Emotional Intelligence and Entrepreneurial Traits among the Youth in Madurai District

Abstract

Entrepreneurship is a broad term encompassing a set of skills that includes creativity, leadership and communication, risk taking, persistence, hard work, motivation and teamwork. Entrepreneurship is an activity, which leads to the creation and management of a new organization designed to pursue a unique and innovative opportunity. It involves measures to encourage individuals to become entrepreneurs and equip them with the necessary skills to create a successful business model. In essence entrepreneurship is about spotting opportunities, creating new ideas and having confidence and capabilities to turn these ideas into working realities.The present research examined to study the emotional intelligence and entrepreneurial traits among the youth in Madurai district. The total number of questionnaires distributed in the self-administered survey was 750 sets. A stratified random sampling method is applied in this research for selecting the sample. As a result, 555 (filled questionnaire) valid sets of questionnaires were available and then used for further analysis using SPSS software version 21. A structured questionnaire was used to collect the data, while the correlation analysis was used to analyze the data. Hence, the study, therefore, concluded that the correlation coefficient for emotional intelligence is strong and positive.