The Rumors That Many Entrepreneurs Think Are the Secret to Success

In the world of entrepreneurship, many people hear advice or so-called “rumors” about the secret to success — and they believe that following them guarantees reaching the top… but the truth is completely different.

At Al-Ruwad, we have seen projects collapse because they relied on rumors instead of data and realistic analysis.

Let’s clarify the most common rumors that many people believe 👇

1
Success depends only on luckNot every successful project happened by chance. Those who succeed know their market, plan well, and invest wisely — luck is just a supporting factor, nothing more.
2
Money solves all problemsHaving capital is important, but it’s not enough. Smart financial management, controlling cash flows, and investing in the right opportunities are more important than how much money you have.
3
Every idea is profitableThe market is full of ideas, but not every idea succeeds. Successful companies know how to choose opportunities that bring real returns and avoid those that can cause losses.
4
Working without a clear plan is enoughThose who work without a clear vision and strategy usually work hard with no results.
A clear plan, defined goals, and continuous follow-up are the real keys to sustainability.
5
Consultants are not necessaryEven top entrepreneurs need an external voice.
The right consultation helps you avoid costly mistakes and ensures your decisions are based on proper analysis and clear realities.