Question

All but which of the following is considered to be a myth associated with entrepreneurship?

a. Successful entrepreneurs are born not made
b. First ventures are always successful
c. All entrepreneurs must willingly invest significant sums of money
d. Successful entrepreneurs must have a break-through invention
e. An entrepreneur faces extraordinary business risks

Answer 1

All but option d are considered common myths associated with entrepreneurship. While many successful entrepreneurs have breakthrough inventions, it is not a requirement for success. Option d is the correct answer.

Step-by-step explanation:

d. Successful entrepreneurs must have a break-through invention

Of the options provided, all but option d are considered common myths associated with entrepreneurship. While it is true that many successful entrepreneurs have created breakthrough inventions, it is not a requirement for success. Successful entrepreneurs can also build successful businesses by innovating existing products or services, finding new markets or niches, or creating unique business models. The key factor for success in entrepreneurship is not necessarily the invention itself, but rather the ability to identify and capitalize on opportunities in the market.