International Journal of Academic Accounting, Finance & Management Research (IJAAFMR)

Title: Leveraging On Profitability Of Small-Scale Poultry Farms Through Entrepreneurial Passon In Delta State, Nigeria

Authors: CLINTON Emmanuella

Volume: 9

Issue: 3

Pages: 10-20

Publication Date: 2025/03/28

Abstract:
Entrepreneurial passion is widely acknowledged as a key driver of business success, particularly in small-scale enterprises where resources are limited and market uncertainties are high. This study explored the impact of entrepreneurial passion, specifically through Intrinsic Motivation (IM) and Resilience and Persistence (RP), on the profitability of small-scale poultry farms in Delta State, Nigeria. A quantitative research design was employed, using survey data from 298 poultry farmers across various local government areas in Delta State. The data were analyzed through descriptive statistics, Pearson correlation, multiple regression analysis, and ANOVA to assess the significance and strength of relationships between the variables.The descriptive statistics revealed that both IM and RP had relatively high mean scores, suggesting that poultry farmers in Delta State demonstrate a strong entrepreneurial passion. Correlation analysis indicated significant positive relationships between the entrepreneurial passion factors and profitability, with IM showing a correlation of (r = 0.692) and RP (r = 0.600). The results from multiple regression analysis affirmed these findings, showing that both IM (? = 0.345, t = 2.828, p = 0.011) and RP (? = 0.035, t = 2.333, p = 0.015) significantly contribute to profitability. The overall regression model explained 89.1% of the variation in profitability, with an R-square value of 0.891, suggesting that entrepreneurial passion is a strong predictor of financial success in the context of small-scale poultry farming. Additionally, ANOVA results confirmed the statistical significance of the model (F = 595.857, p = 0.000), further supporting the strength of the relationship between entrepreneurial passion and profitability.In light of these findings, the study concludes that nurturing entrepreneurial passion can play a vital role in enhancing profitability for small-scale poultry farmers. It recommends that policymakers and agricultural extension services implement initiatives aimed at strengthening farmers' vision, motivation, and emotional engagement with their businesses. Furthermore, financial institutions should prioritize support for farmers who exhibit high levels of entrepreneurial passion, as they are more likely to achieve sustainable growth. This research contributes to the existing literature by providing empirical evidence on the psychological factors that influence profitability in agribusiness.

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