Myth
1: Entrepreneurs are born, not made.
This myth is based on the mistaken
belief that some people are genetically predisposed to be an entrepreneur, although
no one is “born” to be an entrepreneur, there are common personality traits and
characteristics of successful entrepreneurs
Myth
2: Entrepreneur are gamblers
Entrepreneurs are usually moderate
risk takers, as are most people
Myth
3: Entrepreneurs are motivated primarily by money
Entrepreneurs do seek financial
rewards; money is rarely the primary reason entrepreneurs start new firms
Myth
4: Entrepreneurs should be young and energetic
While it is important to be energetic,
investors often cite the strength of the entrepreneur as their most important
criterion in the decision to fund new ventures
