Transgender Entrepreneurs are Paving the Path of Social Entrepreneurship: Exploring Motivators of Entrepreneurial Intent

Abstract

The primary aim of this study is to investigate the entrepreneurial motivators or drivers that transgender entrepreneurs experience prior to launching their business or getting self-employed. This study also look at the impact of social entrepreneurship on transgender entrepreneurship. The twenty-five (25) transgender entrepreneurs interviewed are included in the study, who had quit dancing, acting, begging, and commercial sex work and founded a business or got self-employed. The major findings of the grounded theory revealed seven (7) significant entrepreneurial motivators or drivers, including economic, upbringing, and social circle; social inclusion and empowerment; personal fulfillment and identity expression; community uplifting and advocacy; market opportunities and niche creation; and response to cultural and social exclusion. This article expands our understanding of social entrepreneurship and also magnifies the core forces that drive the intention of transgender individuals to start their own business venture or get self-employment. The findings of this study also suggest the effective role of policymakers, advocacy and support groups, and non-profit or non-governmental organizations, who can play an effective role in promoting entrepreneurship among this marginalized community. Finally, this study addresses the limitations of the study and future direction for potential research.