Scenario A. Your roommate comes in after class to tell you, with great excitement, that she has decided to become an entrepreneur. Her reasons are these: First, she is a gambler so she believes this is a perfect match for her "personality." Second, she is an admitted "control freak". She is confident that all it takes is a good idea and that the money will surely follow. Finally, she made 650 on her SATs so her success, she feels, is a certainty.
-What is your assessment of your roommate's chance of success as an entrepreneur?
A)She may be successful,but she must realize that her ideas are based on myths.
B)She will be successful because she understands the entrepreneurial role.
C)She could never be successful.
D)She will be successful because she is smart.
E)There is no way to assess her chances of success without hearing about her idea.

Question

Quizplus · Accepted Answer

Your roommate's reasons for wanting to become an entrepreneur are based on myths and misconceptions. Being a gambler or a control freak does not necessarily translate into entrepreneurial success, and believing in the certainty of success based on standardized test scores is misguided. It is important for her to have a realistic understanding of the challenges and hard work required for entrepreneurial success.