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All Journal JDM (Jurnal Dinamika Manajemen) SOSIOLOGI NUSANTARA JOIV : International Journal on Informatics Visualization Asia-Pacific Management and Business Application Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan Jurnal Mantik Jurnal Ekonomi Manajemen Sistem Informasi Jurnal Ilmiah Edunomika (JIE) Jurnal Manajemen Universitas Bung Hatta AMAR (Andalas Management Review) Jurnal Kaharati The South East Asian Journal of Management Paradoks : Jurnal Ilmu Ekonomi Jurnal Informatika Ekonomi Bisnis Jurnal Riset Multidisiplin dan Inovasi Teknologi Jurnal Research Ilmu Pertanian
Hafiz Rahman, Hafiz
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Agriculture, Biological Sciences & Forestry Humanities Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Engineering Environmental Science Languange, Linguistic, Communication & Media Public Health Social Sciences

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Too Much Passion Kills You? The Evidence of Individuals’ Passion in Entrepreneurial Failure Rahman, Hafiz; Besra, Eri; Nurhayati, Nurhayati
APMBA (Asia Pacific Management and Business Application) Vol. 8 No. 3 (2020)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ub.apmba.2020.008.03.7

Abstract

This paper examines and discusses the presence of individuals’ passion as a psychological construct that may cause entrepreneurial failure – with particular context and analysis to the failed nascent entrepreneurs in one of the largest port city in Sumatera island, Padang, Indonesia. This paper uses quantitative study with relational approach, and was undertaken with 180 failed nascent entrepreneurs in Padang. Data and information were collected by using a questionnaire as a cross-sectional cohort data and were further analyzed with Structural Equation Modelling (SEM) and supported by PLS 3.0 as the statistical tool. Both the process and the content framework were used to show the logic of methodology according to the dualistic model of passion) and their relationship with entrepreneurial failure. The study found that individuals’ harmonious passion in entrepreneurship should also be considered as a cause of entrepreneurial failure, meanwhile the obsessive passion is significantly found to influence entrepreneurial failure. This study implies that entrepreneurs should consider and make clear boundaries between psychological push and rationality when they start new ventures. This paper has value and originality in terms of the examination and analysis of individuals’ passion as a psychological construct that causes entrepreneurial failure. In different with other researches and studies which have merely viewed the passion as a source of entrepreneurial success, this study views and argues that individuals’ passion either is categorized as harmonious or obsessive passions (especially when it is uncontrollable) may also cause the entrepreneurial failure. 
Co-Authors Adilla, Maharani Adrianto, Fajri Afifah Alizar Hasan Amalia, Sofi annisa rahman Defri Rahman Donard Games Elfindri Elfindri, Elfindri ERI BESRA, ERI Fahmy, Rahmi Harif Amali Rivai Hasnah Henmaidi Henmaidi, Henmaidi Honesty Sinurat Ikhwan Arief Lasti Yossi Hastini Matondang, Rizki Ma’ruf Melinda Noer Nilda Tri Putri Nofrianti Nofrianti Nurhayati Nurhayati Oejoen, Genggam Arsuma Putri Uyun, Azane Rahayu Quientania, Femy Rina Febrinova, Rina Salim, Brendan Nicholas Siswowiyanto, Hanjaya Putra Suwatri, Meriska Vera Pujani Yoerdan, Gebrilla