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Work-Life Balance of Entrepreneur

Horcicková, Iveta (2023)

 
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Horcicková, Iveta
2023
All rights reserved. This publication is copyrighted. You may download, display and print it for Your own personal use. Commercial use is prohibited.
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2023053016285
Tiivistelmä
This study aimed to investigate how entrepreneurs achieve a healthy work-life balance, identify the factors that influence their balance, examine the impact of entrepreneurship on their overall well-being, understand how they navigate the boundaries between work and family, and determine their strategies for managing time effectively.

The research employed a qualitative approach, conducting semi-structured interviews with entrepreneurs working in Finland, representing diverse nationalities, genders, and age groups ranging from 35 to 50. These entrepreneurs, who also have families, possessed a range of entrepreneurial experience spanning from 3 to 20 years.

Various sources, such as books, articles, and journals were utilized to gather relevant information from existing literature. The theoretical framework encompassed definitions of entrepreneurship, work-life balance of entrepreneurs, well-being of entrepreneurs, boundaries domains, and time management.

Special interview questions were designed based on the theory. The interviews were conducted through face-to-face interactions and email correspondence. The data collected from these interviews were transcribed, categorized into thematic patterns, analyzed, and represented.

The findings revealed that entrepreneurs achieve work-life balance through factors such as receiving support from their families and implementing effective time management techniques. While having a family has a positive influence on balance, it also introduces additional demands. The study also highlighted that stress related to income uncertainty and the early stages of entrepreneurship can negatively impact work-life balance, whereas experienced entrepreneurs in later stages tend to enjoy better well-being due to the autonomy and flexibility they have attained.

Effective communication, strategic planning, and efficient time management were identified as crucial in preventing conflicts between work and family responsibilities. Exerting control over scheduling, and effectively prioritizing tasks were key strategies employed by entrepreneurs.
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