Scott Shane, Professor of Entrepreneurial Studies at Case Western University and author of Illusions of Entrepreneurship: The Costly Myths That Entrepreneurs, Investors and Policy Makers Live By, alerted me to his quiz, which I promptly took.
I scored 50%, while my buddy Guy Kawasaki scored 40%. At least I don’t feel so bad!
It is a good example of promoting a book while educating about its core content in an interesting way. I look forward to reading it for my own book research, as I think illusions abound for the want-to-start-a- business-crowd. Based on my results, I have a few illusions myself!
Check it out here and let me know how you score.
Update later in the day:
VERY interesting follow up guest post by Scott on Guy’s blog which may clear up some questions you had about the quiz: Top Ten Myths of Entrepreneurship.
A very intriguing, slightly deflating point from the interview (the first point in bold is the "myth"):
"Starting a business is easy.
Actually it isn’t, and most people who begin the process of starting a
company fail to get one up and running. Seven years after beginning the
process of starting a business, only one-third of people have a new
company with positive cash flow greater than the salary and expenses of
the owner for more than three consecutive months."
Probably true. Still worth it, I say!