Dublin Core
Title
An Exploratory Study of Critical Success Factors of Selected Ghanaian Entrepreneurs.
Creator
Kwabena Agyenim-Boateng
Description
The importance of entrepreneurship globally, cannot be underestimated considering their critical role in the socio-economic development and growth of the world economy.
Entrepreneurs empower people through the creation of employment and wealth to liberate them from poverty, homelessness, and its associated challenges. While one group of entrepreneurs are expanding their territories opening new companies, the second group of entrepreneurs are battling collapsing businesses. This study intended to research the elements that constitute and contribute to the apparent success of the Successful Indigenous Entrepreneurs (SIEs). A qualitative phenomenological exploratory approach and purposive sampling technique were adopted for the study. Face-To-Face in-depth interviews were conducted to document the narratives and lived experiences of the participants. In the researchers’ quest to present a holistic report of the lived experiences of the Indigenous Successful Entrepreneurs, interviews and observation of the participants were corroborated and augmented with other documentary evidence from internet, print media, books, and pamphlets. A thematic analysis of the data was conducted using word Nvivo 11 pro.
The emerging themes were focusing on their business dreams, ploughing back profit into the business, starting from where they have work experience or know-how, having an entrepreneurial mindset, being a hard-working person, resilient, and above all being Godfearing. Studies about Indigenous Entrepreneurs are still at its infantile phases; further research is recommended to look at, comparing the critical success factors of indigenous entrepreneurs and their foreign counterparts operating in Ghana, focusing on the similarities and their differences. Insightful lessons from the life experiences present pictorial a harmony of the phenomenon.
Entrepreneurs empower people through the creation of employment and wealth to liberate them from poverty, homelessness, and its associated challenges. While one group of entrepreneurs are expanding their territories opening new companies, the second group of entrepreneurs are battling collapsing businesses. This study intended to research the elements that constitute and contribute to the apparent success of the Successful Indigenous Entrepreneurs (SIEs). A qualitative phenomenological exploratory approach and purposive sampling technique were adopted for the study. Face-To-Face in-depth interviews were conducted to document the narratives and lived experiences of the participants. In the researchers’ quest to present a holistic report of the lived experiences of the Indigenous Successful Entrepreneurs, interviews and observation of the participants were corroborated and augmented with other documentary evidence from internet, print media, books, and pamphlets. A thematic analysis of the data was conducted using word Nvivo 11 pro.
The emerging themes were focusing on their business dreams, ploughing back profit into the business, starting from where they have work experience or know-how, having an entrepreneurial mindset, being a hard-working person, resilient, and above all being Godfearing. Studies about Indigenous Entrepreneurs are still at its infantile phases; further research is recommended to look at, comparing the critical success factors of indigenous entrepreneurs and their foreign counterparts operating in Ghana, focusing on the similarities and their differences. Insightful lessons from the life experiences present pictorial a harmony of the phenomenon.
Subject
Doctor of Philosophy (PhD) Business Administration
Publisher
Ghana Technology University Library
Date
July 2018