You can be on Entrepreneur’s cover!

Inspiration for the Downtimes (Infographic) Consider these words of encouragement on the often bumpy road of entrepreneurship.

By Catherine Clifford

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

If you are thinking about starting your own business, you will have to be persistent in the face of challenges and failures.

Check out this infographic (below) from the startup organization Funders and Founders with recommendations on how to never give up on becoming a successful entrepreneur. For example, if it takes three months to field test an idea, then a 30-year-old who lives into old age has more than 200 opportunities to try out a concept for a company, Funders and Founders points out. Also, keep your expectations realistic. Even the legendary Michael Jordan missed over 300 crucial shots. Most of the time, success does not happen overnight or on the first try.

Inspiration for the Downtimes

Source: Funders and Founders

Catherine Clifford

Senior Entrepreneurship Writer at CNBC

Catherine Clifford is senior entrepreneurship writer at CNBC. She was formerly a senior writer at Entrepreneur.com, the small business reporter at CNNMoney and an assistant in the New York bureau for CNN. Clifford attended Columbia University where she earned a bachelor's degree. She lives in Brooklyn, N.Y. You can follow her on Twitter at @CatClifford.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Side Hustle

He Took His Side Hustle Full-Time After Being Laid Off From Meta in 2023 — Now He Earns About $200,000 a Year: 'Sweet, Sweet Irony'

When Scott Goodfriend moved from Los Angeles to New York City, he became "obsessed" with the city's culinary offerings — and saw a business opportunity.

Marketing

I Got Over 225,000 Views in Just 3 Months With Short-Form Video — Here's Why It's the New Era of Marketing

Thanks to our new short-form video content strategy, we've amassed over 225,000 video views in just three months. Learn how to increase brand awareness through short-form video content.

Branding

94% of Customers Say a Bad Review Made Them Avoid Buying From a Brand. Try These 4 Techniques to Protect Your Brand Reputation.

Maintaining a good reputation is key for any business today. With so many people's lives and shopping happening online, what is said about a company on the internet can greatly influence its success.

Personal Finance

How to Get a Lifetime of Investing Experience in Only One Year

Plus, how day traders can learn a lesson from pilots.

Productivity

6 Habits That Help Successful People Maximize Their Time

There aren't enough hours in the day, but these tips will make them feel slightly more productive.

Growing a Business

Looking to Achieve Your Goals But Don't Know Where to Start? Try These Proven Goal-Setting Strategies.

Find a more effective way of creating – and achieving – your goals. Get clear on your vision, make your plan, take action, reassess and then revise.