Enacting entrepreneurial hustle
Donald F. Kuratko,
Devin Burnell,,
Regan Stevenson,
Emily Neubert and
Greg Fisher
Business Horizons, 2023, vol. 66, issue 2, 237-249
Abstract:
Success as an entrepreneur requires boldness, creativity, and action in the face of uncertain opportunities and idiosyncratic setbacks. Our recent research elevated and defined the concept of entrepreneurial hustle: an entrepreneur’s urgent, unorthodox actions intended to be useful in addressing immediate challenges and opportunities under conditions of uncertainty. We argue this foundational construct is useful for explaining how successful entrepreneurs behave. Early scholarly research on entrepreneurial hustle has generated meaningful theoretical insights into the concept. In this article, we extend those insights into practical prescriptions for entrepreneurs, corporative innovators, and innovative changemakers, identifying what they might do and how they might use the hustle concept to effectively manage uncertain and ambiguous business scenarios. Furthermore, we examine the potential downsides of hustle and provide practical steps that can be taken to mitigate such risks.
Keywords: Entrepreneurship; Entrepreneurial hustle; Entrepreneurial behavior; Entrepreneurial mindset; Entrepreneurial risks (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:bushor:v:66:y:2023:i:2:p:237-249
DOI: 10.1016/j.bushor.2022.06.007
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