Enhancing Entrepreneurial Excellence

Enhancing Entrepreneurial Excellence

Tools for Making the Possible Real

Robert A. Baron

The field of entrepreneurship has long pondered the following question: Why, despite their high levels of motivation, effort and commitment, do so many entrepreneurs fail? This innovative volume tackles the complex question of entrepreneurial success, identifying the essential tools necessary for converting ideas into reality and offering concrete means for acquiring and strengthening those tools.

Chapter 8: Managing adversity: dealing with stress, learning from our mistakes, and coping with failure

Robert A. Baron

Subjects: business and management, entrepreneurship


Stress: its basic nature, and how to manage it successfully Stress: its devastating effects Coping strategies: contrasting ways of dealing with stress Why some people—including entrepreneurs—are better at handling stress Learning from our mistakes: one reason why there is often strength in adversity Imagining a better way: counterfactual thinking How to give—and accept—criticism Dealing with failure—and building personal well-being Effects of business failure: financial, social, psychological Learning from business failure—and bouncing back Subjective well-being: a protective shield against the effects of adversity

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