9 Misconceptions of Entrepreneurs

Don't let these silly ideas fool you.

learn more about Patrick Bet-David

By Patrick Bet-David • Jan 2, 2017

Opinions expressed by Entrepreneur contributors are their own.

Being successful as an entrepreneur is easier said than done, and there are many misconceptions that you may have along the way. In this video, Entrepreneur Network partner Patrick Bet-David goes over nine misconceptions of entrepreneurs.

The first misconception Bet-David mentions is the belief that entrepreneurs are born when, in fact, you can become an entrepreneur over time and through experience. It has little (if anything) to do with genetics. Another major one is the idea that successful entrepreneurs simply "got lucky." Luck may play some role in business, but in truth you have to work hard to reach a position in which you can experience luck. Success doesn't happen overnight.

Another misconception Bet-David often encounters is the belief that an entrepreneur is his or her own boss. The truth of the matter is your customers are your boss. If you don't support and respond to your customers's collective wants and needs, then you will never find success.

To learn more, click play.

Watch more YouTube videos from Bet-David on his channel and check out his new book Drop Out And Get Schooled.

Related: How to Start Thinking Big

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Patrick Bet-David

Entrepreneur Network Contributor

Patrick Bet-David teaches the fundamentals of entrepreneurship and personal development while inspiring people to break from limiting beliefs or other constraints and achieve their dreams. It has been referred to as “the best channel for entrepreneurs.” Learn more from Patrick's invaluable expertise and check out Patrick's new book Drop Out And Get Schooled: The Case For Thinking Twice About College.

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