Fear of Failure, Financial Performance, and Entrepreneurial Well-being: Some Insights from Start-ups in an Emerging Market Economy

Donard Games; Rifka Zikria; Tri Siwi Agustina; Rambat Lupiyoadi

doi:10.2991/978-94-6463-350-4_18

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Fear of Failure, Financial Performance, and Entrepreneurial Well-being: Some Insights from Start-ups in an Emerging Market Economy

Authors

Donard Games¹^{, *}, Rifka Zikria¹, Tri Siwi Agustina², Rambat Lupiyoadi³

¹Department of Management, Faculty of Economics and Business, Universitas Andalas, Padang, Indonesia

²Department of Management, Faculty of Economics and Business, Universitas Airlangga, Surabaya, Indonesia

³Department of Management Faculty of Economics and Business, Universitas Indonesia, Jakarta, Indonesia

^*Corresponding author. Email: donardgames@eb.unand.ac.id

Corresponding Author

Donard Games

Available Online 10 January 2024.

DOI: 10.2991/978-94-6463-350-4_18 How to use a DOI?
Keywords: Fear of Failure; Financial Performance; Entrepreneurial Well-being; Start-ups; Indonesia
Abstract: The present study investigates the effect of fear of failure on entrepreneurs’ well-being in West Sumatra, Indonesia, where financial performance is expected as the mediating variable. The data were collected online from eighty-five start-up businesses that have run for 0–5 years in West Sumatera, Indonesia. The collected data were analyzed using smartPLS 3.3.9. It was found that there is no link between fear of failure and affected entrepreneurs’ well-being. However, fear of failure is negatively and significantly related to financial performance, while the latter is positively and significantly related to entrepreneurs’ well-being. Financial performance did not mediate the link between fear of failure and entrepreneurs’ well-being.
Copyright: © 2023 The Author(s)
Open Access: Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title: Proceedings of the International Conference on Entrepreneurship, Leadership and Business Innovation (ICELBI 2022)
Series: Advances in Economics, Business and Management Research
Publication Date: 10 January 2024
ISBN: 10.2991/978-94-6463-350-4_18
ISSN: 2352-5428
DOI: 10.2991/978-94-6463-350-4_18 How to use a DOI?
Open Access: Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

ris enw bib

TY  - CONF
AU  - Donard Games
AU  - Rifka Zikria
AU  - Tri Siwi Agustina
AU  - Rambat Lupiyoadi
PY  - 2024
DA  - 2024/01/10
TI  - Fear of Failure, Financial Performance, and Entrepreneurial Well-being: Some Insights from Start-ups in an Emerging Market Economy
BT  - Proceedings of the International Conference on Entrepreneurship, Leadership and Business Innovation (ICELBI 2022)
PB  - Atlantis Press
SP  - 185
EP  - 193
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-350-4_18
DO  - 10.2991/978-94-6463-350-4_18
ID  - Games2024
ER  -

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