More than one third of all startup businesses fail within the first two years of opening. With such a potentially promising business model, what is going wrong? And what can you do to prevent your own startup from falling flat? Salesforce is here to help: learn what causes startup failure and how to make your business survive and thrive in the future.
Blame it on the media when people seem to think that their hot tech startup will make them a billionaire by their mid-20s. Being a startup, Staff.com is very interested in the factors that contribute to a startup’s success and has created this infographic on the chances that your startup will fail or succeed. This also includes some research on projections for the best sectors to start your new business.
Recent studies have shown that 50 percent of small businesses will fail within the first year and a staggering 95 percent will close their doors before they hit their fifth year of operation. Many factors go into the success or failure of any small business. This infographic presented by top-business-degrees.net explains why some businesses fail and others flourish.
There are not many startups that made it to a billion dollar valuation, but here are the few that did make it. In the infographic below, Staff.com has included a quick look at companies that started in 2004 and onwards (the year when Facebook was founded).
You might not believe it, but now is the best time to start a business. There is less competition because people are focused on surviving, not thriving. There is also a head start on gains once the economy turns around as well as lower office space prices and wages. Check out the infographic below presented by ProfitBricks to learn more about why it’s start-up time in America.
Since 1987, SXSW has morphed into an interactive, film and music conference and festival that brought together 19,364 attendees in 2011. Rocksauce Studios has created the following infographic that dissects the interactive portion of SXSW, and proves why this conference is the new popular techie playground.
Spend some time in Silicon Valley and your ears will no doubt experience an endless barrage of startup-related buzzwords. Words like “pivot,” “hyperlocal,” and “MVP” are all used in the business vernacular, but truth be told most people don’t know what they actually mean. With that in mind, Udemy.com picked the brains of some of “The Valley’s” finest founders and big players to provide you with the real definitions of these mysterious words.
All entrepreneurs, whether they’re the Showman or the Whiz-Kid, contribute in a big way to the growth and development of the economy. This Infographic celebrates the entrepreneur for their sacrifice and all they do to fuel job growth and spur innovation.