For centuries, a sense of purpose has guided entrepreneurs as one of the main motivators in business.

As recent psychological research confirms, purpose and meaning are key drivers of entrepreneurship.

Furthermore, that study also found that the more potential entrepreneurs believe in their ability to live a meaningful life, reporting statistically higher levels of “existential agency,” the more it motivates them to pursue their goals and view entrepreneurship as helpful for solving societal problems.

The result of purpose-driven entrepreneurship is often the unleashing of creative and imaginative solutions to difficult problems — a dynamic embodied by business leaders all around the world who are being put to the test by the coronavirus pandemic.

Continue reading at The Western Journal.

 

Gonzalo Schwarz is the President and CEO of the Archbridge Institute. Follow his work @gonzaloschwarz and subscribe to his newsletter, Living the Dream.

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