Question:

Choose the misconception for the following story:
Sheen lost her job during Covid. She could not spend more, so she decided to make jewellery with waste material. Now she is selling it online and earning better.

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Starting a business often depends on creativity and resourcefulness, not just financial resources.
Updated On: Dec 19, 2024
  • A person needs a lot of money to start a business.
  • Every business idea needs to be unique or special.
  • A person having a big business is an entrepreneur.
  • Entrepreneurs are born, not made
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The Correct Option is A

Solution and Explanation

The story demonstrates that Sheen started her business using waste material with minimal investment, proving that large amounts of money are not always necessary to start a business. Creativity, innovation, and resourcefulness can lead to success even with limited funds.
The other options address different misconceptions about entrepreneurship, but they are not relevant to this story.
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