Happiness, life satisfaction and self-efficacy among entrepreneurs and professionals

Entrepreneurs are individual who bears the risk of operating business in the face of uncertainty about the future conditions. Professionals are defined as a person who has the type of job that needs a high level of education and training and should be a salaried employee and executes the decision of owners. The present study is aimed to find the level of self- efficacy, happiness and life satisfaction among entrepreneurs and professionals. Purposive sampling method was used to collect data from entrepreneurs (30) and professionals (30) from Kerala. Oxford happiness questionnaire developed by Michael argyle and peter hills (2002) and self-efficacy scale by sud, R. Schwarzer and Jerusalem (1995) and the life satisfaction scale constructed by Dr. promila sing and George Joseph was used to assess the level of happiness, self-efficacy and life satisfaction. Correlation method and t test was used for statistical analysis. The result shows that there is a significant difference in the level of happiness, self-efficacy and life satisfaction among entrepreneurs and professionals. Entrepreneurs have a high level of self-efficacy while professionals show high level of happiness and life satisfaction. And the result shows that there is no significant relation between happiness, self-efficacy and life satisfaction among both entrepreneurs and professionals.