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Stressors and satisfactors in entrepreneurial activity: an event-based, mixed methods study predicting small business owners' health

Author

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  • Thomas Lechat

    (UM - Université de Montpellier, Labex Entreprendre - UM - Université de Montpellier, Observatoire Amarok)

  • Olivier Torrès

    (UM - Université de Montpellier, Labex Entreprendre - UM - Université de Montpellier, Groupe Sup de Co Montpellier (GSCM) - Montpellier Business School, Observatoire Amarok)

Abstract

Entrepreneurial activity leads to certain events that can impact both the equilibrium of a small business and that of its owner-manager. Although the health of the owner-manager is a key asset for a small organisation, the characteristics of the events he experiences and his psychological reaction to these episodes remain underexplored. This paper aims to address these research gaps, which are common to both occupational health and entrepreneurship, two fields that are rarely combined. We conducted a mixed methods study using a panel of 357 small business owners-managers. First, a qualitative longitudinal survey was administered to semantically categorise the most salient events experienced by the owners. Next, a quantitative, cross-sectional questionnaire was administered to weight the coded events through two mediating constructs: stress and satisfaction. Finally, we assessed the events' effects on the owners' health variances through linear regressions. Conceptually, our results extend the affective events theory to small business owners. Methodologically, we offer two checklists of events that capture emotional stress and satisfaction in entrepreneurial activity. Practically, certain preventive actions by medical professionals can build upon these checklists' predictive qualities regarding health. These checklists, referred to as a 'stressometer' and a 'satisfactometer', are also benchmarking tools for any self-employed.

Suggested Citation

  • Thomas Lechat & Olivier Torrès, 2017. "Stressors and satisfactors in entrepreneurial activity: an event-based, mixed methods study predicting small business owners' health," Post-Print hal-04012050, HAL.
    • Handle: RePEc:hal:journl:hal-04012050
    DOI: 10.1504/IJESB.2017.087838
    Note: View the original document on HAL open archive server: https://hal.science/hal-04012050v1
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    Cited by:

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    2. Mathieu Le Moal & Roy Thurik & Olivier Torrès, 2024. "Validation and Psychometric Evaluation of the French Version of the Recovery Experience Questionnaire: Internal Consistency and Validity Assessment [Validation et évaluation psychométrique de la ve," Post-Print hal-04714547, HAL.
    3. Ruqia Ayoub & Saloni Devi, 2024. "Subjective well-being of entrepreneurs during COVID-19 pandemic: a bibliometric analysis," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 14(1), pages 1-18, December.
    4. Andreas Rauch & Willem Hulsink, 2023. "Just one Damned Thing After Another: Towards an Event-based Perspective of Entrepreneurship," Entrepreneurship Theory and Practice, , vol. 47(3), pages 662-681, May.
    5. Ute Stephan & Andreas Rauch & Isabella Hatak, 2023. "Happy Entrepreneurs? Everywhere? A Meta-Analysis of Entrepreneurship and Wellbeing," Entrepreneurship Theory and Practice, , vol. 47(2), pages 553-593, March.

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