The Intersection of Self-Actualization, Entrepreneurship and Transformational Leadership: A Review of Maslow’s Perspective of Eupsychian Management

An entrepreneur is often associated with venture creation through what could be termed as a bold undertaking, a process of treading an unfamiliar terrain characterized by overwhelming challenges known as entrepreneurship. Similarly, the self-actualizing individual is perceptive of possibilities and engaged in pursuits of interest that the multitude could otherwise be deemed unattainable. These two share commonalities akin to commitment to a purpose, meaningful enough to be sustainable, and yet do not operate in isolation. They both work to inspire, motivate and organize people with a shared vision in the direction of their dreams through transformational leadership. Interestingly, there seems to be a point of convergence that characterizes the seemingly varied motives, leadership style, and what could be seen as a distinct set of attributions in the definitions of an entrepreneur and the self-actualizing individual. This possibility stems from the assumption that the quest for entrepreneurial success is more or less associated with the need for self-actualization and forms the phenomena of interest this paper aims to explore to establish a meaningful convergence. Drawing from qualitative analysis of related literature and Abraham Maslow’s works, the effort has been made towards this end. The findings revealed a synchronized form of the phenomena with implications that resonate around Maslow’s Idea of Eupsychian Management with a recommendation for practical adoption of the concept.