In this article, we examine the resilience building of entrepreneurs in the context of an authoritarian country. Using a methodological bricolage approach, we investigate how Russian entrepreneurs construct narratives and react to the political control and threats of repression from the government. Based on the primary and secondary interviews with Russian founders, combined with archival data, we constructed a theoretical model of how entrepreneurs facing the threat of repression engage in value-based channeling of resilience-building activities. During this process, entrepreneurs have been trying to both adhere and shape their values through values work and preserve their organizations, building resilience. Depending on whether the government endangers their core values, entrepreneurs have either concealed their values, creating protective disguise and shielding their organizations, or breaking their disguise, putting the organizations under a bigger threat of repression. Overall, our study contributes to the literature on resilience, entrepreneurship, and authoritarian context in management and organization studies.