Have you ever dreamed about starting your own company? Or coming up with a new invention that will change the world and make you rich and famous?
Although 11,000 new startups launch every second, many of them are destined to fail. In fact, 20% of new companies fail in their first year and only 50% of new companies survive through their fifth year.
So, if you’re chasing entrepreneurial aspirations, what traits do you need to become a successful one?
“I’m convinced that about half of what separates the successful entrepreneurs from the non-successful ones is pure perseverance.” – Steve Jobs, Co-Founder of Apple
This infographic from business energy broker Smarter Business outlines 6 key ingredients to entrepreneurial success – location, time, stress management, marketing and sales, money management and confidence.