Hi everybody,today will we be discusing what "Entrepreneurship is" and discusing "two Myths
of entrepreneurship"
WHAT IS ENTREPRENEURSHIP
According to Robert C.Ronstadt,Entrepreneurship means creating of wealth.This wealth is
created by individuals who assume risks in terms of time,equity and career commitment of providing
value off or service.
TWO MYTHS OF ENTREPRENEURSHIP
Myth 1:Entrepreneurship is Unstructed and Chaotic
It is a myth because,Entrepreneurship does not lack a visible order or a
definite structure.Entrepreneurship is always organized.
Myth 2:Most Entrepreneurial Initiatives Fail
It is a myth because,Not all entrepreneurs fail.Some entrepreneurs are ready
to embark on new ventures,they are ready to move ahead even if they have failed before.
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