Asked by Daysi Antillo on Jun 28, 2024
Verified
The following phrasesentrepreneurs are born, not made; entrepreneurs are gamblers; and entrepreneurs are youngcapture three fundamental truths about entrepreneurs.
Entrepreneurs
Individuals who initiate, manage, and take on the risks of a new business or venture, aiming to transform innovations into economic goods.
Gamblers
Individuals who risk something of value, often money, on the outcome of an event which is determined largely by chance.
- Understand the myths and truths about entrepreneurship.
Verified Answer
BN
Brittany NicoleJun 30, 2024
Final Answer :
False
Explanation :
These phrases are all stereotypes and do not necessarily reflect the true nature of entrepreneurs. Many successful entrepreneurs are not born into entrepreneurship, do not rely solely on luck, and are not necessarily young. These statements do not apply to all entrepreneurs and should not be considered as fundamental truths about the entire population.
Learning Objectives
- Understand the myths and truths about entrepreneurship.