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Despite these challenges, many entrepreneurs find fulfillment and success by overcoming obstacles, learning from
                 setbacks, and pursuing their vision with passion and determination.


                         MYTHS/MISCONCEPTIONS ABOUT ENTREPRENEURSHIP

                 Following are some of the myths/misconceptions about entrepreneurship:

                 •  Entrepreneurs are Born not Made: Some believe that only those with certain inherit traits can succeed in life as
                   an entrepreneur. Being an entrepreneurs starts with a way of thinking. If you believe that anything is possible and
                   think of an idea that you want to work on then it shall be achieved. Entrepreneurship is a learned skill, not a natural-
                   born ability. It takes immense dedication, discipline, and hard work to become a successful entrepreneur. It involves
                   creating unique business ideas followed by launching and running a new venture.
                 •  Every Business Idea Needs to be Unique or Special: It is not always a new
                   idea that makes you an entrepreneur. You can take an existing idea and
                   make your own business out of it. Only it needs a potential idea and a
                   proper execution to become reality.
                 •  Only a Person having a Big Business is an Entrepreneur: Entrepreneurs
                   are individuals  who  identify opportunities,  take risks and  innovate to
                   bring new products, services or solutions to the market. This can happen
                   in business of any size. Many successful entrepreneurs start with small
                   business and gradually scale up.
                 •  A Lot of Money is Required to Start any Business: The amount of money you invest in a business varies depending
                   on the type of business. If you are selling an idea, then no investment is required. Somewhere you need very
                   little money to begin and survive in a business. Depending on how much money you have or can borrow, you can
                   start a business with that much money. Once you make more money, you can put that into your business to make
                   it bigger.


                         ENTREPRENEURSHIP AS A CAREER OPTION



                 Every entrepreneur has a different reason to start their own business. Some
                 were sure from the beginning that they wanted to be self-employed and work
                 for themselves. Others after working for fixed hours and fixed salaries as wage
                 employed decided to shift to entrepreneurship. After getting the awareness of
                 the two career choices, it is important to understand, how taking the route of
                 entrepreneurship benefits an individual.

                 A career is a line of work that a person takes for life. A person who becomes an
                 entrepreneur goes through a career process. This process is as follows:

                 •  Enter: It means implementing an idea by starting a business and entering a new market. For example, Amit is
                   starting a small stationery store in his locality.
                 •  Survive: It means to remain in the competitive market in between other entrepreneurs dealing with the same business.
                   For example, there are many other stationery stores in the area. Despite this, Amit is surviving the competition and
                   doing well. He even bought the next-door shop and expanded his small store to a big fancy stationery outlet.
                 •  Grow: It means after attaining a reputation and stability, an entrepreneur plans to expand the existing business. For
                   example, after a few years, Amit has opened a chain of three more stationery stores in the same city. He even plans
                   to expand it to other neighboring cities as a new brand.





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