Herriott, E. M. (2000). Elements of entrepreneurial success: The links among inner competencies, inner development and success. Dissertation Abstracts International, (60, no. 12B, 6398).
This exploratory study inquired into the link between changes associated
with personal development and competencies relevant to business success
in a group of entrepreneurs in Fairfield, Iowa. The Fairfield
entrepreneurs are part of an entrepreneurial community in the rural
Midwest, which has enjoyed considerable success. In addition, the vast
majority of the Fairfield entrepreneurs are long-term practitioners of
Maharishi Mahesh Yogi's Transcendental MeditationÎ (TM) and TM- SidhiÎ
program, two well-documented techniques for facilitating stress
management, promoting health, and fostering personal growth.
The study sought to assess whether the entrepreneurs exhibited any
common inner competencies, which had played a role in their success, and
whether any of these competencies were linked to the inner growth the
entrepreneurs had enjoyed as a result of the TM and TM-Sidhi practice.
To answer the research questions, an exploratory qualitative study was
conducted using the techniques of grounded theory.
The results of the study suggested that a number of the competencies
widely thought to be linked to success might be developed and/or
augmented through the practice of the TM and the TM-Sidhi program. This
suggests that many, if not all, of these competencies are not fixed,
in-born personality features, but might instead be part of an inherent
The results further indicated that the TM technique develops a number of
qualities not commonly observed in the literature. These included
superior stress management skills, which seemed to derive from an
expansion of the internal resources that the person had to draw on. Many
interviewees also exhibited a type of functioning, which appeared to go
beyond the 'normal' range of human experience. All study participants
reported frequent use of intuition; a sense of being in tune with a
cosmic stream of evolution; and awareness of a more holistic,
all-encompassing level of truth and reality. This in turn was expressed
in more universal values, which embraced the wider interests of
employees, community, or environment as a whole.
Based on the findings of the study, a theory of the nature and origin of
competencies was presented. Source: DAI, 60, no. 12B (2000): p. 6398