Five myths about entrepreneurs

People have these grandiose visions about entrepreneurs... and often it's delusional.  Here are five myths I regularly see and hear about entrepreneurship:

Entrepreneurs don't have jobs: More entrepreneurs than you might expect have jobs.  Many use jobs as a secure source of cash flow while they establish their businesses.  If the business fails, it won't cost them their house in most instances either.

Entrepreneurs risk everything: Actually, many entrepreneurs are extremely risk averse.  They make calculated decisions and make calculated decisions, minimising risk as much as possible.  

Entrepreneurial ventures cost a lot to setup: This is actually not true.  Many entrepreneurs bootstrap (aka self-fund) their ventures, often for only a few thousand dollars.

Entreprenership can't be taught:  Can't it?  Then why do I know so many people who are launching their own businesses while studying entrepreneurship at RMIT or Victoria University?  People are learning entrepreneurial skills and stepping out to make a difference in the world.

Entrepreneurs have a four-hour workweek: This is not the case.  Only student entrepreneurs tend to have four-hour workweeks. Many entrepreneurs work more than their peers but do so because they are passionate about what they are involved in, and are commited to their long-term vision.

Don't believe the hype.  If you are interested in becoming an entrepreneur, then try.  Try buying a car from the wreckers and repairing it and reselling it on the road.  Try selling something on eBay.  Try writing two pages of a book.  Commit to change. Take a change and make a start today!