The Entrepreneurial Dream: Happiness, Depression and Freedom
Citation:
Michael Fowle, 'The Entrepreneurial Dream: Happiness, Depression and Freedom', Senate Hall, 2019, International Review of Entrepreneurship, 305-322Download Item:
Abstract:
Some recent research suggests that entrepreneurs are, by their nature, more prone to
depression. This paper uses research in entrepreneurship, psychology, philosophy and neuroscience
to show that, contrary to current belief, entrepreneurs are not unusually susceptible to depression.
They are in fact extraordinarily resilient, but their entrepreneurial projects often create high levels
of risk, uncertainty, loss of control, fractured relationships and damaged identity. These, coupled
with extreme lifestyles, lack of sleep and exercise and poor diet, combine to create exceptional
physiological and psychological stress. These conditions, and not predisposition, lead to
entrepreneurial depression. Entrepreneurial traits are a shield and protection, not a cause of distress.
The paper suggests a range of mitigating philosophical, strategic and personal approaches to
improve wellbeing and social and economic outcomes. In summary, entrepreneurs should keep
themselves fit to lead, share the burden with a team and keep the project lean.
Author: Fowle, Michael
Publisher:
Senate HallType of material:
Journal articleCollections
Series/Report no:
International Review of EntrepreneurshipAvailability:
Full text availableISSN:
2009-2822Metadata
Show full item recordLicences: