42+ Fact or Fiction Templates for Entrepreneurship Communities

Do you struggle to get members talking in your entrepreneurship community? Use Fact or Fiction prompts to instantly spark conversations and challenge assumptions. These templates make it easy to engage even the quietest members with interactive, curiosity-driven posts.

Entrepreneurship 42 Templates

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Why This Works

Fact or Fiction content taps into our natural curiosity and desire to test what we know. Entrepreneurs constantly face myths and misconceptions, making this format especially relevant. By challenging members to separate truth from fiction, you invite them to reflect, share opinions, and learn together.

This approach also reduces the pressure to give a 'correct' answer, encouraging participation from both seasoned founders and newcomers. Revealing the truth or discussing the answer builds shared knowledge and trust, while keeping interactions light, fun, and memorable.

42 Ready-to-Use Templates

1

Fact or Fiction: Most entrepreneurs start with a detailed business plan. What do you think?

💡 Example: "Fact or Fiction: Most entrepreneurs start with a detailed business plan. What do you think?"

🟡 Medium Engagement Barrier 👤 Average #startup #mythbusting
2

Fact or Fiction: 90 percent of startups fail within the first year.

💡 Example: "Fact or Fiction: 90 percent of startups fail within the first year."

🟡 Medium Engagement Barrier 👤 Irregular #statistics #failure
3

Fact or Fiction: You need to be young to be a successful entrepreneur. Share your guess below!

💡 Example: "Fact or Fiction: You need to be young to be a successful entrepreneur. Share your guess below!"

🔴 High Engagement Barrier 👤 Frequent #age #diversity
4

Fact or Fiction: Most venture capitalists invest in solo founders.

💡 Example: "Fact or Fiction: Most venture capitalists invest in solo founders."

🟢 Low Engagement Barrier 👤 Lurker #funding #VC
5

Fact or Fiction: Failure is a badge of honor in Silicon Valley. What do you think?

💡 Example: "Fact or Fiction: Failure is a badge of honor in Silicon Valley. What do you think?"

🟡 Medium Engagement Barrier 👤 Average #culture #failure
6

Fact or Fiction: Entrepreneurs work fewer hours than employees.

💡 Example: "Fact or Fiction: Entrepreneurs work fewer hours than employees."

🟡 Medium Engagement Barrier 👤 Irregular #work-life #lifestyle
7

Fact or Fiction: The majority of startups are funded with personal savings. Agree or disagree?

💡 Example: "Fact or Fiction: The majority of startups are funded with personal savings. Agree or disagree?"

🔴 High Engagement Barrier 👤 Frequent #funding #bootstrapping
8

Fact or Fiction: All entrepreneurs are risk-takers at heart.

💡 Example: "Fact or Fiction: All entrepreneurs are risk-takers at heart."

🟡 Medium Engagement Barrier 👤 Average #personality #risk
9

Fact or Fiction: You need a unique idea to start a successful business. Guess below!

💡 Example: "Fact or Fiction: You need a unique idea to start a successful business. Guess below!"

🔴 High Engagement Barrier 👤 Top #ideas #innovation
10

Fact or Fiction: Most entrepreneurs make money in the first year.

💡 Example: "Fact or Fiction: Most entrepreneurs make money in the first year."

🟡 Medium Engagement Barrier 👤 Average #money #profit
11

Fact or Fiction: Networking is more important than product quality. What do you think?

💡 Example: "Fact or Fiction: Networking is more important than product quality. What do you think?"

🔴 High Engagement Barrier 👤 Frequent #networking #product
12

Fact or Fiction: Women-owned startups get less funding than men-owned startups.

💡 Example: "Fact or Fiction: Women-owned startups get less funding than men-owned startups."

🟡 Medium Engagement Barrier 👤 Average #diversity #funding
13

Fact or Fiction: You must know how to code to launch a tech startup. Share your answer!

💡 Example: "Fact or Fiction: You must know how to code to launch a tech startup. Share your answer!"

🔴 High Engagement Barrier 👤 Top #skills #tech
14

Fact or Fiction: Success in entrepreneurship is mostly about luck.

💡 Example: "Fact or Fiction: Success in entrepreneurship is mostly about luck."

🟡 Medium Engagement Barrier 👤 Irregular #luck #success
15

Fact or Fiction: Most small businesses are profitable after five years.

💡 Example: "Fact or Fiction: Most small businesses are profitable after five years."

🟢 Low Engagement Barrier 👤 Lurker #profitability #SMB
16

Fact or Fiction: You should quit your job before starting a business. Vote in the comments!

💡 Example: "Fact or Fiction: You should quit your job before starting a business. Vote in the comments!"

🔴 High Engagement Barrier 👤 Frequent #career #transition
17

Fact or Fiction: Entrepreneurs never take vacations.

💡 Example: "Fact or Fiction: Entrepreneurs never take vacations."

🟡 Medium Engagement Barrier 👤 Average #work-life #balance
18

Fact or Fiction: You need a lot of money to start a business. Share your thoughts!

💡 Example: "Fact or Fiction: You need a lot of money to start a business. Share your thoughts!"

🔴 High Engagement Barrier 👤 Top #funding #startup
19

Fact or Fiction: The customer is always right in business.

💡 Example: "Fact or Fiction: The customer is always right in business."

🟡 Medium Engagement Barrier 👤 Irregular #customer #service
20

Fact or Fiction: Entrepreneurship is less stressful than a 9-to-5 job. What is your guess?

💡 Example: "Fact or Fiction: Entrepreneurship is less stressful than a 9-to-5 job. What is your guess?"

🔴 High Engagement Barrier 👤 Frequent #stress #lifestyle
21

Fact or Fiction: All successful entrepreneurs dropped out of college.

💡 Example: "Fact or Fiction: All successful entrepreneurs dropped out of college."

🟢 Low Engagement Barrier 👤 Lurker #education #success
22

Fact or Fiction: You need an MBA to run a successful business.

💡 Example: "Fact or Fiction: You need an MBA to run a successful business."

🟡 Medium Engagement Barrier 👤 Average #education #skills
23

Fact or Fiction: Most entrepreneurs have multiple failed businesses before success. Agree?

💡 Example: "Fact or Fiction: Most entrepreneurs have multiple failed businesses before success. Agree?"

🟡 Medium Engagement Barrier 👤 Average #failure #resilience
24

Fact or Fiction: You have to work alone to be a true entrepreneur.

💡 Example: "Fact or Fiction: You have to work alone to be a true entrepreneur."

🟢 Low Engagement Barrier 👤 Lurker #teamwork #myth
25

Fact or Fiction: The best time to start a business is during a recession. Vote below!

💡 Example: "Fact or Fiction: The best time to start a business is during a recession. Vote below!"

🔴 High Engagement Barrier 👤 Frequent #timing #economy
26

Fact or Fiction: Most entrepreneurs regret leaving their corporate jobs.

💡 Example: "Fact or Fiction: Most entrepreneurs regret leaving their corporate jobs."

🟡 Medium Engagement Barrier 👤 Irregular #career #regret
27

Fact or Fiction: You need a co-founder to raise venture capital. What is your take?

💡 Example: "Fact or Fiction: You need a co-founder to raise venture capital. What is your take?"

🔴 High Engagement Barrier 👤 Top #funding #team
28

Fact or Fiction: Most entrepreneurs are extroverts.

💡 Example: "Fact or Fiction: Most entrepreneurs are extroverts."

🟡 Medium Engagement Barrier 👤 Average #personality #myth
29

Fact or Fiction: You need a perfect product before launching. Agree or disagree?

💡 Example: "Fact or Fiction: You need a perfect product before launching. Agree or disagree?"

🔴 High Engagement Barrier 👤 Frequent #launch #MVP
30

Fact or Fiction: Entrepreneurs are born, not made.

💡 Example: "Fact or Fiction: Entrepreneurs are born, not made."

🟡 Medium Engagement Barrier 👤 Irregular #nature #nurture
31

Fact or Fiction: Most startup founders pay themselves a high salary early on.

💡 Example: "Fact or Fiction: Most startup founders pay themselves a high salary early on."

🟢 Low Engagement Barrier 👤 Lurker #salary #startup
32

Fact or Fiction: Only disruptive ideas attract investors. What do you think?

💡 Example: "Fact or Fiction: Only disruptive ideas attract investors. What do you think?"

🔴 High Engagement Barrier 👤 Frequent #investment #ideas
33

Fact or Fiction: You need to live in a major city to succeed as an entrepreneur.

💡 Example: "Fact or Fiction: You need to live in a major city to succeed as an entrepreneur."

🟡 Medium Engagement Barrier 👤 Average #location #success
34

Fact or Fiction: Entrepreneurs never stop learning. Do you agree?

💡 Example: "Fact or Fiction: Entrepreneurs never stop learning. Do you agree?"

🔴 High Engagement Barrier 👤 Top #mindset #learning
35

Fact or Fiction: You need a big social media following to succeed. True or false?

💡 Example: "Fact or Fiction: You need a big social media following to succeed. True or false?"

🟡 Medium Engagement Barrier 👤 Irregular #marketing #social
36

Fact or Fiction: Most entrepreneurs work from home. Guess below!

💡 Example: "Fact or Fiction: Most entrepreneurs work from home. Guess below!"

🟡 Medium Engagement Barrier 👤 Average #workspace #remote
37

Fact or Fiction: Failure means you are not cut out for entrepreneurship.

💡 Example: "Fact or Fiction: Failure means you are not cut out for entrepreneurship."

🟡 Medium Engagement Barrier 👤 Average #failure #mindset
38

Fact or Fiction: Most startups pivot at least once before finding product-market fit.

💡 Example: "Fact or Fiction: Most startups pivot at least once before finding product-market fit."

🔴 High Engagement Barrier 👤 Top #pivot #growth
39

Fact or Fiction: Entrepreneurship is a lonely journey. What is your experience?

💡 Example: "Fact or Fiction: Entrepreneurship is a lonely journey. What is your experience?"

🔴 High Engagement Barrier 👤 Frequent #mental health #community
40

Fact or Fiction: All entrepreneurs are natural leaders.

💡 Example: "Fact or Fiction: All entrepreneurs are natural leaders."

🟡 Medium Engagement Barrier 👤 Average #leadership #myth
41

Fact or Fiction: The most successful entrepreneurs focus on one business only.

💡 Example: "Fact or Fiction: The most successful entrepreneurs focus on one business only."

🟢 Low Engagement Barrier 👤 Lurker #focus #success
42

Fact or Fiction: You need to be a jack of all trades to run a startup. Do you agree?

💡 Example: "Fact or Fiction: You need to be a jack of all trades to run a startup. Do you agree?"

🔴 High Engagement Barrier 👤 Frequent #skills #startup

How to Use These Templates

Schedule a Fact or Fiction post weekly or during slow engagement periods. Post a surprising statement about entrepreneurship, then ask your members to vote or comment with their guess. After a set time, reveal the answer or invite discussion around it. Mix up topics to keep things fresh, and encourage members to share their own myths for future posts.

Best Practices

  • Use credible sources when sharing factual answers
  • Keep statements short and easy to understand
  • Rotate topics between funding, mindset, marketing, and operations
  • Encourage respectful discussion and sharing of personal experiences
  • Follow up with links or resources for deeper learning

All Platforms Tips

On all platforms, use eye-catching visuals or polls to increase participation. Tag active members to spark the first comments. On forums or Slack, pin the post for the day. On social media, use Stories or Reels for quick engagement. Always reply to early answers to keep the conversation going.

Frequently Asked Questions

How often should I post Fact or Fiction prompts in my community?

Once a week works well, but you can adjust frequency based on your community's engagement level.

Should I always reveal the correct answer?

It's best to reveal the answer after some discussion, along with a credible source, to build trust and learning.

What if members disagree about the answer?

Encourage respectful debate and share sources. Disagreement can drive deeper engagement and learning.

Can I let members submit their own Fact or Fiction statements?

Absolutely. Inviting member submissions increases participation and uncovers new topics.

How do I handle misinformation in responses?

Gently correct with credible sources and encourage an open, learning-focused environment.

Are these templates suitable for both new and experienced entrepreneurs?

Yes. They are designed to be accessible and spark discussion across all experience levels.

What platforms work best for Fact or Fiction posts?

They work on all platforms, including forums, Slack, Discord, Facebook groups, and LinkedIn.

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