness, but working a lot more or less than they wanted made people very unhappy.

“It appears that prioritising success and material goals is actually harmful to life satisfaction,” Professor Headey wrote in the journal Proceedings of the National Academy of Sciences.

Partner choice played a big role. Women were less happy if their partner did not prioritise family goals than if they had no partner, and people with a neurotic partner were far less happy over time. They never got used to their partner’s negative emotions, either – even after 20 years of marriage there was no decline in the effects on their happiness.

Doing exercise and being a healthy weight were beneficial, and obesity was strongly linked to unhappiness, particularly for women.

Professor Headey did not know why many people continued to prioritise goals which did not seem to make them happy. «I think people don’t often sit down and think about what really makes them happy, and then try to do more of that.”

Amy Corderoy |

Happy, happiness.Happiness … It’s a choice.

The sad sacks and Eeyores of the world are not doomed to gloom forever, according to new research that shows happiness is not dictated by genes.

Instead it found your choice of partner and life goals drastically affect your satisfaction with life – overturning the popular theory that happiness is largely decided by personality traits moulded early in life and genetic factors.

Up until now much research had seemed to show even extreme events such as becoming disabled or winning the lottery had little effect on people’s happiness, and studies of twins strongly linked happiness to genetics.

But in reality, over the course of their life about 40 per cent of people experienced large changes in their levels of happiness, said the study leader, Bruce Headey, an associate professor at the Melbourne Institute at Melbourne University.

The study, the first to track happiness over a long period, followed 60,000 Germans for up to 25 years. Continuar leyendo «Key to being happy may not be in genes but in your choices»

The Ups and Downs of Being a Perfectionist

Almost everyone out there knows someone who’s a perfectionist, if they aren’t one themselves.

Some people are perfectionists in only one aspect of their life (such as school or work) while others apply their perfectionist tendencies to every aspect of their lives.

Perfectionism is often looked at by those who don’t share the same obsession as a negative personality trait. In reality, perfectionism has both positive and negative impacts.

Learning to work within the constraints of being a perfectionist can lead to much higher productivity, but not working with those traits can lead to much lower productivity.//

What is Perfectionism?

Your average perfectionist believes that not only is perfection achievable, but that it should be achieved whenever possible. They always strive to make their work better, and often derive pleasure from investing time and effort into their projects. They enjoy paying attention to detail and are often hard to please.

The Upside of Being a Perfectionist

Perfectionism has a lot going for it. For one, it’s common to have perfectionist clients, and that can be a huge headache if you’re not also a perfectionist. Working with someone who insists on getting every single detail the absolute best it can be is easier if you share the same outlook. But there are also other benefits.

Higher Personal Standards
With high personal standards, it’s easier to meet the expectations of others. If you have low standards, you’ll always have to push yourself to meet what others expect from you. If your standards are already high, you’ll likely have a much easier time meeting the standards of others. After all, a perfectionist almost always has nearly-impossible standards for themselves, much higher than what outside parties would generally impose.

A More Streamlined Work Process
Most perfectionists are also hyper-organized. They’ve perfected their work process along with everything else in their life. This means, in many cases, that your work is more efficient than that of many non-perfectionists. You have processes and patterns for handling virtually anything that comes your way, from email to new project and clients to bookkeeping. It can definitely add up to a more effective workday with less wasted time and effort.

A More Polished End Result
If you’re a perfectionist, it’s likely that by the time a project makes it to the client (or is made public), it’s as polished as it can get. Your designs are always pixel-perfect and your development projects always work flawlessly. Others often look at your work in awe, wondering where you find the time and patience to perfect your work in such a way. It’s a definite plus, as it can lead to more work and more respect.

Better Attention to Detail
In addition to an overall feeling of being polished, your work often has all those extra little details that set it apart from the crowd. You go the extra mile to add details to your work that others wouldn’t even think of. This applies both to design and to other aspects of your business. Things like making your clients and others you do business with feel appreciated and valued can go a long way toward improving your business, and are often overlooked by many. A perfectionist will often have systems in place to make sure things are done to improve client relations above and beyond expectations.

Fewer Fixes Are Necessary Later On
One of the biggest direct advantages of being a perfectionist is that there are generally fewer bugs in your finished projects. Because you’ve examined everything in minute detail and tested every possible scenario you could come up with to make sure everything looked and functioned flawlessly, it’s much less likely your clients will find anything you overlooked. This means not only do you have fewer bugs to deal with (which are often unbillable), but also that your clients and users will be happier. Continuar leyendo «The Ups and Downs of Being a Perfectionist»


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