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Is procrastination a “friend or foe”? Building the relationship between fear of the failure and entrepreneurs’ well-being

Bahadur Ali Soomro (Department of Economics, Federal Urdu University of Arts, Science and Technology, Abdul Haq Campus, Karachi)
Naimatullah Shah (College of Business Administration, Al Yamamah University, Riyadh, Saudi Arabia and Department of Public Administration, University of Sindh, Jamshoro, Pakistan)

Journal of Entrepreneurship in Emerging Economies

ISSN: 2053-4604

Article publication date: 13 July 2021

Issue publication date: 1 December 2022

868

Abstract

Purpose

In the present era, entrepreneurs’ well-being is considered a significant factor owing to its strong relationship with entrepreneurship. Therefore, this study aims to investigate the relationship between fear of failure and entrepreneurs’ well-being through the mediating effect of procrastination.

Design/methodology/approach

This study is descriptive, with cross-sectional data obtained through a survey questionnaire distributed randomly in Pakistan. Overall, data from 346 valid cases were used to achieve suitable study outcomes.

Findings

This study’s empirical findings highlight the negative effect of fear of failure on subjective well-being. Fear of failure is found to have a significant positive effect on procrastination. Furthermore, procrastination has a negative effect on subjective well-being. Finally, procrastination has a negative role in mediating the relationship between fear of failure and subjective well-being.

Practical implications

The conceptualization of the fear of failure and procrastination (direct and indirect) in relation to subjective well-being may offer a novel contribution in terms of a framework, policymaking and practice. Policymakers, top management and the government may consider the hindering effects of procrastination and fear of failure on entrepreneurs’ well-being and ventures’ success. The study findings may also enrich views in the literature on entrepreneurship and management, particularly in the developing country context.

Originality/value

This study could be helpful in eradicating the traps of procrastination and fear of failure, raising entrepreneurs’ confidence and levels of activity.

Keywords

Citation

Soomro, B.A. and Shah, N. (2022), "Is procrastination a “friend or foe”? Building the relationship between fear of the failure and entrepreneurs’ well-being", Journal of Entrepreneurship in Emerging Economies, Vol. 14 No. 6, pp. 1054-1071. https://doi.org/10.1108/JEEE-12-2019-0191

Publisher

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Emerald Publishing Limited

Copyright © 2021, Emerald Publishing Limited

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