The effect of personality on performance success is determined by both predispositional and situational factors and the main characteristics of successful individuals are the need for achievement, locus of control and risk taking (Smith-Hunter, Kapp & Yonkers, 2003). The need to achieve refers to the motive behind the individual to accomplish a certain goal and to continuously improve their target. In this regard, there is no empirical support that men or women have the highest need to achievement’. Closely connected to this is the internal locus of control, which can be defined as perceived control over the events in one’s life (Mueller & Thomas, 2001). Since individuals who are confident to believe that they can manage their environment in a positive sense, will have better future prospects in their performances. There are also several studies that indicate that having a high locus of control improves the sense of self-efficacy . The third dimension is risk taking. Men are more likely to indulge in risky endeavors. This risk taking can be financial, social or psychic and it is an important characteristic that sometimes distinguishes men’s performances from women.
Several recent meta-analyses show that women and men in entrepreneurial domains for instance do differ from each other in terms of a broad range of personality traits. Personality theorists agree that an individual’s personality predicts his or her behavior (Funder, 1994; Ciavarella, Buchholtz, Riordan, Gatewood, & Stokes, 2004). As a consequence, personality traits may have important implications on performance as the entrepreneur’s behavior is likely to influence success. Hence the Big Five Personality Model related to the high-growth intention which are extraversion ,emotional stability agreeableness openness and consciousness are predispositional factors that influence performance successes (Allen, Frings & Hunter, 2012; Judge, Higgins, Thoresen & Barrick, 1999). Extroverted people tend to have more assertiveness, they are gregarious and being sociable, and therefore are more likely to take on leadership. As a result extraversion is positively related to job performers that involve high levels of social interaction. Women in this regard tend to score high on this personality trait. Second, Common traits associated with people low on emotional stability are being anxious, depressed, angry, embarrassed, emotional worried and insecure. Women perhaps are more vulnerable and are more prone to stress and obstacles as emotional volatility and worrying will negatively affect their performance level. On the other hand individuals, who are emotional stable, are more likely to cope with problems through positive thinking and direct action. They are able to stay calm and behave in a confident manner in order to be able to focus on the necessary tasks and as a result they will increase their potential in becoming successful . Third People high on agreeableness are more likely to be courteous, forgiving and flexible in dealing with others, women tend to possess more of this interpersonal factor, a quality trait which support performance over the long-term. Meanwhile, openness to experience , which a personality trait that both women and women tend to have. Both genders in most cases would show a sense of acute intellectuality , and broad-mindedness and originality all of which are necessary personality dimensions that lead to optimal performances.