What are the myths about entrepreneurship?
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Myth No. 1: Entrepreneurs Are High Risk Takers
Myth No. 1: Entrepreneurs Are High Risk TakersEntrepreneurs, Rye states, are often thought of in terms of the risk they assume. Even the dictionary describes an entrepreneur as one who assumes business risks. However, like all prudent businesspeople, entrepreneurs know that taking high risks is a gamble. Entrepreneurs are neither high nor low risk takers. They prefer situations in which they can influence the outcome, and they like challenges if they believe the odds are in their favor.
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