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Latent profiles of personality, temperament, and eudaimonic well-being: Comparing life satisfaction and health outcomes among entrepreneurs and employees

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  • Gish, J. Jeffrey
  • Guedes, Maria João
  • Silva, Bárbara G.
  • Patel, Pankaj C.

Abstract

Considerable research finds that entrepreneurs enjoy higher subjective well-being than wage-earning employees. At the same time, entrepreneurship is uniquely stressful for founders, who generally have high levels of personal commitment to the business and often higher workloads than wage employees. This highlights a tension in entrepreneurship research where it is unclear how self-employment influences well-being. This research seeks to resolve some existing tensions by tackling complex constellations of well-being profiles among both entrepreneurs and wage employees. Our latent profile analysis and commentary suggest the multifaceted nature of self-employment experiences, straddling both personal and business goals that may not always be hedonic, as an important consideration for future research on entrepreneurial well-being.

Suggested Citation

  • Gish, J. Jeffrey & Guedes, Maria João & Silva, Bárbara G. & Patel, Pankaj C., 2022. "Latent profiles of personality, temperament, and eudaimonic well-being: Comparing life satisfaction and health outcomes among entrepreneurs and employees," Journal of Business Venturing Insights, Elsevier, vol. 17(C).
    • Handle: RePEc:eee:jobuve:v:17:y:2022:i:c:s2352673421000718
    DOI: 10.1016/j.jbvi.2021.e00293
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    Cited by:

    1. Dwyer, Sean M. & Lerman, Michael & Gras, David, 2023. "When the going gets tough: Stressors and purpose in life among social and commercial entrepreneurs," Journal of Business Venturing Insights, Elsevier, vol. 20(C).
    2. Howard, Matt C., 2023. "Creation of the entrepreneurial personality scale: Removing conceptual and empirical barriers from the study of personality and entrepreneurship," Journal of Business Venturing Insights, Elsevier, vol. 20(C).
    3. Andrew Soren & Carol D. Ryff, 2023. "Meaningful Work, Well-Being, and Health: Enacting a Eudaimonic Vision," IJERPH, MDPI, vol. 20(16), pages 1-21, August.
    4. Aishwarya Kakatkar & Holger Patzelt & Nicola Breugst, 2024. "Towards a Dynamic Model of Entrepreneurial Energy," Entrepreneurship Theory and Practice, , vol. 48(4), pages 1037-1081, July.
    5. Víctor Hugo Fernández-Bedoya & Monica Elisa Meneses-La-Riva & Josefina Amanda Suyo-Vega & Johanna de Jesús Stephanie Gago-Chávez, 2023. "Entrepreneurship Research in Times of COVID-19: Experiences from South America," Sustainability, MDPI, vol. 15(7), pages 1-17, March.

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