Entrepreneurship Myths Holding You Back MYTH: ENTREPRENEURS ARE BORN, NOT MADE Becoming an entrepreneur takes time, research, and work. It doesn’t happen overnight. No one trait or talent defines entrepreneurship, and thus anyone can become an entrepreneur.
MYTH: ENTREPRENEURS HAVE TO SHOULDER ALL THE RESPONSIBILITY Entrepreneurs can and frequently lean on others, as delegation is an essential part of running a business. Remember, you can’t do everything alone. Having help is okay.
MYTH: ENTREPRENEURS HAVE NO PERSONAL LIFE While not all entrepreneurs have mastered the skill of balancing their work and personal lives, they certainly do still have both. Believing that you have to give one up for the other is unhealthy and will stop many people from pursuing their business ideas.
MYTH: ENTREPRENEURS NEED SO MUCH MONEY TO START THEIR BUSINESSES Many successful companies began on less than $1000. Yes, just as many businesses started with significantly more – but there is no hard and fast rule regarding how much money a company needs to begin with.
MYTH: ENTREPRENEURS HAVE TO TAKE RISKS Yes, starting a business is a risk; there’s no denying it. Yet, if one is careful and patient, many risks can be mitigated. The trick here is understanding the potential value of a business idea and research to help support it.
PRESENTED BY JOESEPH MCINERNEY JosephMcInerney.co