The aim of the paper is to analyze the recent meta-analytic studies on the relationships between entrepreneurship and the personality of entrepreneurs, which are promising. The Big Five traits (positive relationships to conscientiousness, openness to experience, and extraversion, as well as negative relationships to agreeableness and neuroticism), the need for achievement, risk propensity and generalized self-efficacy are taken into consideration. The findings show that there are systematic, statistically significant as well as moderate to weak relationships between personality traits and entrepreneurial intention as well as entrepreneurial performance. Taking into account the conclusion based on these analyses, a holistic scheme for further research was proposed. This model includes moderators and mediators, which are supposed to explain the value of personality traits. The main limitation of the conducted research in this field is the small amount of longitudinal research. Thus, it is strongly advised to apply a prospective design in further research. It is worth emphasizing that such findings are useful for the selection process regarding public support for those starting up a new venture.