Idiosyncratic psychological aspects in entrepreneurship

Galvão, Ana Maria; Fernandes, Paula Odete; Pinheiro, Marco

Publication

Idiosyncratic psychological aspects in entrepreneurship

2016Conference object

dc.contributor.author	Galvão, Ana Maria
dc.contributor.author	Fernandes, Paula Odete
dc.contributor.author	Pinheiro, Marco
dc.date.accessioned	2016-05-16T14:38:09Z
dc.date.available	2016-05-16T14:38:09Z
dc.date.issued	2016
dc.description.abstract	Entrepreneurship is having the courage to transform an idea in reality and with it achieve personal, financial and recognition satisfaction. The psychological ability to handle failure has proven essential in success. Goal: Analyse the importance of idiosyncratic psychological aspects in the success of entrepreneurs. Method: Observational study, using a case study, a group of 20 entrepreneurs from the idea presentation phase to company incorporation during a period of two months. Results: During the observation period 4 distinct psychological phases of the entrepreneurs were observed, being it possible to describe them as follows: absorption of information and knowledge; application of the gathered knowledge to their specific cases; frustration generated by criticism, namely from investors who don’t recognize the value of their projects; realism and implementation of the project. Having passed more than 6 months after the analysis period, one can verify the entrepreneurs who have travelled the 4 phases and specially reached the realism of Phase 4, are today developing their projects being that the remaining ones, majority of which weren’t able to overcome Phase 3, are in a similar situation as at the end of the initial two months. Conclusion: The ability to cope with frustration and rejection is a determinant factor in the success of the entrepreneur. The ability to learn from rejection, more than resilience help the entrepreneur to proceed. Therefore, based on the observations, entrepreneurship has a lot to gain if besides technical assistance also coaching assistance is provided.	pt_PT
dc.identifier.citation	Galvão, Ana Maria; Fernandes, Paula O. ; Pinheiro, Marco (2016). Idiosyncratic psychological aspects in entrepreneurship. In International Congress on Interdisciplinarity in Social and Human Sciences. Faro. ISBN 978-989-8472-82-3. p. 33-33	pt_PT
dc.identifier.isbn	978-989-8472-82-3
dc.identifier.uri	http://hdl.handle.net/10198/12935
dc.language.iso	eng	pt_PT
dc.peerreviewed	yes	pt_PT
dc.publisher	Saul Neves de Jesus and Patricia Pinto	pt_PT
dc.rights.uri	http://creativecommons.org/licenses/by/4.0/	pt_PT
dc.subject	Entrepreneurship	pt_PT
dc.subject	Idiosyncrasy	pt_PT
dc.subject	Coping	pt_PT
dc.title	Idiosyncratic psychological aspects in entrepreneurship	pt_PT
dc.type	conference object
dspace.entity.type	Publication
oaire.citation.conferencePlace	Faro	pt_PT
oaire.citation.endPage	33	pt_PT
oaire.citation.startPage	33	pt_PT
oaire.citation.title	International Congress on Interdisciplinarity in Social and Human Sciences	pt_PT
person.familyName	Galvão
person.familyName	Fernandes
person.givenName	Ana Maria
person.givenName	Paula Odete
person.identifier	N-3804-2013
person.identifier.ciencia-id	C511-DCF6-D586
person.identifier.ciencia-id	991D-9D1E-D67D
person.identifier.orcid	0000-0001-9978-9563
person.identifier.orcid	0000-0001-8714-4901
person.identifier.scopus-author-id	35200741800
rcaap.rights	openAccess	pt_PT
rcaap.type	conferenceObject	pt_PT
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relation.isAuthorOfPublication.latestForDiscovery	6255b031-50b0-4f4e-99e5-ef7e977fae87