15 Facts About Entrepreneurship That Are Said to Be True, But Are Completely Mythical


Do you want to be an entrepreneur but don’t know where to start? There is a lot of information and tips being said around about the field of entrepreneurship. However, we can say that some of this information has become a legend. It is a must for every entrepreneur candidate to learn the truth of these so that there are no question marks in your mind when you embark on entrepreneurship. That’s why we have put together information that is said about entrepreneurship Decently but is not actually true..

  1. It is essential to get a good education to become an entrepreneur.

This may vary depending on everyone’s understanding of good education. Famous entrepreneurs such as Bill Gates, Richard Branson, Michael Dell and Mark Zuckerberg did not go to college or dropped out of school. Of course, this does not change the fact that education is useful. However, not having received an education in entrepreneurship does not mean that you cannot be an entrepreneur. You can always improve yourself by going to courses related to your sector, following the developments and reading about the subject.

Entrepreneur 1
  1. Anyone can be an entrepreneur.

Not everyone will want to be an entrepreneur, and not everyone needs to be an entrepreneur. People who do not have enough interest in the field of entrepreneurship should not enter this business just because they think they will make money. Success can also be achieved when you start this business thinking that entrepreneurship is easy or will make a lot of money. However, doing a job that you really want will make you happier.

  1. A good product will be successful no matter what.
Entrepreneur 2

Although this may seem true in theory, in practice things may not go as you expect. Although the quality of the product is very important, if you cannot market it correctly, you have a high risk of not getting the results you want. Products that are of higher quality than the competing product but cannot be marketed well may achieve less success than the competitors. For this reason, in addition to the quality of the product, it is necessary to pay attention to issues such as packaging and advertising.

  1. Entrepreneurs should never give up.

Being able to stand up in the face of failures and disappointments is a necessary ability for entrepreneurs. However, it is not true to think that never giving up is the sure way to succeed. You may need to change the techniques you have tried and the direction of your work. No matter how many times you try a business idea or marketing technique that is not suitable for you, they will not be successful. Instead, you need to try new methods.

  1. Entrepreneurs do not sacrifice their time to make more money.
Entrepreneur 3 1
Entrepreneur 3

Successful entrepreneurs have earned the wealth they have by working long hours. It is necessary to adjust the work-life balance well, but sometimes you may have to sacrifice the time you devote to yourself in order to achieve better things. The money will come when your business is successful.

  1. You create your own luck yourself.

Of course, it is possible to create your own luck. However, sometimes things can get better or worse due to external factors that you don’t have at hand. That’s why, when you have done your best, you should not think that you have failed if you encounter problems.

  1. You need a lot of money to be successful in your venture.

For an entrepreneur, skills and knowledge are more important than money. With the right skills, you can start and manage a successful business even if you don’t have a lot of money. If you develop yourself and follow the developments in your sector, you can achieve success.

  1. You need to come up with a new idea that has never been tried.

You can be successful even without your innovative ideas. Sometimes it is even more useful to follow the examples before you and learn from their mistakes. Although it is not the first example of its kind, there are many brands that are much more well-known than the first examples. The important thing is how well you can put your idea into practice.

Entrepreneur 4
Entrepreneur 4
  1. Your job should be your life.

The idea that to be successful as an entrepreneur, you have to put your business above everything else is not true. In some cases, you may need to focus on your work. However, you should not make it a continuous one. The stress that work creates on you, your inability to devote enough time to yourself and your loved ones will cause you to lose motivation. Constantly taking care of your work and not resting can do more harm than good to you.

  1. The most successful entrepreneurs are those who start their business at a young age.

Although they did not start entrepreneurship at a young age, there are many entrepreneurs who have achieved incredible success. For example, Ray Kroc founded McDonald’s at the age of 52, John Pemberton founded Coca-Cola at the age of 55, and Harland David Sanders founded KFC at the age of 65. These examples show us that entrepreneurship can be done at any age.

  1. You have full control of your speed and time of finishing things.

We all want this to be true. Unfortunately, sometimes the influence of external factors can come into play alongside your efforts. For example, when you are interested in your own products, your competitor may launch a product similar to yours earlier. In addition, unexpected developments that may occur while you are doing your work may cause your work to be prolonged. The important thing at this point is not to lose your spirits and do your best. Even if external factors have an impact, your efforts will work.

Entrepreneur 5
Entrepreneur 5
  1. Entrepreneurs have to take risks.

Entrepreneurs may need to take risks, but this does not mean that they should not thoroughly review their situation before taking risks. Taking risks without doing a good research and thinking about the problems that may arise will bring you more failure than success. Therefore, you should not take risks constantly. You should only take risks on issues that you think will work for you in the future and that you have carefully considered and weighed.

  1. There are certain conditions to be an entrepreneur.

As we mentioned above, sometimes people may say that it is necessary to be of a certain age for entrepreneurship or to have an untested idea. You should remember that these are not true and you should not think that you are insufficient to be an entrepreneur. It is possible to get into entrepreneurship by doing research about the field you are interested in and preparing a good plan.

  1. The lives of entrepreneurs are perfect.

As in every business, many problems can be encountered in entrepreneurship. Entrepreneurs can look like they are living very comfortably after achieving a certain success. However, the difficulties and ups and downs they experienced until they achieved success should also not be forgotten. In addition, successes with big initiatives will also bring with them big responsibilities and work stress.

  1. The biggest goals of entrepreneurs are to make money.

Of course, it is intended for a business to make a profit, but the main motivation for entrepreneurs should not be money. Most successful entrepreneurs have reached the point where they are because they love their business and really believe in what they are doing.

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