Even with past failures, entrepreneurs often continue to persevere on, looking for their next venture to jump into. For our series The Grind, one entrepreneur opens up about why she isn't ready to throw in the entrepreneurship towel.
Startup organization Funders and Founders pulled back the veil on the startup lifecycle in this infographic, which was inspired by legendary investor Paul Graham's famous essay, 'How to Start a Startup.'
There's a lot of focus on people who start their own businesses in college, but many successful entrepreneurs start their own businesses after years of work experience. Check out these blockbuster entrepreneurs who struck out on their own in their 30s, 40s and 50s.
An entrepreneur is a person who creates a business where one didn't exist before, often employing innovation and taking on risk.
The terms entrepreneur and small-business owner should not be used interchangeably, although they often are. Typically, entrepreneurs are not content in just owning a business. They are focused on building and growing an enterprise. Many entrepreneurs are ready to move on to the next thing once their venture has taken off.