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Entrepreneurial business start-ups and entrepreneurial failure: How to stand up after a fall?

There are many reasons for entrepreneurs to start a business, but there is only a thin line between success and failure, and not everyone is willing to try to start a business again after encountering a failure. Therefore, it is worth exploring how start-up losers accumulate the energy of entreprene...

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Autores principales: Pan, Lee-Yun, Tsai, I-Chih, Popan, Shu-Hui, Chang, Shih-Chi
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Frontiers Media S.A. 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9595277/
https://www.ncbi.nlm.nih.gov/pubmed/36304884
http://dx.doi.org/10.3389/fpsyg.2022.943328
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author Pan, Lee-Yun
Tsai, I-Chih
Popan, Shu-Hui
Chang, Shih-Chi
author_facet Pan, Lee-Yun
Tsai, I-Chih
Popan, Shu-Hui
Chang, Shih-Chi
author_sort Pan, Lee-Yun
collection PubMed
description There are many reasons for entrepreneurs to start a business, but there is only a thin line between success and failure, and not everyone is willing to try to start a business again after encountering a failure. Therefore, it is worth exploring how start-up losers accumulate the energy of entrepreneurship and the reasons for starting a business again. In this study, the typical sampling method was adopted to select a suitable and representative case company entrepreneur for an in-depth interview. The results of this study revealed that in the process of the Entrepreneur starting a business three times, the Entrepreneur’s personal motivation and learning ability in the face of failure, coupled with family support, made the Entrepreneur willing to keep trying, even though he had to face the risk of repeated entrepreneurial failures, so that he could keep his positive energy on his entrepreneurial journey and eventually achieve a successful outcome.
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spelling pubmed-95952772022-10-26 Entrepreneurial business start-ups and entrepreneurial failure: How to stand up after a fall? Pan, Lee-Yun Tsai, I-Chih Popan, Shu-Hui Chang, Shih-Chi Front Psychol Psychology There are many reasons for entrepreneurs to start a business, but there is only a thin line between success and failure, and not everyone is willing to try to start a business again after encountering a failure. Therefore, it is worth exploring how start-up losers accumulate the energy of entrepreneurship and the reasons for starting a business again. In this study, the typical sampling method was adopted to select a suitable and representative case company entrepreneur for an in-depth interview. The results of this study revealed that in the process of the Entrepreneur starting a business three times, the Entrepreneur’s personal motivation and learning ability in the face of failure, coupled with family support, made the Entrepreneur willing to keep trying, even though he had to face the risk of repeated entrepreneurial failures, so that he could keep his positive energy on his entrepreneurial journey and eventually achieve a successful outcome. Frontiers Media S.A. 2022-10-11 /pmc/articles/PMC9595277/ /pubmed/36304884 http://dx.doi.org/10.3389/fpsyg.2022.943328 Text en Copyright © 2022 Pan, Tsai, Popan and Chang. https://creativecommons.org/licenses/by/4.0/This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
spellingShingle Psychology
Pan, Lee-Yun
Tsai, I-Chih
Popan, Shu-Hui
Chang, Shih-Chi
Entrepreneurial business start-ups and entrepreneurial failure: How to stand up after a fall?
title Entrepreneurial business start-ups and entrepreneurial failure: How to stand up after a fall?
title_full Entrepreneurial business start-ups and entrepreneurial failure: How to stand up after a fall?
title_fullStr Entrepreneurial business start-ups and entrepreneurial failure: How to stand up after a fall?
title_full_unstemmed Entrepreneurial business start-ups and entrepreneurial failure: How to stand up after a fall?
title_short Entrepreneurial business start-ups and entrepreneurial failure: How to stand up after a fall?
title_sort entrepreneurial business start-ups and entrepreneurial failure: how to stand up after a fall?
topic Psychology
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9595277/
https://www.ncbi.nlm.nih.gov/pubmed/36304884
http://dx.doi.org/10.3389/fpsyg.2022.943328
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