SMALL AND MEDIUM SCALE ENTERPRISES MANAGERS' RATING OF SELF-MOTIVATION SKILLS NEEDED FOR BUSINESS SUCCESS IN DELTA STATE

Chika Madu Ile, Rachael Ngozichukwu Nwokoli

Abstract


The main purpose of the study was to ascertain the small and medium scale enterprises managers' rating of sivation skills needed for business success. One research question guided the study and one null hypothesis was tested at 0.05 level of significance. Descriptive survey research design was adopted and a population of 609 SMEs managers was studied without sampling. A structured questionnaire containing 10 items was face validated by three experts in the field and used for data collection. Test-retest method was used to establish the reliability of the instrument. The data analyzed with Pearson Product Moment Correlation yielded a coefficient of 0.78. Mean and standard deviation were used
to analyze data in respect of the research question while the z-test was used to test the null hypothesis at 0.05 level of significance. Findings revealed that the respondents rated self-motivation skills as highly needed for business success in Delta State. Based on the findings, the researchers concluded that all self-motivation skills are very important for business success. It was, therefore, recommended that relevant supervisory and regulatory agencies should organize seminars on self-motivation skills required for effective running of businesses and motivate small and medium enterprise manager to participate. This will
help to reduce the rate of business failure in Delta State and the country at large.
Keywords: Skills, Entrepreneurship, Entrepreneurial skill, Manager, Self-motivation


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