Abstract: The current global economic meltdown has forced many entrepreneurs and business owners to behave in many ways and some of the actions cannot be computed by others. To some extent, some have to close down their businesses as the preferred option or as the quick solution to the problem. Whilst the entrepreneurs’ behavior or attitude varies at any particular moment to suit the desires and the environment, the economic turbulence time suggests the need to look again at the entrepreneur attitudes specific to this time. Within the context of entrepreneurship development, the entrepreneurial attitude during economic turbulence provides new insights pertaining to the survival and the sustainability of the small firm. This study highlights the entrepreneurial attitudes during economic turbulence environment in Nigeria based on the data collected in 2010 and emphasizes on the importance of having the right attitudes during this period to ensure the survival of the entrepreneurs.