Founding a startup is an exhilarating yet challenging endeavour filled with a never-ending train of decisions. The journey is anything but straightforward and there are numerous misconceptions surrounding the entrepreneurial journey that can cloud aspiring founders' understanding of what it truly takes to succeed. In this article, we aim to debunk some of the most common misconceptions about founding a startup. By unraveling these myths and shedding light on the realities of startup entrepreneurship, we provide aspiring founders with a more accurate perspective, enabling them to approach their ventures with a clearer mindset and increased chances of long-term success. From the fallacy of overnight success to the belief that funding alone guarantees triumph, we explore these misconceptions and offer insights to help aspiring entrepreneurs navigate the entrepreneurial landscape more effectively.