6 ENTREPRENEURIAL MYTHS

by Riche Atos / April 19, 2022

Entrepreneurs are born, not made” is one of the most common entrepreneurial myths. Many dreamed of starting their own business, but haven’t for a variety of reasons, such as “I’m not special”, “I’m not fit to do this” or “I don’t have a clear business plan”.

Don’t let these self-limiting beliefs stop you from reaching your full potential as an entrepreneur. In this podcast episode, I’m busting these six myths around entrepreneurship and showing you how to overcome them.

Connect with Dhiren:

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Episode Highlights:

  • [00:30] What this episode is all about: dispelling entrepreneurship myths
  • [02:20] Myth #1: Entrepreneurs are special 
  • [03:01] Myth #2: You shouldn’t share an idea as an entrepreneur
  • [04:20] Myth #3: Entrepreneurs love risk
  • [05:24] Myth #4: Entrepreneurs are charismatic and generally very lucky
  • [07:07] Myth #5: Entrepreneurs are born, not made
  • [08:12] Myth #6: Entrepreneurs have everything documented through a business plan
  • [09:04] Entrepreneurs are more like archaeologists versus architects

Quotes:

“Ideas are meant to be shared, not locked in a door or stored in a NASA facility. Only when two people talk and share perspectives can they become more powerful, so that when you share your ideas, you are going to get to something that you may not even have thought possible.” – Dhiren Bhatia

“Knowing an unfair advantage is a very good technique to be successful in life.” – Dhiren Bhatia

“Entrepreneurs are the kind of people that understand and have a vision, they live with purpose. They have an idea that they want to change the status quo. And it’s about bringing that spirit of innovation. It’s about knowing what the new world would look like, with your new idea.” – Dhiren Bhatia

“Entrepreneurship is not a genetic thing. Nobody is born with a set of genes that make you a fantastic entrepreneur, if anything, it’s a skill that is learned again, and again and again, with multiple failures along the way.” – Dhiren Bhatia

“That is the hallmark of a good entrepreneur, this idea of tenacious digging and continuing to explore what somebody else may have overlooked this idea of being able to continue to finesse a particular idea till it becomes something of value, which is the biggest thing that keeps a lot of people from starting a business or maybe even growing something to the next level because they’re afraid of what could happen.” – Dhiren Bhatia

 

Thank you for listening! I hope you enjoyed this episode and I’d love to hear your feedback. You can email me at hello@elevatedentrepreneur.fm and help me improve or if you have someone in mind that would be a great guest on the show, feel free to recommend them via email.

If you liked the episode, I appreciate you leaving a review on iTunes as it helps other entrepreneurs to find the show. You can also share the episode via Facebook, LinkedIn, and Instagram and tag someone who you feel would benefit from the podcast!

If there’s a question that you’ve been dying to ask me or feedback that you’d like to give me, head on over to elevated entrepreneur.fm/speak where you will be able to record a voice message that I can listen to and also maybe feature here on the podcast together with my answer.

 

Thanks, and lots of love,

Dhiren Bhatia

  • Episode Transcript
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