Self-Identified Management Deficiencies of Entrepreneurs

Abstract

Every year thousands of courses, seminars, and training sessions in entrepreneurship and small business are offered. However, it is not obvious that the education and training needs of entrepreneurs and business owners are being met. The study examines the competencies that owner/managers and entrepreneurs of growing businesses identify as deficient. It then analyzes the self-identified training needs of people owning growth-oriented businesses, and compares and contrasts them to those of individuals owning stagnant or declining firms. If those needs differ, the results can help instructors and trainers make the content of their offerings more relevant to their target audience, whether it is entrepreneurs with growth intentions or small-business managers with their life-style intentions.