Five Myth-busting Facts About Starting Your Own Business

There was an interesting statistic recently on inc.com. It suggested that almost two-thirds of people under the age of 30 wanted to start their own business. Many people see business ownership as the best route to financial and career freedom, so it’s no surprise that the number is so high. However, only a small portion of that number will ever succeed in making their dream a reality. Why is that? Well, many people equate starting a business with risk, complexity and potential financial ruin. In other words: it’s too scary. So here are five common myths about starting a new business, and the reality. Myth one: You need to sell your heirlooms and re-mortgage your home just to cover the start-up costs The reality: You (…)

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