How is self-motivation best defined?

Self-motivation is best defined as the ability to start and finish a task without giving up, despite the obstacles that might arise. This concept emphasizes perseverance and resilience, which are crucial characteristics for successfully pursuing and achieving goals, especially in the context of micro-enterprise and entrepreneurship. Individuals who are self-motivated are driven by their own internal goals and values, enabling them to work independently and persistently even when faced with challenges.

In the context of entrepreneurship, self-motivation is essential because it involves taking initiative and applying effort without needing external encouragement. This characteristic supports entrepreneurs in overcoming setbacks and maintaining focus on their objectives. Successful business ventures often rely on the founder's commitment and dedication, showcasing the significant role of self-motivation in driving both personal and business growth.