The emergence of desperate optimists: Μanaging the start-up working life in times of crisis


Published: Feb 7, 2020
Keywords:
coworking precarious labour start-up entrepreneurship
Antigoni Papageorgiou
https://orcid.org/0000-0001-5307-7878
Abstract

The deepening of sovereign debt crisis has resulted into the increasing visibility of coworking spaces, hubs, and start-ups which have all proliferated in the Athenian downtown area. Due to poor job prospects, an on growing number of high-skilled young employees have been engaged into entrepreneurial activities. This paper offers vivid accounts of the ways young entrepreneurs manage their start-up working life by analyzing its qualities and the ways they shape their entrepreneurial self. As this qualitative study reveals, young entrepreneurs have a demanding working pattern that directly affects their work-life balance. However, despite its precarious and uneven nature, entrepreneurial career is experienced as a highly rewarding and creative choice. At the same time, young entrepreneurs repudiate necessity being as one of their fundamental entrepreneurial motives and they consistently brand themselves as passionate and aspiring individuals. By being based at a hub and pursuing entrepreneurial activities that hold the promise of getting paid doing what they love, I argue that we currently witness the emergence of “desperate optimists”: a workforce which eagerly accepts its precarious conditions of work, cultivates a deep and profound connection with their occupation and for that reason undertakes the risk of acting entrepreneurially.

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Author Biography
Antigoni Papageorgiou, University of Leeds
PhD Candidate, School of Performance and Cultural Industries, University of Leeds, UK
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