摘要：This study investigates the effects of an entrepreneur’s personal characteristics on business performance (profitability) of small medium enterprises (SMEs). To this end, we collected quantitative data from 125 SMEs operating in Pakistan using a survey questionnaire. We take business performance as a dependent variable while education, experience and inner circle of advisors are taken as independent variables. Our findings suggest that education and Inner circle of advisors of entrepreneurs have no significant relationship on business performance. People prefer business experience over business education, and they avoid sharing business ideas with other friends. Experience of entrepreneurs have a significant positive relationship on business performance, prior experience of doing business significantly impacts business performance.
