The document is a research paper on what makes an entrepreneur start another business after failing in their previous venture. It consists of an introduction, literature review, methodology, results and discussion, and conclusion sections. The introduction provides background on the topic and outlines the objectives of studying how an entrepreneur's reaction to failure impacts future business performance. The literature review examines prior research on entrepreneurial success and failure factors. The methodology section describes the research strategy, data collection and analysis approaches used in the study. The results and discussion present an analysis of survey responses from entrepreneurs who started new ventures after prior failures. Finally, the conclusion summarizes key takeaways about how attribution of failure causes and motivation influence subsequent business growth.
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What Drives Entrepreneurs to Start Again After Failure
1. Business Research 2017
Topic:- What makes an entrepreneur start another after fails. Page I
Title: A comparative study between two entrepreneurship businesses
where an entrepreneur starts another after fails.
2. Business Research 2017
Topic:- What makes an entrepreneur start another after fails. Page II
ACKNOWLEDGEMENT
At first the author are very grateful and thankful to the Almighty Allah.
The authors would like to thank our kind and dedicated supervisor Laila Habib for her aid and
assistance in the process of authoring this research.
For the completion of this research, researcher are visiting the different shops, business
organizations and companies, searching for websites, journals, articles and related documents were
required. However, it was researcher supervisor Laila Habib who played the important role by
giving us an insight about the research. Researcher expresses its profound indebtedness and
gratitude to supervisor, for its valuable advice that helped immensely in preparing this research.
In addition researcher would also like to thank all people who spent their valuable time to provide
researcher proper information about research requirement.
Researcher is also thankful to its fellow classmate friends, who helped researcher a lot to prepare
this research.
3. Business Research 2017
Topic:- What makes an entrepreneur start another after fails. Page III
Student Declaration
I hereby declare that the report on the title “A comparative study between two entrepreneurship
businesses where an entrepreneur starts another after fails”. It is uniquely prepared by Md
Ashadur Rahman with the knowledge gained from BUS 301 course. I also confirm that, this report
is only prepared for my academic requirement, not for any other purpose. It has not been previously
submitted to any other purpose or any other University, College or organization for any academic
qualification, certificate or any other degree. The report contains no material previously published
or written by anyone except where due reference is made in the text of the report.
Thanking You,
Md Ashadur Rahman
Program: BBA
CBA-College of Business Administration
International University of Business Agriculture & Technology (IUBAT)
4. Business Research 2017
Topic:- What makes an entrepreneur start another after fails. Page IV
LETTER OF TRANSMITTED
8th April, 2017
To
Laila Habib
Faculty
College of Business Administration (CBA)
IUBAT—International University of Business Agriculture and Technology
4, Embankment Drive Road, Uttara Model Town
Sector- 10, Dhaka- 1230, Bangladesh
Sub: Letter of Transmittal
It is great pleasure for me to submit research report on the topic of “Title: A Comparative Study
between Two Entrepreneurship Businesses Where an Entrepreneur starts another after
Fails”. I have prepared this report, as partial fulfilment of the course Business Research (BUS-
301).
To prepare this report, I collected what I believe to be the most relevant information in terms of
analytical as well as reliability. I have concentrated my best effort to achieve the objectives of the
report and hope that my endeavor will serve the purpose. The practical knowledge and experience
gathered during report preparation will immeasurably help in my future professional life. I request
you to excuse me for any mistake that may occur in the report despite of my best effort.
I would really appreciate, if you enlighten me with your thoughts and views regarding the report.
Also, if you wish to enquire about an aspect of my report, I would gladly answer your queries.
Thank you again for your support and patience.
Yours Sincerely,
Md Ashadur Rahman
ID# 14302195
5. Business Research 2017
Topic:- What makes an entrepreneur start another after fails. Page V
EXECUTIVE SUMMERY
In the name of Allah, Most Gracious, Most Merciful. How does previous entrepreneurial failure
influence future entrepreneurship? More specifically, under what conditions do entrepreneurs who
kick back from failure do better in the next round? Drawing on the cognitive literature in
attribution and motivation, the research take away light on entrepreneurs’ reaction to failure and
the growth of their succeeding anticipate. Leveraging a survey database of new-anticipate founders
who started another business after previous failure experiences, the researcher investigate how
their internal attribution of the cause of failure, their internal motivation to start up another
business after failure, and the extent of their failure experiences impact the growth of their
succeeding anticipate. How often have the researcher heard that failure is a bottom of dignify for
entrepreneurs? That failure is an indication to success? That failure makes an entrepreneur more
acceptable because to learned on other people’s money? But do the people really know about the
role of failure, and how failure is translated into future entrepreneurial success? How do
entrepreneurs’ reactions to failure impact the performance of their succeeding anticipate? The
answer is that at this point the people know very little. Focusing on these crucial questions, the
researcher hope to take away some light on this important but understudied aspect of
entrepreneurship by examining the performance of new anticipate started after a prior
entrepreneurial failure. While most entrepreneurs hope to be successful, unfortunately, a majority
of their anticipate end in failure. Failure is a fundamental element in entrepreneurship. Indeed, it
is challenging that some but not all entrepreneurs come back from failure, and starts up another
business.
6. Business Research 2017
Topic:- What makes an entrepreneur start another after fails. Page VI
CONTENT
SL. No- Descriptions Page
Chapter One Introduction 1-5
1.0 Introduction of the Research 1
1.1 Purposeof the Research 2
1.2 Background of the Research 2
1.3 Statement of the Research Problem 2
1.4 Rationale of Study 3
1.5 Aims and Objectives 3
1.5.1 Aims 3
1.5.2 Objectives 3
1.5.2.1 Broad Objective 3
1.5.2.2 Specific Objectives 3
1.6 Scopeand Limitation of the Research 4
1.7 Chapter Synopsis 4-5
Chapter Two Literature Review 6-13
2.0 About the Literature Review 6
2.1 Chapter Review 6
2.2 About the Entrepreneurship Business 6-7
2.3 Why Entrepreneurs become successfulin Business 7-9
2.4 Why Entrepreneurs get Fails in Business 9-11
2.5 What makes an Entrepreneur Start another after Fails 12
2.6 Research Questions 13
2.7 Chapter Summery 13
Chapter Three Methodology 14-27
3.0 About the Methodology 14
7. Business Research 2017
Topic:- What makes an entrepreneur start another after fails. Page VII
3.1 Problem Statement 14
3.2 Research Philosophy 14
3.3 Research Approach 14-15
3.4 Research Strategy 15-17
3.4.1 Population and Sample 18
3.4.2 Data Collection Method 18
3.4.2.1 Primary Data 18-19
3.4.2.2 SecondaryData 19
3.5 Data Analysis Method 20-24
3.6 Reliability and Validity 25
3.7 Ethical Consideration 26
3.8 Project Time Line 26
3.9 Project Budget 27
3.10 Chapter Summery 27
Chapter Four Result and Discussion 28-38
4.0 About Result and Discussion 28
4.1 Chapter Overview 28
4.2 Survey Questionnaires Analysis 28-37
4.6 Scopeof Further Research 37
4.7 Suggestions and Recommendation 38
Chapter Five Conclusion 39
5.0 Conclusion 39
Reference 40-41
Bibliography 41-42
8. Business Research 2017
Topic:- What makes an entrepreneur start another after fails. Page VIII
LIST OF FIGURES
List Descriptions Page
Figure 1: A theoretical typology of entrepreneurial failure Adapted from Smida
and Khelil (2010)
10
Figure 2: Entrepreneur’s failure profiles 11
Figure 3: Three Different Approaches of Research 14
Figure 4: Forms of Interview 24
LIST OF TABLES
List Descriptions Page
Table 1: Researcher Questions 13
Table 2: Strengths and Weaknesses of Qualitative and Quantitative Methods of
Research
20
Table 3: Differences between Qualitative and Quantitative Methods of Data
Collection Source: Inquest Blog, (2016)
21
Table 4: Project time line breakdown 26
Table 5: Estimated project budget 27
9. Business Research 2017
Topic:- What makes an entrepreneur start another after fails. Page IX
APPENDIX – A
Questionnaire for the Purpose of Business Research:
Hello! I am Md Ashadur Rahman. I am a BBA student of Business Research course at IUBAT
University, Dhaka, Bangladesh. As part of my course’s research, I am conducting a research on
“What makes an entrepreneur start another after fails”. The research is a partial fulfillment of
the requirement of BUS 301 course. The purpose of this questionnaire is to investigate, what is the
thinking of established entrepreneur. The following questions are containing the general basis. Your
opinions and views on the regarding the questions are all that matters. Your answers will be held in
strict confidentiality and only used for the purpose of this academic study as stipulated in the
consent form.
Thank you for your valuable time!
Details of Participants:
Total Number of Participants : 06
Gender : Male and Female
Age Limit : 25-45 years
Designation : 2 Shop Owner’s, 2 Small Business Owner’s and 2 Big Business
Owner’s.
General Questions:
1. What are the pre-requirements of Starting an Entrepreneurship Business?
2. Why do you wanted to be an entrepreneur?
3. Why many people getting fails in their entrepreneurship business?
4. How can an entrepreneur overcome from its failure?
5. What is your advice for future entrepreneur?
10. Business Research 2017
Topic:- What makes an entrepreneur start another after fails. Page X
APPENDIX – B
M.C.Q type’s Questionnaire for the Purpose of Business Research:
Hello! I am Md Ashadur Rahman. I am a BBA student of Business Research course at IUBAT
University, Dhaka, Bangladesh. As part of my course’s research, I am conducting a research on
“What makes an entrepreneur start another after fails”. The research is a partial fulfillment of
the requirement of BUS 301 course. The purpose of this questionnaire is to find out, the attitude of
fresh graduates and new entrepreneurs. This is a M.C.Q type’s question answer. Your opinions and
views on the regarding the questions are all that matters. Your answers will be held in strict
confidentiality and only used for the purpose of this academic study as stipulated in the consent
form.
Thank you for your valuable time!
Details of Participants:
Total Number of Participants : 15
Gender : Male and Female
Age Limit : 18-40 years
Designation : A number of new entrepreneurs & a number of people who wanted
to be an entrepreneur
M.C.Q type’s Questions:
1. Do you think entrepreneurship business is better than having a job?
No
2. Should an entrepreneur start its business at the very young age?
3. Investment is the first thing to start an entrepreneurship business -
4. Entrepreneurship business is way of creating new idea -
11. Business Research 2017
Topic:- What makes an entrepreneur start another after fails. Page XI
5. Do you think building an entrepreneurship business is challenging?
6. Is entrepreneurship business the way of doing new thing?
7. Do you think an entrepreneur should be a literate person?
8. Illiteracy is the main reason of fails in the entrepreneurship business -
9. Entrepreneurship business creates the opportunity to developed personality -
10. Bangladesh Govt. gives a number opportunity to building an entrepreneurship business -
11. Do you think as an entrepreneur you have carried a number of risks?
12. Is entrepreneurship business creates employment opportunity?
13. Is an entrepreneur needs leadership quality?
14. Entrepreneurship business creates the opportunity to making social status -
15. Every entrepreneur should need to do social working activities -