Nowadays with popular TV shows such as The Apprentice and Dragon's Den, people may have rose-tinted glasses when thinking about what it takes to become a successful entrepreneur. Unfortunately, it's a harsh reality in the entrepreneurial world with 90% of all start-ups failing. If you're thinking of starting your own business there are many factors that you need to take into consideration:
1. The Typical Entrepreneur
2. What Are The Main Reasons for People Becoming Entrepreneurs
3. The Top Reasons Start-Ups Fail
42% - No market need
29% - Ran out of cash
23% - Not the right team
19% - Get outcompeted
18% - Had pricing/cost issues
4. The Best Places to Start Up Your Business
Silicon Valley
New York City
Los Angeles
Boston
Tel Aviv
London
Chicago
Seattle
Berlin
Singapore
5. The Best Ways to Fund your Start-Up
Are you an entrepreneur looking to nurture your new business? Follow our #StartMeUp campaign on Twitter @OregaOffices for your chance to win free office space at Orega. Stay tuned for further announcements!