Journal of the Community Development in Asia
Vol 7, No 3 (2024): September 2024

The Correlation Between Archetype Personality and Business Success in Small and Medium Enterprises (SMEs) in Java Island

Wikantiyoso, Bimo (Unknown)
Riyanti, Benedicta Prihatin Dwi (Unknown)
Suryani, Angela Oktavia (Unknown)
Soeharso, Sonny (Unknown)



Article Info

Publish Date
20 Sep 2024

Abstract

Understanding entrepreneurial success involves exploring various factors, including personality traits and their impact on business outcomes. This study explores the relationship between entrepreneurial personality archetypes and business success among SMEs in Indonesia. Using a quantitative approach, data were collected from 500 MSME entrepreneurs via paper-and-pen and online questionnaires. Pearson Correlation analysis revealed significant positive correlations between business success and the Caregiver (r = 0.243), Seeker (r = 0.340), Lover (r = 0.227), Ruler (r = 0.316), Magician (r = 0.290), Sage (r = 0.277), and Jester (r = 0.235) archetypes. In contrast, the Destroyer archetype showed a negative correlation (r = -0.222). These findings suggest that archetypes promoting self-expression and personal growth positively influence entrepreneurial success, while those focusing on efficiency and results may hinder it. The study underscores the value of aligning personality traits with business strategies to improve outcomes and recommends further research on practical applications in entrepreneurial training programs.

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Journal Info

Abbrev

JCDA

Publisher

Subject

Humanities

Description

JCDA aims to feature narrative, theoretical, and empirically-based research articles. The journal also accepts articles with data taken from reflections as well as experiences (qualitative research) relevant to community development in Asia. As it explores the community development broadly, the ...