Abstract: | This study investigated the relationship of family environment, network, parental socio‐economic status, self‐efficacy and proactive personality on entrepreneurial intention of secondary school adolescents and the mediating role of self‐efficacy. The participants were 250 secondary school SS2 adolescents randomly selected from six secondary schools in Ibadan Metropolis, Ibadan, Oyo State, Nigeria. Structural Equation Modelling was used to analyse the data obtained from the participants. The results showed that all the contextual and individual factors had significant relationship with entrepreneurial intention and self‐efficacy partially mediated the relationship. It was suggested that counselling psychologists should consider the contextual and individual variables while assisting students in building their entrepreneurial intention. |