Statistics show that approximately one in every 18 individuals around the world own their own business because it's perhaps the best way to earn a living in their place of residence. Despite their location, any potential entrepreneur would be able to benefit from learning everything about what being something like this is all about.

However, there are many different myths regarding being an entrepreneur that typically scare some people away from taking this kind of path, many of which can thankfully be debunked. Build your company and create the brand you wish to represent.

Here are three of the most common myths of entrepreneurship and personal branding.

Just a good idea

Perhaps one of the most common myths is that the only requirement is a good idea. This isn't exactly false, but it's also misleading in the sense that even the best ideas need a proper amount of execution in order to be successful. While ideas are important, factors such as leadership, talent, communication, and planning are equally as important as well.

Get rich quick

Another common myth is that launching a company can quickly lead to you getting rich. While there are some company that see an immediate amount of success, there are many others that take more time to get to that level. Two of the biggest tasks of an entrepreneur involve proper timing of expanding a company and sustaining a reasonable amount of growth.


One other common myth is that every bit of responsibility belongs to an entrepreneur. While this can be true during the earliest stages, no one can do everything alone. Both collaboration and delegation are the responsibilities of the company as a whole – they are never, ever the responsibility of the entrepreneur themselves.

Create Your In-Demand Brand Workshop

DATE & TIME: January 9, 2020, 1:00pm CST

Address: Georgetown Public Library
402 W 8th St
Georgetown, TX, 78626

Do you want to be known as the #1 AUTHORITY in your field? Imagine attracting high-end clients, charging exactly what you're worth and being sought after in your industry. Tiffany Scott will explain how.


Entrepreneurship and your brand