UGC Approved Journal no 63975(19)
New UGC Peer-Reviewed Rules

ISSN: 2349-5162 | ESTD Year : 2014
Volume 12 | Issue 10 | October 2025

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Published in:

Volume 11 Issue 10
October-2024
eISSN: 2349-5162

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Published Paper ID:
JETIR2410514


Registration ID:
549892

Page Number

f173-f179

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Title

Determinants of Business Success: A Comprehensive Study of Entrepreneurs from Humble Beginnings

Abstract

Interviews carried out with successful entrepreneurs in India reveal some compelling factors that determine success for those entrepreneurs who started all over again. These factors include personal attributes, strategic business practices, and strategies to overcome challenges. Successful entrepreneurs often present aspects such as resilience, adaptability, and determination. They have a strong personal drive to do well; in addition, they are risk takers who know the right time to take calculated risks. Learning from failure and staying with it during crunch times however is a must for smooth operation and execution of the business. Effective financial management is one of the strategic practices undertaken by these entrepreneurs through market analysis and customer relationship management. They are always proactive about the need of the market and taking proper adaptation according to it. Innovation, networking, and embracing technology are also prominently featured in their business models. Successful entrepreneurs are able to respond to a whole array of challenges: financial constraints, market competition, and regulatory hurdles among others. They devise coping mechanisms such as sourcing external funding, acquiring mentorship, or partnerships and often engage in continuous learning for the upliftment of business acumen

Key Words

Entrepreneurial Success Small Business Growth Determinants of Success Humble Beginnings Personal Characteristics Strategic Business Practices Resilience in Business Financial Management Market Adaptation Bootstrapping Strategies Networking in Entrepreneurship Entrepreneurial Flexibility

Cite This Article

"Determinants of Business Success: A Comprehensive Study of Entrepreneurs from Humble Beginnings", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 10, page no.f173-f179, October-2024, Available :http://www.jetir.org/papers/JETIR2410514.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Determinants of Business Success: A Comprehensive Study of Entrepreneurs from Humble Beginnings", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 10, page no. ppf173-f179, October-2024, Available at : http://www.jetir.org/papers/JETIR2410514.pdf

Publication Details

Published Paper ID: JETIR2410514
Registration ID: 549892
Published In: Volume 11 | Issue 10 | Year October-2024
DOI (Digital Object Identifier):
Page No: f173-f179
Country: Vijayawada, Andhra Pradesh, India .
Area: Management
ISSN Number: 2349-5162
Publisher: IJ Publication


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