Rebuilding dreams: strategies for overcoming entrepreneurial failures
DOI:
https://doi.org/10.5585/2025.27063Keywords:
entrepreneur, failure, overcoming, affective, cognitiveAbstract
Purpose: This study investigates the strategies used by entrepreneurs to cope with failure and their motivations for overcoming it.
Methodology/Approach: The method used here is qualitative, descriptive, and exploratory in nature. Data was collected through interviews with 15 Brazilian entrepreneurs from different sectors of the economy. The content analysis method was used to analyze the data from the perspective of Bardin (2016).
Originality/Relevance: Studies exploring strategies for coping with failure are still relatively scarce in the entrepreneurship literature, and so too are affective and cognitive behavioral aspects related to this subject (Eager et al., 2019; Srinivasan et al., 2023).
Main results: The results here demonstrate that entrepreneurs rely on affective and cognitive behaviors as strategies to cope with and overcome failure.
Theoretical/Methodological Contributions: The purpose of this study is to contribute to the literature on entrepreneurship and enrich understanding of how the emotions and cognition influence entrepreneurial behavior in strategies for coping with failure, and also to suggest the reasons, motivations, and behaviors that help entrepreneurs deal with this.
Social contributions: Identify strategies for entrepreneurs to overcome failure, promote resilience and continuous learning, and reinforce the resilience of businesses and the well-being of families.
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