THE MYTHS OF ENTREPRENEURSHIP.

•  Myth: All Entrepreneurs Needs Is Money. 

                      TRUE OR FALSE?
                     It false,i know it is true that a venture needs capital to survive;it is also true that a large number of business failures occur because of a lack of adequate financing. However,money is not the only bulwark against failure. failure due to a lack of proper financing is often an indicator of other problems:managerial incompetence, lack of financial understanding,poor investments,poor planning,and the like.Many successful entrepreneurs have overcome a lack of money while establishing their ventures.to those entrepreneurs , money is a resource but never an end in itself.

• Myth: Entrepreneurs Are Born, Not Made .

                    TRUE OR FALSE?
                    It false,the idea that the characteristics of entrepreneurs cannot be taught or learned-that they are innate traits one must be born with has long been prevalent.These trait include aggressiveness, initiative,drive, a willingness to risk, analytic ability,and skill in human relations.

•  Myth:Entrepreneurs Are Doers,Not Thinkers.

                     TRUE OR FALSE?  
                      It false,although it is true that entrepreneurs tend toward action,they are also thinkers.indeed,they are often very methodical people who plan their moves carefully.entrepreneurs are both thinkers and doers.