JOURNAL OF ECONOMICS EDUCATION AND ENTREPRENEURSHIP
Vol 7, No 2 (2026): JEE, AUGUST 2026

Fear of Failure vs Growth Mindset: Obstacle or Accelerator to the Courage to Start a Business?

Damas Gianlugi Alrizqi (Faculty of Economics and Business, Universitas Negeri Makassar)
Sumiati Tahir (Unknown)
Siti Nardiyah Muhrami (Faculty of Economics and Business, Universitas Negeri Makassar)
Nurul Haeriyah Ridwan (Faculty of Economics and Business, Universitas Negeri Makassar)
Edy Suryanto (Faculty of Treacher and Training, Universitas Lambung Mangkurat)



Article Info

Publish Date
30 Aug 2026

Abstract

This study aims to analyze the influence of fear of failure and growth mindset on the courage to start a business among economics students in Makassar, with entrepreneurial self-efficacy as a mediating variable. The study employs an explanatory quantitative approach and uses a cross-sectional survey of 150 purposively selected respondents. Data analysis was performed using SEM-PLS in WarpPLS 8.0. The results showed that a growth mindset had a positive effect on entrepreneurial self-efficacy and the courage to start a business, and entrepreneurial self-efficacy had a positive impact on the courage to start a business. Conversely, fear of failure had no significant effect on either entrepreneurial self-efficacy or the courage to start a business. The mediation test confirmed that entrepreneurial self-efficacy mediates the impact of growth mindset on the courage to start a business, but does not mediate the effect of fear of failure. These findings emphasize the importance of strengthening a growth mindset and self-efficacy to encourage students to take the courage to start a business.

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Journal Info

Abbrev

jee

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education

Description

Journal of Economics Education and Entrepreneurship (JEE) is a journal that was started publishing in 2020 in the Economics Education Study Program, Faculty of Teacher Training and Education, Universitas Lambung Mangkurat. JEE is a collection of research articles and studies of lecturers, ...