WHY DO ENTREPRENEURS LEAVE ENTREPRENEURSHIP? EXPLORATORY STUDY FROM LAHORE, PAKISTAN

The purpose of this study was to find out the factors that are responsible for entrepreneurs to quit entrepreneurship and join the job industry. This qualitative study was designed to fulfill the objectives via interviewing ex-entrepreneurs and getting first-hand information from business owners...

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Main Authors: Salman Zafar, Muhammad Rizwan Saleem Sandhu, Muhammad Zaheer
Format: Article
Language:English
Published: Hailey College of Banking and Finance, University of the Punjab Lahore 2022-06-01
Series:International Journal of Business Reflections
Subjects:
Online Access:http://journals.pu.edu.pk/journals/index.php/ijbr/article/view/5076
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author Salman Zafar
Muhammad Rizwan Saleem Sandhu
Muhammad Zaheer
author_facet Salman Zafar
Muhammad Rizwan Saleem Sandhu
Muhammad Zaheer
author_sort Salman Zafar
collection DOAJ
description The purpose of this study was to find out the factors that are responsible for entrepreneurs to quit entrepreneurship and join the job industry. This qualitative study was designed to fulfill the objectives via interviewing ex-entrepreneurs and getting first-hand information from business owners themselves who had faced the problem in their business tenure. Interviewing the respondents brought out a number of factors that had ultimately forced them to wind up their businesses. These factors were then carved out broadly categorized as internal or external factors which led to either managerial or financial reasons. Conducting this research was a tedious task as people are not willing to share their previous or unpleasant memories furthermore. They were hesitant to share a part of their personal life experience. Due to limited resources and time the research was conducted in the city of Lahore which and therefore limited in its scope. Nevertheless, this study has produced credible information which can be useful for future entrepreneurs.
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spelling doaj.art-e98e482364b04e08a992ffed6f84c1f42022-12-22T04:19:14ZengHailey College of Banking and Finance, University of the Punjab LahoreInternational Journal of Business Reflections2708-92902708-93042022-06-0131335510.56249/ijbr.03.01.26WHY DO ENTREPRENEURS LEAVE ENTREPRENEURSHIP? EXPLORATORY STUDY FROM LAHORE, PAKISTANSalman Zafar0Muhammad Rizwan Saleem Sandhu1Muhammad Zaheer2Government College University, Lahore, PakistanVirtual University of Pakistan. Virtual University of PakistanThe purpose of this study was to find out the factors that are responsible for entrepreneurs to quit entrepreneurship and join the job industry. This qualitative study was designed to fulfill the objectives via interviewing ex-entrepreneurs and getting first-hand information from business owners themselves who had faced the problem in their business tenure. Interviewing the respondents brought out a number of factors that had ultimately forced them to wind up their businesses. These factors were then carved out broadly categorized as internal or external factors which led to either managerial or financial reasons. Conducting this research was a tedious task as people are not willing to share their previous or unpleasant memories furthermore. They were hesitant to share a part of their personal life experience. Due to limited resources and time the research was conducted in the city of Lahore which and therefore limited in its scope. Nevertheless, this study has produced credible information which can be useful for future entrepreneurs. http://journals.pu.edu.pk/journals/index.php/ijbr/article/view/5076business failuresmall businessfailure factors
spellingShingle Salman Zafar
Muhammad Rizwan Saleem Sandhu
Muhammad Zaheer
WHY DO ENTREPRENEURS LEAVE ENTREPRENEURSHIP? EXPLORATORY STUDY FROM LAHORE, PAKISTAN
International Journal of Business Reflections
business failure
small business
failure factors
title WHY DO ENTREPRENEURS LEAVE ENTREPRENEURSHIP? EXPLORATORY STUDY FROM LAHORE, PAKISTAN
title_full WHY DO ENTREPRENEURS LEAVE ENTREPRENEURSHIP? EXPLORATORY STUDY FROM LAHORE, PAKISTAN
title_fullStr WHY DO ENTREPRENEURS LEAVE ENTREPRENEURSHIP? EXPLORATORY STUDY FROM LAHORE, PAKISTAN
title_full_unstemmed WHY DO ENTREPRENEURS LEAVE ENTREPRENEURSHIP? EXPLORATORY STUDY FROM LAHORE, PAKISTAN
title_short WHY DO ENTREPRENEURS LEAVE ENTREPRENEURSHIP? EXPLORATORY STUDY FROM LAHORE, PAKISTAN
title_sort why do entrepreneurs leave entrepreneurship exploratory study from lahore pakistan
topic business failure
small business
failure factors
url http://journals.pu.edu.pk/journals/index.php/ijbr/article/view/5076
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AT muhammadzaheer whydoentrepreneursleaveentrepreneurshipexploratorystudyfromlahorepakistan