IJSRP, Volume 2, Issue 9, September 2012 Edition [ISSN 2250-3153]
Niraj Kumar Singh
Abstract:
A person with proactive mind-set is an individual who is unconstrained in certain situations and affects environmental change, rather than allowing environmental change to affect him/her. Proactive personality types act on opportunities after identifying them. They take initiative and action with ease to create change, and are capable to transforming constraints into opportunities. According to this integrationist theory, proactive people have the tendency to enter into entrepreneurial careers. Entrepreneurship involves special kinds of decision-making processes. Because of this, it is argued that the success of a business depends on the entrepreneur personality structure, and that this is true in particular for previously unemployed persons. Failure rates of entrepreneurs are high, and so are the costs incurred thereby: not only does failure mean that entrepreneurs lose their own investments and the income opportunities they could have taken advantage of otherwise; it may also mean that banks as well as friends, fools and family lose the capital they had invested (in terms of loans or equity).
In this paper we will take a deep note on different thinking and mentality of people (young graduates, new business men/entrepreneurs and employees) in respect to be a job seeker or a job generator or a employee or employer. Some exclusive vital factors are considered to give a beginning start to business and then flourish it beyond bounds; this papers text will demonstrate what-how influences business growth in which type of people (Young Graduates – Techno-managers, Small business men and Employees).