Online Entrepreneurs' Profile and Their 2018 Income: A Correlational Study

Abstract

INTRODUCTION

Successful entrepreneurs are courageous enough to face risks and challenges, willing enough to persevere until their success is achieved and are eager to learn and explore new things. Many possessed the ability to sense and seize business opportunities. The prevalence of internet today results to increase in number of entrepreneurs especially the online entrepreneurs or people who do online-based business. Just like any other businesses, the amount of income of every online entrepreneur is uncertain, sometimes immense and other times not.

METHODS

This study used descriptive correlational research design, and researcher-made survey questionnaire with highly structured multiple choice questions in a form of checklist in gathering the data. Apparently, the participants of the study were chosen through the use of stratified random sampling, and to interpret and analyzed the data, weighted mean and Pearson Product Moment Correlation (PPMC) were the statistical treatments used.

RESULTS

Based on the gathered data, the correlation coefficient (r) equals to 0.521 indicated a strong relationship between the two variables and revealed that there is significant correlation between online entrepreneurs' age and their 2018 income. Accordingly, the p value =0.000 indicated that there is a significant relationship between online entrepreneurs' profile specifically the age and their 2018 income.

DISCUSSIONS

The result of this study proves that the online entrepreneurs' age is one of the determinants of their income. Subsequently, their experience also plays crucial role on how to deal with their costumers' demands, concerns, and feedbacks. Learning from their it makes them more adept in the field of entrepreneurship.