Question

Which of the following is considered to be a myth associated with entrepreneurship?

• A. First ventures are always successful
• B. All entrepreneurs must willingly invest significant sums of money
• C. Successful entrepreneurs are born not made
• D. An entrepreneur faces extraordinary business risks

Answer 1

The correct option is A First ventures are always successful

Its the most common myth among the people that first ventures or business are always successful. But the real truth is something else. It may in some cases prove to be true but in most of the cases it is still a myth.

Although the business idea may be different, although capitals are enough still the risks faced by different entrepreneurs and the conditions in which they operate may be different which may lead to success or failures.