Which of the following statements is not true regarding the attributes of the founder(s) of a firm?
A) Evidence suggests that important entrepreneurial skills are enhanced through higher education.
B) Founders with prior entrepreneurial experience are more likely to avoid costly mistakes.
C) Founders with experience in the same industry as their new ventures will typically have "blinders" on and are typically not as effective as founders new to the industry.
D) Founders with broad social and professional networks have an advantage.
E) New ventures that are started by a team rather than an individual have an advantage.

Question

Quizplus · Accepted Answer

This statement is not true. In fact, founders with experience in the same industry as their new ventures may have valuable insights and expertise that can be crucial for success. However, it is important for them to be open-minded and willing to adapt to new trends and changes in the industry.

Which of the Following Statements Is Not True Regarding the Attributes