Starting your own business is a tough job. There are thousands of new companies founded every year all around the world, but most of them fail within the first five years of operation. However, for the few ventures that actually make it, the upside potential is virtually unlimited.





see also: Entrepreneurial Method) shows that the success of a venture depends on much more than just its business case. Hence, if you want to start your own business, you have to know what it takes to be successful and how you can increase your chances. The latest research on entrepreneurship () shows that the success of a venture depends on much more than just its business case. Hence, if you want to start your own business, you have to know what it takes to be successful and how you can increase your chances.



With this in mind we have created an infographic that illustrates and explains the 8 most important things you should consider in order to become a successful entrepreneur. Take a look:





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Source: Principles of Economics and Business

Labels: Business, Entrepreneurial Method, Entrepreneurship, Infographic