5 Myths That Can Kill a Startup – GigaOM

Enroll in an academic program, make friends with some of the other really smart students, drop out of school with them to create a company, work 80 hours a week and one day, ka-ching! This is the startup formula to success that the media would have us believe — the new American dream, as it were. Granted there are some notable entrepreneurial dropouts who have made it big, among them Bill Gates, Larry Ellison, Steve Jobs and more recently, Mark Zuckerberg. But while many of us are familiar with the paths they’ve taken, such paths are simply not the ones most entrepreneurs walk down to ultimately find success.

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