Lots of people subscribe to entrepreneurship myths and misconceptions—and members of the Young Entrepreneurship Council tells the biggest ones they have heard.

What many envision entrepreneurship as is almost the exact opposite of what being an entrepreneur really is all about. The Young Entrepreneurship Council weighed in on the biggest misconceptions they have heard about starting a business and how to shake yourself of them fast.

You need to be niche

"Entrepreneurs always worry about finding an incredible differentiation point so they can outwit and outsmart their competitors all the time. The fact is, a niche does not guarantee success, and it won't save your company from failure either. Businesses should be built if they will offer a valuable product or service at a reasonable price."

To read the original article: The 13 biggest misconceptions about entrepreneurship