Originally posted in our July 2025 Top of Mind Newsletter.
This study from the Small Business Institute Journal explores how entrepreneurs develop resilience and engage with a variety of adverse situations. Through their findings, they identify three “waves” of resiliency.
The first wave is defined as resilient qualities, shaped by character and circumstances. The second wave, the resiliency process, focuses on how entrepreneurs consciously and unconsciously interpret challenges to develop resiliency, regardless of personality traits. The third wave, innate resilience, emerges from practicing this process, often leading to a deeper sense of purpose beyond oneself.