Table 1.

Descriptive statistics, zero-order correlations, and Cronbach’s alphas.

Study Variables	Mean	SD	1	2	3	4	5	6	7	8	9	10	11	12
1. Age	44.8553	11.40025	N/A
2. Race [Caucasian (94%) = 1, Other = 0]	N/A	N/A	-0.106	N/A
3. Gender [Female (43%) = 1, Male = 0]	N/A	N/A	-0.094	-0.0121	N/A
4. Degree [Business (40%) = 1, Other = 0]	N/A	N/A	-0.128	0.035	0.052	N/A
5. Years of education	17.3816	2.72573	0.097	-0.232**	0.055	0.048	N/A
6. Work experience	24.7763	12.46356	0.845**	-0.047	-0.167*	-0.088	0.015	N/A
7. Entrepreneurial experience [Novice (39%) = 1, Experienced = 0]	N/A	N/A	-0.162*	0.028	0.185*	-0.019	-0.012	-0.203*	N/A
8. Number of employees	4.9868	8.01818	0.136	0.045	-0.232**	0.191*	-0.017	0.172*	-0.144	N/A
9. Venture survival [Yes (91%) = 1, No = 0]	N/A	N/A	-0.030	-0.080	-0.093	-0.111	0.112	-0.079	-0.073	0.111	N/A
10. Courage	59.934	0.042	0.034	-0.110	-0.104	0.133	0.104	0.128	-0.009	0.065	-0.106	0.832
11. PsyCap	5.05	0.478	0.065	-0.098	-0.165*	0.145	0.242**	0.192*	-0.126	0.141	-0.035	0.552**	0.812
12. Satisfaction	26.211	5.115	0.081	0.012	-0.016	0.027	0.099	-0.003	-0.040	-0.040	-0.045	0.176*	0.302**	0.869

^∗p < 0.05; ^∗∗p < 0.01; N = 152. Cronbach’s Alphas are reported on the diagonal.