Entreprenuership Myths

Entrepreneurship for Small Business Various authors and researchers meet identified 13 key myths of entrepreneurship. The following is an in depth critical synopsis of 5 of the 13 myths. 1. Entrepreneurs are born. This is the heavy(a)gest entrepreneurial myth. Though it is confessedly that some people are more likely to set out entrepreneurs if their parents permit made a success of it or if they have witnessed other family members working for themselves entrepreneurship does not come down to genetics. In fact most people who try their hand at it and realize what a tough life it crapper be go the other direction opting to take steady crease instead. Anyone interested in starting an entrepreneurial venture bum do so by simply acquiring the proper(ip) technical skills and mindset to become an entrepreneur through development and experience. One important aspect that must be unploughed in mind from the outset is that drive, ambition and courage is an peremptory requirement for an entrepreneurial venture to be successful. 2. Entrepreneurs are big gamblers. Experienced entrepreneurs do not typically take in full-grown risks. Though there are certain times when entrepreneurs have to take a significant risk it is not continuously the case.

Most if not all entrepreneurs ordinarily try to disparage the risk of a new opportunity by figure the consequences of their decisions before putting them into effect. The misconception that entrepreneurs are inherently risky can be attributed to a number of things. The fact that their lives appear to be more carefree and unstructured often gives off the economic crisis of a life of constant risk, much like opting to liaison out into the unknown without the safety net of an employer does. This perception is usually reinforced by the media predominantly highlighting high visibility failed entrepreneurs than successful ones. It is true that going it alone has a higher(prenominal) likelihood of failure than successes however with adequate preparation entrepreneurship is not that much more risky... If you want to get a full essay, order it on our website: Orderessay

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