Integrating Theory and Practice: A Typology of Adversity and Resilience Strategies Among Entrepreneurs

Entrepreneurship involves significant challenges that require resilience. This study examines how entrepreneurs confront and manage adversity by integrating theoretical frameworks with practical experiences. Using Richardson’s (2002) metatheory of resilience and Hartmann et al.’s (2022) adversity typology, we analyze data from semi-structured interviews with 25 diverse entrepreneurs, conducted before and after the pandemic. Our findings identify key resilience strategies and provide a detailed typology of adversity. This research highlights the importance of support systems, self-care practices, and a growth-oriented mindset in fostering entrepreneurial resilience.