Satisfaction with Life as an Entrepreneur: From Early Volition to Eudaimonia

Nadav Shir (), Johan Wiklund () and Srikant Manchiraju ()
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Nadav Shir: Ono Academic College
Johan Wiklund: Syracuse University
Srikant Manchiraju: Florida State University

Journal of Business Ethics, 2025, vol. 199, issue 4, No 7, 777-798

Abstract: Abstract This study explores how being satisfied with one’s life as an entrepreneur is a crucial ethical and psychological outcome of early volition and, subsequently, a vital resource in the development of a richer eudaimonic experience from entrepreneurship. We develop and test our predictions based on two independent datasets: American and Swedish business owners and early stage entrepreneurs. We argue and demonstrate that satisfaction with life as an entrepreneur conveys a distinct state of entrepreneurial well-being and constitutes a crucial self-evaluation which mediates the effects of early volition in entrepreneurship on long-term eudaimonia. We contribute to the emerging conversations on entrepreneurship, business ethics, and well-being.

Keywords: Entrepreneurship; Eudaimonia; Entrepreneurial life satisfaction; Ethics; Volition; Freedom; Autonomy; Gender; Psychological well-being; Entrepreneurial well-being (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1007/s10551-024-05832-7

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