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Thursday, November 18, 2021

Myths about Entrepreneurship

Born to lead

Anyone can be an entrepreneur, given the right mindset and dedication

The idea is everything

Even the best ideas can end up failing if they aren’t properly supported

Unlimited freedom

Oftentimes, that means making tremendous personal sacrifices, working long hours and getting stuck at the office far longer than you’d like.

It's an easy way to get rich

Even with all the right things in place, you'll have no guarantee you’ll have the timing or the pacing right.

Success will come fast or ???

Because of the looming failure rate of startups, too many entrepreneurs believe it’s an all-or-nothing bid, but success and failure come in much more diverse shades than that.

It's all on your shoulders

However, no entrepreneur ever found success completely on his/her own

You know the secret to success

Businesses succeed or fail based on a number of different, interacting variables. If there was a straightforward secret to success, we’d all be mega-rich entrepreneurs.

Huge risks

Calculated risk is recommended 

Never stressed out

Every decision that an entrepreneur makes not only impacts his or her family but also the families of their employees. That type of pressure can lead to very stressful situations.

Huge funding

If entrepreneurs sat around waiting for funding to arrive, the majority of ideas would never get off the ground

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