Startup culture has captured our collective imaginations, and today there are more people dabbling in entrepreneurship than ever before.The fast pace, the pivots, and the setbacks involved in a new venture all make for an exciting day-to-day where anything can happen.
And at the end of the road, with a little luck and some hard work, there is even potential to make a significant return on investment: a take-out offer, or an IPO can be a life changing event for one’s career and financial security.
But the startup life is also grueling and unforgiving. To achieve success, an entrepreneur needs have an incredible amount of perseverance and resolve – the fact is that there is no shortage of obstacles that can threaten to instantly bankrupt or disempower any new venture.
HOW TO LAUNCH A STARTUP, IN QUOTES
Today’s infographic from Wrike serves as a guide to help those aspiring entrepreneurs that aim to go down this challenging but potentially rewarding path.