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Oct 30, 2020 · Contemporary literature has advocated that studies on fear of failure should move away from a dominant conceptualisation of it as a dispositional trait, with a negative impact on entrepreneurial intentions, to understanding it as a situational-based response to threats experienced while engaging in entrepreneurship (Cacciotti et al., 2016; Cacciotti and Hayton, 2015).
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Dec 17, 2023 · Further, our results show that entrepreneurs may re-enter entrepreneurship activity, whilst harbouring high levels of NER and having not achieved such personal growth, suggesting that they have not successfully transitioned through a grieving process, which has implications for their well-being and the future success of their new venture.
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Purpose. Failure plays a pivotal role in entrepreneurial learning. Knowledge of the learning process that enables an entrepreneur to re-emerge stronger after a failure, though considerable, is fragmented. This paper systematically collects relevant literature, assigns it to the stages of the experiential learning process (concrete experience ...
- Wolfgang Lattacher, Malgorzata Anna Wdowiak
- 2020
An entrepreneurial mindset includes creativity, problem-solving skills, and a propensity to innovation. 23 Open-mindedness is one characteristic that supports creativity, problem solving, and innovation. Taking the time to explore new ideas, dream, reflect, and view situations from a new perspective contribute to the entrepreneurial mindset.
May 13, 2024 · With a positive mindset, setbacks are seen as temporary hurdles rather than insurmountable obstacles. Entrepreneurs who maintain an optimistic outlook can better adapt, finding creative solutions ...
In the aftermath phase, entrepreneurial costs of failure – and their negative impacts on entrepreneurial self-efficacy and risk-taking propensity – are important. The public nature of failure, meaning that is observable by family, friends, and network contacts can lead to negative feelings of humiliation or remorse.
Table 10.3 Fear can freeze up entrepreneurs. The important thing is to let go of old thinking patterns and adopt a positive outlook. It also helps to move forward despite fear and have mentors who can help deal with negative thoughts and emotions.
