Final answer:
Multipreneurs are entrepreneurs who run multiple businesses, not necessarily without success; they take calculated risks and invest in opportunities with the potential for reward.
Step-by-step explanation:
The statement that multipreneurs are businesspeople who have tried a succession of entrepreneurial start-ups without finding an area in which they could be successful is false.
A multiplexer is an entrepreneur who launches and runs multiple businesses simultaneously or sequentially, often with varying degrees of success. These individuals actively seek out new opportunities and may indeed find success in several areas. They embody the essence of entrepreneurship, which involves the willingness to innovate and take risks in starting a business.
The willingness to invest personal funds in a startup is a show of faith in the business's prospects. Angel investors and venture capitalists often look beyond the risks by getting to know the founders and their business plans. While all startups involve risk, successful entrepreneurs tend to calculate their risks carefully against the potential benefits before investing.
Entrepreneurship is vital in various business types, including sole proprietorships, partnerships, and corporations, but multipreneurship refers to the pursuit of multiple ventures, often with different degrees of success and failure.