Beyond 9 to 5. The Art of Hybrid Entrepreneurship
Bogdan Marculescu
Publication date: November, 2023
Pages: 290, colour
ISBN 978-615-6696-02-1 Paperback, €45.00
ISBN 978-615-6696-01-4 Hardcover, €76.00
eISBN 978-615-6696-03-8 eBook, €45.00
For any unavailable copies on our website, please refer to our distributors: ISD LLC for North and South America and EUROSPAN for Europe and the rest of the world.
Foreword by Stuart Perrin
Introduction
PART I. THE ENTREPRENEURS
CHAPTER 1. Society’s Risk Takers
Curiosity
Risk-taking
Differences between full-time and hybrid entrepreneurs
CHAPTER 2. The Author’s Journey, Part 1
CHAPTER 3. Hybrid Entrepreneurship Defined
Hybrid entrepreneurship vs. the gig economy
Hybrid entrepreneurship and the new generations
Which came first?
CHAPTER 4. Hybrid Entrepreneurship—the Future of Work
Opportunities
Entrepreneurs of the future
Young HEs
Retirement and HEs
Learning from past HEs
The upside of hybrid entrepreneurship
Challenges of hybrid entrepreneurship
Hurdles faced by hybrid entrepreneurs
Workplace factors
It’s all fun and games
PART II. THE PEOPLE
CHAPTER 5. The Interviews
Interviews with hybrid entrepreneurs
Interviews with employees
Interviews with full-time entrepreneurs
CHAPTER 6. Meet Some Hybrid Entrepreneurs
The lesser educated employee with a side business
The highly-educated employee with a side business
The single mom employee with a side business
CHAPTER 7. The Author’s Journey, Part 2
CHAPTER 8. Hybrid Entrepreneur Motivation
Phenomenological analysis of interviews
Comparing hybrid entrepreneurs with employees
Comparing hybrid entrepreneurs with full-time entrepreneurs
Differences between hybrid and non-hybrid entrepreneurship
Comparing hybrid entrepreneurs, full-time entrepreneurs, and employees
Financial reasons
Social reasons
Career reasons
Other reasons
CHAPTER 9. Early Experiences and Income Focus
Family involved in business
The influence of peers
Growing professionally
Supportive family environment
Early age struggle
Assertive, rebellious nature
Lack of Resources
CHAPTER 10. Enabling Factors
Supportive work environment
Entrepreneurial freedom
Mentorship
Smooth startup
Planning
Helpful partnerships
CHAPTER 11. Personal Factors
Desire to be independent
Passion
Self-efficacy
Willingness to take risks
Curiosity
Good values
Leadership
Searching actively for opportunities (alertness)
Willingness to work hard
Materialistic inclinations
Being socially active
Attitude towards failure
Focus on financial stability
Having something to prove
PART III. THE PLACES
CHAPTER 12. World History of Entrepreneurship
CHAPTER 13. West vs. East
Hybrid entrepreneurship in ex-communist countries
Secret hybrid entrepreneurship
CHAPTER 14. Success in Hybrid Entrepreneurship Industries
Technology / IT
Automotive industry
Food industry
Middle management
Drivers
Retail add-ons / e-commerce
Healthcare
Consumer goods
PART IV. THE CONTEXTS
CHAPTER 15. Various Paths to Hybrid Entrepreneurship
Opportunity discovered
Entrepreneurial learning
Economic materialism
Cultural materialism and entrepreneurship
The role of religion
CHAPTER 16. New Theory
Early life experiences and decisions
Early life experiences that led to employment
Early life experiences that led toward entrepreneurship
Transitions from employment
Transitions from employment to full-time entrepreneurship
Employment to hybrid entrepreneurship
Deciding to stay with employment
Hybrid entrepreneurs continue as hybrid entrepreneurs
Hybrid entrepreneurs to full-time entrepreneurs
Hybrid entrepreneurs in a nutshell
Data sheet
- Author(s)
- Bogdan Marculescu
- Book series
- Engineering and Management
- Book series editor(s)
- Gabriela Prostean
- ISBN (hardcover)
- 978-615-6696-01-4
- ISBN (paperback)
- 978-615-6696-02-1
- eISBN
- 978-615-6696-03-8
- Publication date
- November, 2023
- Page numbers
- 290
Specific References
'Beyond 9 to 5: The Art of Hybrid Entrepreneurship' is a timely and transformative book that charts a course for success in the new world of work. Through its insightful guidance, interviews, analyses, and unwavering belief in the potential of every individual to become a hybrid entrepreneur, this book is your indispensable companion on the journey to financial independence and personal fulfillment. Get ready to step 'beyond 9 to 5' and embark on a path of limitless possibilities.
In the coming years, the standard workweek will likely become a relic of the past, and the ways in which we earn a living will undergo profound transformations. For many, this may entail reduced hours and income in their primary employment. In this context, the ability to monetize one's time outside 9-to-5 becomes increasingly vital. ‘Beyond 9 to 5’ thus presents a powerful argument: anyone can learn the art of starting a profitable side business. The journey from novice to entrepreneur is a path that is accessible to all, through hybrid entrepreneurship, regardless of their background or prior experience.
The core message of the book resonates clearly: in the evolving world of work, it is essential to see oneself not merely as an employee, but as a creative and resourceful individual. 'Beyond 9 to 5' encourages readers to embrace their roles as intrapreneurs and hybrid entrepreneurs, seizing opportunities to generate income beyond the confines of traditional employment. In an era where change is the only constant, individuals must be adept at identifying and capitalizing on opportunities of all kinds.
With a career spanning over two decades, Dr. Bogdan Marculescu has seamlessly navigated the corporate, entrepreneurial, and academic landscapes. His commitment to business education led him to pursue advanced degrees, including an MBA and a Doctorate in Business Administration. Furthering his academic journey, he obtained a second doctorate, a PhD in Management from West University of Timisoara in Romania, where his pioneering research, employing a fusion of quantitative and qualitative approaches, pushed the boundaries of entrepreneurship studies.
Dr. Marculescu's entrepreneurial spirit mirrored his interests in education, as he initiated and effectively transferred several ventures to larger corporations. Dr. Marculescu's global work experience spans continents, with fruitful collaborations with prestigious institutions from Europe, China and the Middle East, and includes contributions to esteemed academic journals and publications. Bogdan Marculescu remains deeply engaged in various entrepreneurial endeavors and writing projects, perpetuating his commitment to the worlds of academia and business.
My extensive research on entrepreneurship in the United States, Israel, Western Europe, and China reveals a striking fact: over 97% of individuals in these regions are employees rather than entrepreneurs. Contrary to popular belief, only a small fraction of entrepreneurs take the plunge and leave their jobs. As a result, Hybrid Entrepreneurship has emerged as a prevalent alternative to traditional full-time employment and full-time entrepreneurship.
This book offers a comprehensive exploration of entrepreneurship, including background research, the author's personal journey, theoretical insights, definitions, interviews, and forward-looking predictions about the future of work. Dr. Bogdan Marculescu, a passionate and innovatively disruptive academic, provides a high-level overview of Hybrid Entrepreneurship, a topic gaining substantial attention for its profound impact on the contemporary and future business landscape.
Dr Abraham (Abi) Moskovicz, Senior Associate Professor at XJTLU
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