Short answer: The statement that is not true about an entrepreneur varies by source, but a common incorrect claim is that entrepreneurs will always earn profits or that success is immediate; both are false in most cases. Details
- Core truths about entrepreneurs
- They identify and pursue opportunities, often creating value through new products, services, or processes.
* They take calculated risks and operate under uncertainty, with outcomes that can include both profits and losses.
* They demonstrate traits such as curiosity, adaptability, resilience, initiative, and often strong leadership.
- Common misconceptions (not true)
- “They will always make a profit.” Profit is not guaranteed; many ventures incur losses or require time to become profitable.
* “Immediate success is guaranteed.” Entrepreneurship typically involves iteration, experimentation, and learning from failures.
- Variations in lists of characteristics
- Different sources enumerate traits like vision, persistence, risk tolerance, curiosity, adaptability, decisiveness, and innovation; the exact wording and order vary, but the core idea remains consistent.
If you’d like, specify the exact phrasing or options you’re comparing (e.g., a multiple-choice list), and I can pinpoint which item is not true based on standard definitions.
