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Tag: Entrepreneurship

Six lies about entrepreneurs

A recent Forbes article, Six Whopping Lies Told About Entrepreneurs … Sometimes By Entrepreneurs Themselves, created quite a stir online. It listed six myths about entrepreneurs that are worth repeating because these misperceptions dissuade some who from starting businesses and create a false sense of confidence in others.

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The six lies

  1. They are the smartest and most high achieving people in the room. The data shows this is not the case, as most the top achieving entrepreneurs were not considered the smartest growing up (though I am sure their parents thought so). The article quotes one very successful entrepreneur as saying, “If I had a 4.0 at graduation, it stood for the number of parties I went to the night before rather than my GPA.” Entrepreneurs don’t typically try to please other people; rather, they find something that deeply fascinates them and then hyper-focus on that particular opportunity. Hence, the high dropout rates. Just looking back, none of my friends and classmates in high school and college who were considered “smartest” have achieved anything entrepreneurial. Continue reading “Six lies about entrepreneurs”

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Unknown's avatarAuthor Lloyd MelnickPosted on July 16, 2013July 18, 2013Categories General Social Games BusinessTags Entrepreneurship1 Comment on Six lies about entrepreneurs

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Lloyd Melnick

This is Lloyd Melnick’s personal blog.  All views and opinions expressed on this website are mine alone and do not represent those of people, institutions or organizations that I may or may not be associated with in professional or personal capacity.

I am a serial builder of businesses (senior leadership on three exits worth over $700 million), successful in big (Disney, Stars Group/PokerStars, Zynga) and small companies (Merscom, Spooky Cool Labs) with over 20 years experience in the gaming and casino space.  Currently, I am the GM of VGW’s Chumba Casino and on the Board of Directors of Murka Games and Luckbox.

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