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Title: :  STARTUP SUCCESS: A PHENOMENOLOGICAL STUDY ON SMALL BUSINESS STARTUPS
PaperId: :  21220
Published in:   International Journal Of Advance Research And Innovative Ideas In Education
Publisher:   IJARIIE
e-ISSN:   2395-4396
Volume/Issue:    Volume 9 Issue 4 2023
DUI:    16.0415/IJARIIE-21220
Licence: :   IJARIIE is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Author NameAuthor Institute
MARY LOVELY SUZZETH P. MENDEZDAVAO ORIENTAL STATE UNIVERSITY
HANNAH A. CUBILLANDAVAO ORIENTAL STATE UNIVERSITY

Abstract

Business
start up, small business, key factors, success, business failure
The research sheds light on the significance of the real-world experiences of Cateel's small-business owners. This study took a phenomenological approach to its data collection. The data collection process included the utilization of a recorded in-depth interview. In addition to that, thematic analysis was performed. Results showed that successful small business owners initiate a series of activities to provide for themselves and their families. They ensure that the business activities are profitable to sustain their daily needs and prevent the business from failing, and they resort to successful business transactions. Furthermore, the selected successful small business owners revealed their ways of changing business behaviors and practices in light of failure. Accordingly, business owners should not resort to giving up, even amid a failing business. If there are failures in business, they should not be discouraged. Instead, they should continue to pursue business success while remaining humble. They must refrain from overspending money and constantly monitor business transactions as they are the ones in possession of the business money. The following are the key factors affecting the success or failure of the business: lack of adequate capital, establishing a business location, obtaining human resources; and competing with other businesses. This study advises dealing with problems and challenges when starting a business. This will help start-ups avoid failure in the early stages.

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IJARIIE MARY LOVELY SUZZETH P. MENDEZ, and HANNAH A. CUBILLAN. "STARTUP SUCCESS: A PHENOMENOLOGICAL STUDY ON SMALL BUSINESS STARTUPS" International Journal Of Advance Research And Innovative Ideas In Education Volume 9 Issue 4 2023 Page 1380-1389
MLA MARY LOVELY SUZZETH P. MENDEZ, and HANNAH A. CUBILLAN. "STARTUP SUCCESS: A PHENOMENOLOGICAL STUDY ON SMALL BUSINESS STARTUPS." International Journal Of Advance Research And Innovative Ideas In Education 9.4(2023) : 1380-1389.
APA MARY LOVELY SUZZETH P. MENDEZ, & HANNAH A. CUBILLAN. (2023). STARTUP SUCCESS: A PHENOMENOLOGICAL STUDY ON SMALL BUSINESS STARTUPS. International Journal Of Advance Research And Innovative Ideas In Education, 9(4), 1380-1389.
Chicago MARY LOVELY SUZZETH P. MENDEZ, and HANNAH A. CUBILLAN. "STARTUP SUCCESS: A PHENOMENOLOGICAL STUDY ON SMALL BUSINESS STARTUPS." International Journal Of Advance Research And Innovative Ideas In Education 9, no. 4 (2023) : 1380-1389.
Oxford MARY LOVELY SUZZETH P. MENDEZ, and HANNAH A. CUBILLAN. 'STARTUP SUCCESS: A PHENOMENOLOGICAL STUDY ON SMALL BUSINESS STARTUPS', International Journal Of Advance Research And Innovative Ideas In Education, vol. 9, no. 4, 2023, p. 1380-1389. Available from IJARIIE, https://ijariie.com/AdminUploadPdf/STARTUP_SUCCESS__A_PHENOMENOLOGICAL_STUDY_ON_SMALL_BUSINESS_STARTUPS_ijariie21220.pdf (Accessed : ).
Harvard MARY LOVELY SUZZETH P. MENDEZ, and HANNAH A. CUBILLAN. (2023) 'STARTUP SUCCESS: A PHENOMENOLOGICAL STUDY ON SMALL BUSINESS STARTUPS', International Journal Of Advance Research And Innovative Ideas In Education, 9(4), pp. 1380-1389IJARIIE [Online]. Available at: https://ijariie.com/AdminUploadPdf/STARTUP_SUCCESS__A_PHENOMENOLOGICAL_STUDY_ON_SMALL_BUSINESS_STARTUPS_ijariie21220.pdf (Accessed : )
IEEE MARY LOVELY SUZZETH P. MENDEZ, and HANNAH A. CUBILLAN, "STARTUP SUCCESS: A PHENOMENOLOGICAL STUDY ON SMALL BUSINESS STARTUPS," International Journal Of Advance Research And Innovative Ideas In Education, vol. 9, no. 4, pp. 1380-1389, Jul-Aug 2023. [Online]. Available: https://ijariie.com/AdminUploadPdf/STARTUP_SUCCESS__A_PHENOMENOLOGICAL_STUDY_ON_SMALL_BUSINESS_STARTUPS_ijariie21220.pdf [Accessed : ].
Turabian MARY LOVELY SUZZETH P. MENDEZ, and HANNAH A. CUBILLAN. "STARTUP SUCCESS: A PHENOMENOLOGICAL STUDY ON SMALL BUSINESS STARTUPS." International Journal Of Advance Research And Innovative Ideas In Education [Online]. volume 9 number 4 ().
Vancouver MARY LOVELY SUZZETH P. MENDEZ, and HANNAH A. CUBILLAN. STARTUP SUCCESS: A PHENOMENOLOGICAL STUDY ON SMALL BUSINESS STARTUPS. International Journal Of Advance Research And Innovative Ideas In Education [Internet]. 2023 [Cited : ]; 9(4) : 1380-1389. Available from: https://ijariie.com/AdminUploadPdf/STARTUP_SUCCESS__A_PHENOMENOLOGICAL_STUDY_ON_SMALL_BUSINESS_STARTUPS_ijariie21220.pdf
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