Entrepreneur Myths Podcast

Entrepreneur Myth 10: You have to Dress for Success Raising Capital

Damir Perge — Thu, 25 Jun 2009 19:47:28 GMT

I hate wearing suits and ties. Don’t get me wrong, I have a few Armani suits myself but I could count on one hand the number of times I wore one last year... Network with other entrepreneurs at Entrepreneurdex.com. Phone comment line: 206-333-1959

Entrepreneur Myth 9: Make It and They Will Come

Damir Perge — Wed, 17 Jun 2009 00:41:01 GMT

I’ve seen great products made and no sales or limited sales happened. Just because you’ve built a better mouse trap or even the best mouse trap in the world, doesn’t mean sh#%... more at Entrepreneurdex.com

Entrepreneur Myth 8: Be Your Own Boss

Damir Perge — Tue, 09 Jun 2009 17:48:56 GMT

I laugh heartily when I hear this statement made by entrepreneurs. Let me tell you a secret, I became an entrepreneur so that I can become filthy f#%&ing rich. I didn’t do it to be free or my own boss. I don’t ever want to fund entrepreneurs that want to be their own boss. When you become an entrepreneur, being your own boss is a fantasy. Yes, you’re the captain of your own ship but... Read more at Entrepreneurdex.com

Entrepreneur Myth 7: Education is Critical

Damir Perge — Tue, 09 Jun 2009 16:08:10 GMT

My father used to always tell me, “Son, without education, you’re nothing.” I can’t tell you how many times he has placed emphasis on education for the key to having a successful life. Do you have to have an education to be a successful entrepreneur? According to my father, you have to be college educated if you’re gonna make a great entrepreneur. Personally, I think it is complete bullsh#&... Read more Entrepreneur Myths at Entrepreneurdex.com

Entrepreneur Myth 6: You Must Be First to Market

Damir Perge — Mon, 08 Jun 2009 22:37:02 GMT

When I was younger, I used to think that being first to market was one of the most important considerations of any venture. I’ve learned and experienced otherwise. Listen, you’re gonna have ten people come up with a similar idea. Out of ten people... Read more at Entrepreneurdex.com

Entrepreneur Myth 5: All You Need is a Great Idea

Damir Perge — Mon, 08 Jun 2009 22:25:02 GMT

Newbie entrepreneurs are susceptible to this mentality. I’ve seen it as an investor. Age does not determine this flawed mentality. It really comes down to the level of entrepreneurial experience... Read more at Entrepreneurdex.com

Entrepreneur Myth 4: Ideas Are a Dime a Dozen

Damir Perge — Mon, 08 Jun 2009 22:14:17 GMT

I’ve heard this statement by investors more than I care to admit – regardless of the market sector, including the movie business. Good ideas are not easy to come by. If you’re an entrepreneur that has come up with one, guard your idea as if it’s your own life... Read More on Entrepreneurdex.com

Entrepreneur Myth 3: The Entrepreneur Risked It All to Make It

Damir Perge — Mon, 08 Jun 2009 22:44:57 GMT

The media makes heroes of entrepreneurs who've risked it all to make it. Risking it all is not the “secret to entrepreneur success.” Whether a newbie entrepreneur or veteran, the reduction of risk is critical in any venture – which means you’ve gotta have enough moola (money) to sustain your venture during its ups and downs.... Want to read more? Apply for a membership to Entrepreneurdex.com

Entrepreneur Myth 2: Raising Capital is Easy

Damir Perge — Mon, 08 Jun 2009 21:52:41 GMT

If you’re an entrepreneur and you’ve got a great idea, the journey to fund your venture doesn’t depend on the greatness of your idea. I’ve seen stupid ass-stuff funded which was beyond my comprehension, and I’ve seen great ideas suffer from not being funded... Want to read more? Apply for a membership to Entrepreneurdex.com

Entrepreneur Myth 1: Entrepreneurs are Born

Damir Perge — Sun, 31 May 2009 23:24:43 GMT

Much debate has centered on whether the entrepreneur possesses some ‘entrepreneurial gene.’ Based on my personal experience of investing into more than 30 entrepreneurs, I don’t believe there is such a thing... Read More at Entrepreneurdex.com