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Social Support Networks and Their Role in Entrepreneurial Well-Being
Abstract
This chapter explores the critical role of social support networks in enhancing entrepreneurial well-being and success. It examines the types of social support, including emotional, informational, and instrumental support, and their impact on mental health, resilience, and business outcomes. The chapter discusses the evolving nature of these networks in the digital age, highlighting the influence of technology and online platforms in fostering connections among entrepreneurs. Additionally, it addresses the challenges faced in building and maintaining meaningful relationships within support networks and provides strategies for cultivating effective connections. Future trends, such as increased digitalization, AI integration, and a focus on diversity and inclusion, are also considered. By understanding and leveraging social support networks, entrepreneurs can create robust ecosystems that contribute to personal and professional growth.
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