Which of the following is not associated with an entrepreneur seeking feedback

“Seek feedback!” is a mantra that social entrepreneurs hear frequently. And this is with good reason. Feedback can help social entrepreneurs to learn, improve products and services, build trust, catalyse social impact, and remain accountable.

Yet, how do social entrepreneurs obtain this valuable resource before they can reap the benefits?

In a new article published in the Journal of Business Venturing, we investigate how social entrepreneurs in the early stages of their start-up activities navigate the process of seeking feedback through interpersonal interactions with beneficiaries, customers, employees, funders, collaborators. We find three interesting aspects of this process.

Why seek feedback?

First, seeking feedback can serve three different purposes. Social entrepreneurs seek feedback to co-create with community members; to improve their entrepreneurial practice; and to develop a public image that emphasises prosociality. How social entrepreneurs define themselves (i.e., their identities) and how psychologically close they are to the social issues they target shape the purpose for their feedback seeking. This means that each purpose is more salient for some social entrepreneurs than for others.

 Seeking feedback is challenging

Second, our research challenges the implicit assumption that feedback is readily available to social entrepreneurs. Social entrepreneurs struggle to access feedback because they may not have the time to ask in safe ways. They may not have access to the right networks. Those approached may not respond to feedback requests (for many reasons). They struggle to access meaningful feedback due to power dynamics or different perceptions of what entrepreneurship is for (addressing social issues vs maximising profits).

Navigating the challenges when seeking feedback

Third, social entrepreneurs do not give up on seeking feedback when facing these challenges. Or at least not entirely. Instead, they reflect on what these challenges mean to them: how they see themselves and how they are seen by others. They experiment with solutions that are consistent with their identities and purpose for seeking feedback. Thus, they take one of three approaches to navigate the challenges.

Making feedback seeking easier for community members: Social entrepreneurs who see themselves as community members and started their ventures in service of the community experiment with the process of seeking feedback. They invest significant time and effort to make it easier and safer for community members to provide feedback by strengthening relationships and developing feedback channels (e.g., coffee mornings, WhatsApp groups, confidential 1:1 conversations).

Making feedback seeking safer for the emerging entrepreneur: Social entrepreneurs who see themselves as emerging entrepreneurs addressing a social issue that had been personally traumatic experiment with whom they ask for feedback and on what topics. They carefully frame their requests and often use humour. They are very careful with whom they ask for feedback and even avoid asking specific individuals for feedback. They have different groups of feedback sources on different topics.

Making feedback seeking less damaging to the social entrepreneur’s image: Social entrepreneurs who see themselves as professionals or serial entrepreneurs and address a social issue they had not personally experienced experiment with the timing of feedback requests. They have rules of thumb for when to seek feedback, how frequently to request feedback. They even temporarily refrain from seeking feedback so individuals would not feel “pestered” and “hounded”.

Why does it matter?

Overall, our research shows that how social entrepreneurs define themselves shapes why and how they seek feedback and even how they refrain from seeking feedback. This highlights the importance of self-awareness. Reflecting on who one is and what their purpose is for seeking feedback can help identify blind spots when seeking feedback: Am I seeking feedback only from some individuals? Am I seeking feedback in ways that protect how I see myself? Or in ways that protect how others see me?

You can read the full article here, titled "Navigating interpersonal feedback seeking in social venturing: The roles of psychological distance and sensemaking". If you do not have access, send me a message and I can share it privately.

27.One trait not common in entrepreneurs is:

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28.What characteristic(s) that propel entrepreneurs into success can be exhibited to the “extreme”?

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29.Areas of risk to the entrepreneur includea.career, family, psychic.c.psychic, social, physical.b.family, business, social.d.financial, product, marketANS: A

30.With psychic risk you fear

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31.Which of the statements below is not a risk faced by entrepreneurs?

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32.Small business owners face many day-to-day risks.Which statement is most related to risk?

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33.In starting or buying a new business, the higher the rewards, thea.risk is then minimized.c.greater the size of a business.b.greater the risk.d.smaller the enjoyment.ANS: B

34.Which of the following may be the greatest risk to the well-being of the entrepreneur?

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Which of the following is typically not associated with entrepreneurship?

Which of the following is not characteristic of entrepreneurs?

Which of the following is NOT types of entrepreneur?

Which of the following is not one of the four step of the entrepreneurial process?