Shattering the 7 Myths of Student Entrepreneurship

February 7, 2005 by Dane | 3 Comments
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Young Money:

  1. I don’t have enough money – Many of America’s largest corporations started on a shoestring budget out of somebody’s garage.
  2. I don’t have enough time – Many of America’s largest corporations were started in people’s spare time.
  3. I’m not smart enough – Says who? SATs and grades have very little correlation to people’s potential to be successful entrepreneurs.
  4. I’m not creative so I can’t come up with good ideas – There are many books in the library or book store with low-cost business ideas.
  5. I can’t because the economy is bad – Many of the most successful corporations were started during recessions.
  6. I don’t have enough experience – Microsoft, Dell, Kinkos, and Yahoo are just a few of the many successful companies started by people with no business experience.
  7. I can’t because I’m afraid of failing – According to most statistics, the majority of businesses fail financially after the first few years.

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