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How to Change the World: Top Ten Myths of Entrepreneurship

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Saved by 16 people (-6 private), first by anonymouse user on 2008-01-11


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Most entrepreneurs start businesses in attractive industries. Sadly, the opposite is true. Most entrepreneurs head right for the worst industries for start-ups. The correlation between the number of entrepreneurs starting businesses in an industry and the number of companies failing in the industry is 0.77. That means that most entrepreneurs are picking industries in which they are mostlikely to fail.

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