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Opinions expressed by Entrepreneur contributors are their own. Entrepreneurship is on the rise across the globe. More than 582 million people have embarked on the journey to create a new business, according to Global Entrepreneurship Monitor. And seemingly there are just as many myths and misconceptions as there are people launching new ventures.So before you jump in feet first, use your head. You don’t want to become discouraged because you didn’t do your due diligence. There are plenty of options to start. You can do research online, or even take an online course. Perhaps you’ll want to seek mentorship from someone whose business acumen you admire. What you don’t want to do is create your own barriers to success.Related: The 6 Biggest Startup Mistakes Entrepreneurs MakeLet’s unpack how five of the most common and pervasive myths may be preventing your success.  Myth 1: You need to be the first and only  Don’t panic that you’re late to the party. Your business doesn’t have to be the first to arrive.However, that doesn’t mean you should ignore that others got there first. In fact, you can use that to your advantage. Look for your white space. Ask yourself what your business can do to fit into an already crowded market. What can you do differently to make your brand stand out? That’s what the company Hinge did when it entered the crowded dating app arena. By researching their target audience, the company’s founders identified the basic human need. That deeper connection and interaction could and should be front and center when it comes to dating. To set itself apart, Hinge became the app you use to find someone you actually like. They set out to create an online house party and it worked.Look through the eyes of your customers. They want services and products to be intuitive. They don’t want to have...

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5 Myths That May Be Causing Your Startup to Stall

Opinions expressed by Entrepreneur contributors are their own. Entrepreneurship is on the rise across the globe. More than 582 million people have embarked on the journey to create a...

How to Start a Multimillion-Dollar Amazon Business With Less Than $2,000

October 3, 2019 6 min read Opinions expressed by Entrepreneur contributors are their own. This article was written by Matt Clark, co-founder and chairman of Amazing.com,...

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