Under Armour CEO Kevin Plank reveals the 2 biggest misconceptions entrepreneurs have

November 17, 2015 · Posted in Perth Business News 

With all the advancement in technology particularly the popularity of the internet and social media, the career of becoming an entrepreneur has become one of the driving forces in the economy. Today’s entrepreneurs are the ones that control the flow of the world’s economic growth making them valuable assets of the company.

Perth Business News

Kevin Plank, Under Armour CEO

Nowadays, entrepreneurs have made a major impact in the economy as their job has become so broad. As they continue to progress, their scope will continue to change the world.

There are many great reasons why many individuals decide to quit their jobs and decide to start their own business venture. One of which is that they want to be their own boss. Another reason is they want to feel the excitement of creating their own strategies and managerial techniques on how they can grow their company.

However, there are some things that bother aspiring entrepreneurs to get started – starting capital and dominating the market are two of the most common challenges aspiring businessmen faces.

Kevin Plank, the founder and CEO of Under Armour, was once a business aspirant who experienced such issues. According to Plank, he started Under Armour out of his grandmother’s basement in 1996. He also faced a lot of challenges until his company has become successful (Under Armour reached $US 1 Billion in revenue this 2015).

To know more about Kevin Plank and his Under Armour company, you should out the article published by Business Insider’s Richard Feloni. In the article, Plank also discussed the 2 biggest misconceptions entrepreneurs have.

Read the full article here: http://www.businessinsider.com.au/under-armour-ceo-explains-the-misconception-about-ipos-2015-11