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Myths of Starting a Business

Dumb Little Man has some excellent myths of starting your own business:

  • Your family & friends will always understand the time commitment, even when no money is coming in.
  • Your friends’ constructive criticism is never out of jealousy
  • Your college degree is all you need to secure the knowledge entrepreneurship requires
  • Your lack of a college degree will ensure your business fails
  • Anyone that has tried and failed automatically must be trusted because “they’ve done it”.
  • If the majority of your peers call the idea silly, it probably is.
  • You have to spend money to make money (this one is borderline, but a lot can be earned by charging people for your knowledge on something)

Photo by fotografisch….

   

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