Characteristics Of Successful Entrepreneurs Use of Influence Strategy Information Seeking Persistence High Quality Of Work Initiative Efficiency High Degree of Commitment Systematic Planning Self Confidence Problem Solving Persuasion Assertiveness Opportunity Orientation
Entrepreneurship has existed in Malaysia (Malaya) since the interaction of Malacca with foreign traders.
However, when the British colonized the Malay Peninsular, they changed the structure of the society and practiced the “divide and rule” system; Malays (administration & agriculture), Chinese (mining & business) and Indians (rubber plantations).
As a result of this system, the Chinese society was far ahead in business compared to the Malays and Indians.
After independence, the Malaysian Government realised the importance of entrepreneurship to individuals, society and the country, and how it contributes to the nation’s prosperity.
Since then, the government has been focusing on the field of entrepreneurship until today.