Idiosyncratic psychological aspects in entrepreneurship
-
-
[1] Instituto Politécnico de Bragança
Instituto Politécnico de Bragança
Bragança (Sé), Portugal
-
- Localización: Proceedings of the International Congress on Interdisciplinarity in Social and Human Sciences.5th - 6th May 2016 / coord. por Saul Neves de Jesus, Patrícia Pinto, 2016, ISBN 978-989-8472-82-3, págs. 178-185
- Idioma: portugués
- Texto completo no disponible (Saber más ...)
- Dialnet Métricas: 1 Cita
-
Resumen
Entrepreneurship is having the courage to transform an idea in reality and with it achieve personal, financial andrecognition satisfaction. The psychological ability to handle failure has proven essential in success.We analysed the importance of idiosyncratic psychological aspects in the success of entrepreneurs through anobservational study accompanying 20 entrepreneurs from the idea presentation phase to company incorporation.During the observation period 4 distinct psychological phases of the entrepreneurs were observed, being it possibleto describe them as follows: absorption of information and knowledge; application of the gathered knowledge totheir specific cases; frustration generated by criticism, namely from investors who didn’t recognise the value of theirprojects; realism and implementation of the project.Having passed more than 6 months after the analysis period, one can verify that the entrepreneurs who havetravelled the 4 phases are today developing their projects being that the remaining ones are in a similar situation as atthe end of the initial two months.Conclusion: The ability to cope with frustration and rejection is a determinant factor in the success of theentrepreneur. The ability to learn from rejection, more than resilience help the entrepreneur to proceed.
