Get All Access for $5/mo

The Many Paths to Starting a Startup (Infographic) From accelerator programs to self-funding to outsourcing prototype development, this infographic sheds light on some of the most popular paths toward launching a business.

By Geoff Weiss

Opinions expressed by Entrepreneur contributors are their own.

Pixabay

What's the best way to pull the trigger on a breaking business idea?

Some startups are born out of accelerator programs, while others are actuated out their founders' wallets. There are also entrepreneurs who choose to outsource the development of their minimum viable product (MVP).

While there's no right way to start a startup, the below infographic -- care of Polish web development agency Naturaily -- aims to shed light on some of the most popular paths.

In addition to listing the best accelerator programs in the country (Y Combinator, Techstars), Naturaily has also culled pithy quotables from major business heavyweights. "If you are not embarrassed by the first version of your product," according to LinkedIn co-founder Reid Hoffman, "you've launched too late."

Related: How to Make Your First Ecommerce Sale (Infographic)

For more startup tips, check out the infographic below.

Click to Enlarge+

Related: How Technology Is Ruining Sleep -- and How to Fix the Problem (Infographic)

Geoff Weiss

Staff Writer. Frequently covers digital media.

Geoff Weiss is a staff writer at Entrepreneur.com who frequently covers digital media.

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

Editor's Pick

Business News

How Nvidia CEO Jensen Huang Transformed a Graphics Card Company Into an AI Giant: 'One of the Most Remarkable Business Pivots in History'

Here's how Nvidia pivoted its business to explore an emerging technology a decade in advance.

Business News

Want to Start a Business? Skip the MBA, Says Bestselling Author

Entrepreneur Josh Kaufman says that the average person with an idea can go from working a job to earning $10,000 a month running their own business — no MBA required.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Mark Zuckerberg Says He Was an 'Awkward' Leader When Creating Facebook: 'Still Not My Best Thing'

Meta's CEO said being Facebook's founder and leader at age 19 required lots of "feedback loops."