Author:
Andringa Siets,Poulston Jill,Pernecky Tomas
Abstract
Purpose
The purpose of this study is to investigate the motivational factors behind the transition of successful hospitality entrepreneurs in New Zealand, back into paid employment.
Design/methodology/approach
In all, 16 interviewees were recruited using the snowball technique and their stories examined using a narrative analysis technique.
Findings
Motivational factors were categorised into seven themes of family, work–life balance, health and stress, age, planned exit, stagnation and intuition. Poor work–life balance was identified as a consistent factor in decisions to sell hospitality businesses. Although lifestyles were self-imposed, they were exacerbated by the conflicting needs of family, customers and the owners themselves, several of whom worked to exhaustion.
Research limitations/implications
Implications for prospective entrepreneurs include considerations of work–life balance and the true costs of hospitality business ownership.
Originality/value
This is the first study of motivations for leaving a successful hospitality business and moving into paid employment. As research is sparse on reasons for this transition, this study provides an understanding of this phenomenon and insights into the extraordinary challenges of hospitality entrepreneurship in New Zealand.
Subject
Tourism, Leisure and Hospitality Management
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