20.500.12556/RUL-177837 Sweat for success pathways between entrepreneurs’ physical exercise, grit, well-being and firm performance Purpose - The aim of this study is to conceptualise and test the role of physical exercise and entrepreneurial grit as a critical personal resource in maintaining entrepreneurs' well-being and firm performance. Design/methodology/approach - This study uses data from multiple sources collected at different points in time. It combines self-reported data collected from a sample of 203 entrepreneurs with lagged objective financial performance data of their firms over 4 years. Using structural equation modelling the authors describe the effects of grit and different types of physical exercise on entrepreneurs' well-being and firm performance. Findings - The study finds that grit mediates the relationship between moderate-to-vigorous physical exercise and the entrepreneur's well-being. The authors also demonstrate a non-linear effect between exercise and subjective well-being, suggesting diminishing returns of exercise at very high levels. Finally, the study finds that the entrepreneur's well-being has a significant impact on organisational performance over time. Originality/value - This study's theorising and empirical testing integrates disparate strands of literature on entrepreneurial well-being and firm performance by clarifying the micro-processes at the entrepreneur level that influence firm performance in the long term. entrepreneurs recreation health well-being company performance physical exercise grit firm performance podjetnik rekreacija zdravje dobro počutje poslovanje podjetja true false true Angleški jezik Slovenski jezik Članek v reviji 2026-01-09 09:47:57 2026-01-09 09:48:03 2026-01-10 04:27:53 0000-00-00 00:00:00 2026 0 0 Str. 26-48 no. 11 Vol. 32 2026 0000-00-00 Zaloznikova Objavljeno NiDoloceno 0000-00-00 0000-00-00 0000-00-00 658 1355-2554 10.1108/IJEBR-12-2024-1387 263009795 ijebr-12-2024-1387en.pdf ijebr-12-2024-1387en.pdf 1 A1D7BD5A912DC7B330C51B051EA59C23 5df6694c837ad16a76117bc026eddaf1d16fba9ed52733cc3c6172bc5e31e892 0af50f03-ed6d-11f0-bf92-0050569b8976 https://repozitorij.uni-lj.si/Dokument.php?lang=slv&id=225236 https://www.emerald.com/ijebr/article/32/11/26/1332257/Sweat-for-success-pathways-between-entrepreneurs 0 15850b91-ed38-11f0-bf92-0050569b8976 https://repozitorij.uni-lj.si/Dokument.php?lang=slv&id=225188 Ekonomska fakulteta 0 0 0