Myth 1: They take a lot of risks
This popular myth works as an effective scarecrow against potential entrepreneurs. Yes, entrepreneurs take risks, but they aren't reckless. They take well-calculated, purpose-driven, and informed risks that reap more results than if they had not taken those steps.
The goal isn't risk for the sake of risk, but rather taking the right actions based on data and market insight.
Myth 2: They are born, not made
Many potential business owners believe that entrepreneurship is an innate quality. This could not be farther from the truth. Any person can become an entrepreneur with the right confidence, attitude, and passion.
This myth has been debunked by countless successful leaders from non-entrepreneurial backgrounds who have proven that you can still reach the top while starting from scratch.
Myth 3: They never quit
The idea that 'entrepreneurs never quit' is a popular cultural trope. In reality, knowing when to quit is what makes an entrepreneur successful. With over 90% of startups in India failing in the first five years, perseverance is necessary, but so is the wisdom to hang up the boots before going neck-deep in debt.
The Better Alternative: Coworking Spaces
You don"t need specific genetics or traits to start a business; all you need are the right skills and a good business plan. Part of that plan involves finding a professional office that doesn't drain your capital.
Instead of expensive fixed leases, coworking spaces in India, like iSprout, promote a collaborative work environment that is budget-friendly and especially useful for networking in the early stages of a venture.
Final Thought
If you aspire to start your own business, stop believing in myths that hinder your progress. Entrepreneurs are disruptors and mold-breakers. All you need to begin is a solid plan and a supportive environment. Visit iSprout"s coworking spaces in India today to explore our flexible plans designed specifically to help entrepreneurs thrive without the burden of high traditional office costs.
