ENTREPRENEUR MOTIVATION

Motivation- refers to the course or motive factors that energies behaviour and give it direction. It is something that moves a person to take an action and continues him in the course if action already initiated.

Motive- is a driving force or a need within people that compels them to act or behave in a particular manner.

INTRISIC MOTIVATION

This are personal trends and desires that induce a person to become an entreprenuer. They include:

Employment creation need

Need for indipendence

Need for power

Need for recognition

Self actualisation need

Talent

Poverty

EXTRINSIC MOTIVATION

Refers to those factors that are provided by others especially the legal authority and society in general. They include:

Infrastructure

Credit facilities

Information support

Pricing policy

Tax policy

Legal control

Political climate

Technical and technological assistance

Training consultanct service

Inheritance

Excess gifts

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