Take the Entrepreneurship Test

Scott Shane of Case Western recently published The Illusions of Entrepreneurship: The Costly Myths That Entrepreneurs, Investors, and Policy Makers Live By. In the book, he bursts many of the bubbles of entrepreneurship in America. Says he, “People start businesses based on the myths we tell ourselves about entrepreneurship and then are hurt when confronted by reality. Investors believe these myths and invest money and they’re disappointed when they don’t hold true. Policy makers make policy based on these myths and then wonder why the economy isn’t growing with all these entrepreneurs now in it.” If you think you already really know the scoop about entrepreneurship, try taking his test. If you score less than 80%, maybe you should buy the book. I scored a whopping 40%.