Perceive: interpret or look on (someone or something) in a particular way.

Applied: (of a subject or type of study) put to practical use as opposed to being theoretical.

I started off with these two definitions so that you can have a clear understanding of the topic at hand I am discussing. When it comes to entrepreneurship, a great deal of people are theorizing about the process of it without actually having any real experience in the lifestyle. Read More Perceived Knowledge vs Applied Knowledge

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