Starting up? Here’s what you need to know before you do (Infographic)

Photo credit: Micah. H

One in every 18 people in the world own a business.

Entrepreneurship is not a path for the faint hearted, and some of the most successful entrepreneurs in the world faced enough hostility before making it to where they are today.

Jack Ma, the founder of Alibaba, one of the largest online marketplaces in the world, faced rejection at KFC where he was seeking employment. His application to Harvard was rejected 10 times. Currently, his company employs a good number of graduates from that very institution.

This only goes to show that a resilient spirit and a good plan are two of the stronger points that make a legendary entrepreneur.

There is no recipe to success, but for hard work and resilience. America’s Bill Gates, China’s Jack Ma, and Ghana’s Winifred Selby did not become the entrepreneurial giants they are today by giving in to the hurdles that they found on their way. They put their best foot forward and speared through the adversity.

The infographic below shows some interesting facts about entrepreneurship.

Find out what to do to become an entrepreneur, and perhaps more importantly, what not to do as one.

Infographic credit: Deal Sunny