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Entrepreneurship Journey — Entrepreneurship STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipEntrepreneurship Journey3 Marks
Question
There are many misconceptions related to a business idea. State any two such misconceptions and the realities behind such misconceptions.
✓

Answer

Two misconceptions and the realities behind these misconceptions are:
  1. Great ideas just appear out of nowhere: This is the most common misconception related to a business idea and assumes that business ideas appear out of nowhere. The reality is that the best idea generators develop a business idea in a structured and systematic way.
  2. There are no illogical ideas: This is again a common misconception related to a business idea and assumes that all business ideas are logical. But the reality is that many business ideas might be totally illogical.

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