In this constantly changing time, it is very important what all factors can lead to more disruptive innovation and the establishment of new ventures. It is necessary to research what is stopping individuals to enter into entrepreneurship. Due to high unemployment rates around the world, there is an immediate requirement to increase the labour force participation rate. Entrepreneurship is one big solution that can not only increase employment in current times but will also increase GDP in the long run. This will also present us with the opportunity to innovate in this constantly changing environment. This research paper discusses the misconceptions that act as barriers to entry in the start-up ecosystem and the role of government in breaking these barriers.