The underpinning research objective of the current study is to evaluate the relationship between entrepreneurship and well-being. As the prior studies fail to understand as relationship self-employment and well-being. The current study proposed that framework to investigate the purposeful engagement, skills, and capabilities along with external factors like institutional pressure and political stability shape this connection. The present study collects the data through survey from entrepreneurs listed on Lahore chamber of commerce currently operating in Lahore, Pakistan. Structural equation modeling technique is being used to evaluate the proposed model. The findings of current study indicate that social and personal functioning positively mediate the relationship between entrepreneurial ventures and well being. Exploring the nexus of entrepreneurship within the context of broader socio-political influences, we hope to uncover insights that can inform both academic understanding and practical implications for individuals engaged in entrepreneurial activities.

Keywords: Nexus of entrepreneurship, institutional pressure, political stability, psychological and well-being.