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Entrepreneurs’ well-being: utilization of psychosocial resources: A qualitative study on how entrepreneurs sustain or improve their eudaimonic well-being by utilizing psychosocial resources
2024 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

Background: Entrepreneurship is often seen as a desirable and prestigious career.

However, pursuing entrepreneurship can also be highly stressful and negatively impact

one's well-being. Some of the most important factors affecting the well-being of

entrepreneurs are the resources they have around them, such as their family, recognition

from other stakeholders, and other individual factors. However, we lack a clear

understanding of how entrepreneurs utilize these resources to sustain or improve their

eudaimonic well-being.

Purpose: The purpose of this study is to observe and determine how entrepreneurs utilize

psychosocial resources to sustain or improve their eudaimonic well-being.

Method: This is a qualitative study relying on an abductive approach. Multiple

explanatory case studies were conducted to study how entrepreneurs utilize psychosocial

resources to sustain or improve their well-being. The sampling method used in this study

is purposive sampling, which is a non-random sampling method. The data-collection

method used is semi-structured interviews with open-ended questions, and as a method

for data analysis, template analysis was used to find patterns between the different cases.

Conclusion: Self-efficacy emphasizes the importance of believing in yourself in

sustaining and improving overall well-being among entrepreneurs. Optimism is utilized

by building motivation and creating resilience to sustain or improve well-being. Self-

esteem allows entrepreneurs to confidently pursue their goals. Family support emerges as

a critical resource in improving entrepreneurs’ well-being with emotional support.

Activities such as exercise, good diet, sleep, meditation, and reflection provide a way for

psychological recovery and detachment from work, thereby improving well-being.

Place, publisher, year, edition, pages
2024.
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-64372OAI: oai:DiVA.org:hj-64372DiVA, id: diva2:1862407
Subject / course
JIBS, Business Administration
Supervisors
Examiners
Available from: 2024-06-20 Created: 2024-05-29 Last updated: 2025-10-13Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
  • ieee
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  • Other locale
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