Top Ten Myths of Entrepreneurship

Here is valuable guest post by Scott Shane at Guy Kawasaki’s blog.

( Scott Shane is the A. Malachi Mixon Professor of Entrepreneurial Studies at Case Western Reserve University. )

The list below is great, but for more answers about these myths, you should check out Guy Kawasaki’s blog.

Challenge yourself to try your best to answer questions … before seeing answers.

1. It takes a lot of money to finance a new business. Answer
2. Venture capitalists are a good place to go for start-up money. Answer
3. Most business angels are rich. Answer
4. Start-ups can’t be financed with debt. Answer
5. Banks don’t lend money to start-ups. Answer
6. Most entrepreneurs start businesses in attractive industries. Answer
7. The growth of a start-up depends more on an entrepreneur’s talent than on the business he
chooses. Answer
8. Most entrepreneurs are successful financially. Answer
9. Many start-ups achieve the sales growth projections that equity investors are looking for. Answer

10. Starting a business is easy. Answer

And, I strongly recommend you consider owning one of Scott Shane’s book. Here’s some info:

And, as a courtesy to Guy Kawasaki, (and cuz its a good book) here is a promo link to one of his very good, well-written books, this being his latest.

If you are not familiar with Guy, I suggest you do so at your nearliest convemience.  ( Note: Almost all of the reviews at Amazon are 5 stars )