An Enhancement Model of Life Balance of Businessmen in Modern Society Based on Buddhist Psychology

Abstract

This research article aims to 1. study the problems and approaches for enhancing the life balance of entrepreneurs in modern society, 2. develop a model for fostering the life balance of entrepreneurs in modern society based on Buddhist psychology, and 3. propose a model for promoting life balance among entrepreneurs according to Buddhist psychology. The study employed a qualitative research approach integrating the conceptual frameworks of Buddhist psychology (Threefold Training: morality, concentration, and wisdom), Maslow’s hierarchy of needs, and the Sufficiency Economy Philosophy. Data were collected through in-depth interviews with 18 key informants selected by purposive sampling, including five senior Buddhist monks, five experts in Buddhist psychology, and eight entrepreneurs or senior executives. Additional data verification and synthesis were conducted through a focus group discussion with nine experts. Data were analyzed using Triangulation, Logical Matrix Analysis, and the 6’C QDAT technique to ensure validity, consistency, and accuracy.

The findings revealed that: 1. entrepreneurs in modern society face stress, deterioration of physical and mental well-being, fragile family and social relationships, and moral conflicts. Integrating the Threefold Training with the Sufficiency Economy Philosophy can help build a stable and sustainable life balance. 2. The synthesized model comprises five dimensions—health, family, society, economy, and spirituality—by integrating Buddhist psychology, Maslow’s theory, and the Sufficiency Economy Philosophy to provide a comprehensive practical guideline. 3. The validation by nine experts confirmed that the proposed model is accurate, comprehensive, and applicable at individual, family, organizational, and societal levels. The results are presented in the form of a holistic model diagram