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Enacting entrepreneurial hustle
Affiliation:1. Kelley School of Business, Indiana University, 1309 E. Tenth Street, Bloomington, IN 47405, USA;2. Rawls College of Business, Texas Tech University, 703 Flint Avenue, Lubbock, TX 79409, USA
Abstract:Success as an entrepreneur requires boldness, creativity, and action in the face of uncertain opportunities and idiosyncratic setbacks. Our recent research elevated and defined the concept of entrepreneurial hustle: an entrepreneur’s urgent, unorthodox actions intended to be useful in addressing immediate challenges and opportunities under conditions of uncertainty. We argue this foundational construct is useful for explaining how successful entrepreneurs behave. Early scholarly research on entrepreneurial hustle has generated meaningful theoretical insights into the concept. In this article, we extend those insights into practical prescriptions for entrepreneurs, corporative innovators, and innovative changemakers, identifying what they might do and how they might use the hustle concept to effectively manage uncertain and ambiguous business scenarios. Furthermore, we examine the potential downsides of hustle and provide practical steps that can be taken to mitigate such risks.
Keywords:Entrepreneurship  Entrepreneurial hustle  Entrepreneurial behavior  Entrepreneurial mindset  Entrepreneurial risks
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