Entrepreneurship is a Virus
New research shows entrepreneurial passion spreads rapidly between founders, like a virus.
This Research Shows Entrepreneurial Passion is Contagious
Are you wired to catch entrepreneurial passion from those around you? New research suggests the answer is yes!
A fascinating study published in the Journal of Business Venturing tracked entrepreneurs going through an accelerator program together over several months. Using advanced social network analysis, the researchers found that passion for founding new ventures spreads rapidly between peer entrepreneurs like a contagion.
Entrepreneurs who expressed more passion for startup activities like pitching, fundraising, and launching tended to form stronger social ties with one another. And once connected, they infected each other with even higher levels of enthusiasm and excitement for the entrepreneurial journey.
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This networking effect was especially strong within startup teams - founders quickly converged in their passion levels from working closely together day after day.
Surprisingly, the researchers did NOT find these contagion effects for passion for inventing. So while the drive to build a company seems infectious, the urge to create new products apparently needs to be more purposefully selected for.
The implications are clear - if you want to catch startup fever, surround yourself with passionate founders! Their energy and excitement will likely rub off on you faster than you think.
This research adds passion to the conversation around how entrepreneurial teams form and underscores the power of social networks to shape emotions and motivation. It also suggests startup programs should be strategic in designing peer interactions that ignite passion.
Let me know what you think! Is passion something that can spread entrepreneur to entrepreneur? Have you experienced these contagion effects firsthand?
I can completely see this, even as a content creator, I can see the entrepreneurship in those around me and I gotta admit it's making me more focused and driven. Great article!