Identify the factors affecting the recovery of entrepreneurs with failure experience

Subject Areas : Water Resource Management

Alireza Fereidooni ¹ , Morteza Mosakhani ² , Kamal Sakhdari ³ , Mohammad Ataee ⁴

1 - Ph.D. Candidate, Entrepreneurship Department ,Qazvin Branch, Islamic Azad University, Qazvin, Iran
2 - Professor, Department of Management, Science and Research Branch, Islamic Azad University, Tehran, Iran (Correspondent)
3 - Assistant Professor, Department of Entrepreneurship, University of Tehran, Tehran, Iran
4 - Assistant Professor, Department of Management, Qazvin Branch, Islamic Azad University, Qazvin, Iran

Received: 2020-10-25 Accepted : 2020-12-12 Published : 2022-02-20

Keywords: recovery, Entrepreneurial failure, life after failure,

Abstract :

Purpose: Entrepreneurs who fail have different functions. Some grieve and its aftermath is liberated and entrepreneurial re- emergence, others plunge into their grief and choose another path. How do entrepreneurs recover after a failure? In this study, we have tried to identify the factors affecting their recovery by using the experience of entrepreneurs with failure experience.Method: The present study was conducted using a qualitative approach and phenomenological strategy. According to its ontological principles, this strategy focuses as much as possible on first-hand or lived experiences. Data collection was done through semi-structured interviews with 18 entrepreneurs with failure experience who have started a new business.Findings: The four themes of family, social interaction, religious beliefs and distraction, which are composed of ten components, along with individual factors, affect the recovery of the individual..Conclusion: According to the research results, it is necessary to provide the obligatory training for entrepreneurs in different periods to strengthen the sensemaking of the concept of failure and its recognition as an acceptable event with entrepreneurship, as well as the development of necessary individual skills to learn about phenomena and Recovering from events should be on the agenda of trustees