Image default

60-Second Enterprise Tip: Myths of Entrepreneurship

There may be a variety of nice details about entrepreneurship on the market, however some concepts floating round are usually not fully correct, says enterprise growth advisor and Entrepreneur journal author Terry Rice. Within the above video, Rice breaks down three widespread myths about entrepreneurship.

Fable 1: You need to observe your ardour.

Nicely, that sounds good, but it surely’s not fully true. As an alternative of ardour, give attention to objective. What’s one thing that you just’re good at that may assist folks and have a significant influence in your life?

Fable 2: It’s best to attempt to make as a lot cash as potential.

You could possibly be glad making $60,000 a yr as a solopreneur or fully depressing, making $600,000 managing a big workers. You get to determine what success means to you, not society.

Fable 3: That you must have a novel thought.

The reality is a variety of good concepts have already been. However your character, experiences and character can help you put a novel spin on them and probably discover room for enchancment.

Associated: 60-Second Tip on Getting More Productive

Related posts

14 Tax Deductions Your Small Enterprise Would possibly Be Overlooking


Why Your Enterprise Ought to Contemplate Purchase Now, Pay Later Fashions


Honda Asks For Overpaid Bonus Cash Again