Did you know that 73 percent of tech startup founders make less than $50,000 a year? Also, did you know that 44 percent of startups failed within three years time? Yet, so many budding entrepreneurs establish new and innovative startups today than ever before? What gives?
For a founder, starting up is not all about making money as quick as he/she can so that he/she can retire to the beach. For a founder, starting up a business means more than mere money.
Startup is about turning a dream, a vision into reality. Starting up means you change people life. Some tech startups are simply innovative, they literally hack the way people life and do business. Think Apple. Think Facebook.
Here’s probably why startups matter: On the first year, startups add an average of 3 million jobs. Indeed, startups make a difference. It doesn’t matter even if the founder makes less than 50 grand a year to do so. Again, to many, their startups worth more than money.
But will they ever be rich? Of course. Just like any other successful startups, they will get there. As they continue to change people’s life and help people solve their personal/business problems, money will eventually come to them.
Enough talking. Let this infographic shows you some numbers:
Yes, it’s not easy to start up a business. But the opportunities to change the world just can’t stop budding entrepreneurs to launch a startup.
I am an entrepreneur. I own a startup. I am a change maker. The hours may be suck. The pay may be minimal. But the satisfaction is priceless. Are you ready to start up? Will you join us as change makers?
