Being resilient when experiencing venture failure

Abstract

This article is based on the case study of a New Zealand based entrepreneur and is part of a larger study focused on examining how entrepreneurs stay resilient when experiencing venture failure. Rich descriptions from this case study show that entrepreneurial resilience in the context of venture failure is a combination of the ongoing efforts, hope and acceptance. Spiritual beliefs as well as interactions within the social environment nurture hope and acceptance which helps the entrepreneur in being resilient when dealing with the setback of venture failure.

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