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This paper examines the possibilities and feasibility of using narrative analysis methods to study the structure and dynamics of entrepreneurial networks. The authors analyze the results of interviews with entrepreneurs published on the internet gained by means of automatic content collection service PressIndex, as well as semi-structured interviews with entrepreneurs conducted online, and manual collection of entrepreneurial stories in the form of transcription of video interviews with entrepreneurs from Youtube channels. The preliminary results show that narrative analysis suits the goal of looking for insights that could be impossible to gain by other types of research. The most important is to apply narrative analysis to investigate informal entrepreneurial networks.