Linking anxiety to passion: Emotion regulation and entrepreneurs' pitch performance

Abstract

We investigate a strategy entrepreneurs can use to manage their emotions prior to pitching: linking anxiety to passion. We theorize that internally acknowledging anxiety and interpreting it as a reflection of one's passion for the venture can make passionate feelings salient, facilitate expressions of passion during pitches, and increase judges' evaluations of pitch performance. A field study and a randomized experiment support the theory, offering insights for how entrepreneurs can mentally reframe their seemingly detrimental emotional experiences for beneficial outcomes. More broadly, this work demonstrates the utility of fostering beneficial emotions rather than just alleviating negative ones.