Work

Entrepreneurial Mental Well-Being: Strategies for Positive Business Outcomes

Year: 2024
Type: dissertation
Abstract: Entrepreneurial mental well-being is integral to business success.However, entrepreneurs may need more guidance on strategies they can employ to enhance their mental wellbeing and, in turn, foster positive business outcomes.Grounded in self-determination theory and the conservation of resources theory, the purpose of this qualitative pragmatic inquiry study was to explore strategies entrepreneurs use to address their mental wellbeing, contributing to positive business outcomes.The participants comprised seven entrepreneurs in Atlanta, GA, and Charlotte, NC, who proactively managed their mental well-being, yielding positive business outcomes.Data collection methods included semistructured interviews and a review of public records.Thematic analysis of the data revealed three themes: (a) a positive mindset, (b) the value of support systems, and (c) therapeutic lifestyle changes.Key recommendations from this research are for entrepreneurs to learn from others who have had similar experiences, set micro goals for life and business, and incorporate mental wellness into their business plan to enhance business outcomes.The implications include the potential for entrepreneurs to achieve positive business outcomes and contribute to the overall well-being of their communities.
Author: Jefferson, Shanna A
Institution: Walden University
Language: English
Open Access status: green
OpenAlex ID: W6981612731
Cites: 216
Cited by: 1
Related to: 10