THE ROLE OF ONLINE SUPPORT GROUPS IN ENHANCING THE WELL BEING AND SUCCESS OF TRANSGENDER ENTREPRENEURS

Abstract

The study examines how online support groups impact transgender entrepreneurs' success and their well-being. It addresses demographically heightened difficulties due to institutionalized discrimination and a lack of resources and empirical data, which is what this study aims to fill. Understanding the function of online networks is supported by the theoretical frameworks of the Social Support and Social Capital Theories. The study uses secondary data from online forums and academic surveys and adopts a quantitative methodology. Data analysis components include descriptive statistics, correlations, regression models and one-sample t-tests. Results show that social interactions, psychological well-being, and business success positively correlate with engagement. Regression analysis have highlighted the significance of engagement predictors. T-tests confirms participants' active participation and successful results. The study emphasizes the value of online support groups in fostering the success and well-being of transgender business owners. Cross-sectional data limitations and their effects on future research and policy are acknowledged.