Phenomenological view on entrepreneurial well-being

Pages: 654-663
Sofia A. Kauko-Valli (School of Business and Economics, Ohjelmakaari, University of Jyväskylä)

The present research focuses on family business-owners experience of well-being on the phenomenological level. In this study well-being was defined as a construct consisting of facets of happiness, satisfaction with life, mood and anxiety. Happiness for family business-owners was constructed as satisfaction with life, experiencing balance between challenges and resources in life, experience balance between different roles in life, being appreciated by others and experiencing life as highly meaningful. The findings support the theory of broaden-and-build by illustrating how positive emotions may change the way we interpret the world around us and further how resilience may be built over time.