Get All Access for $5/mo

46 Facts You Should Know About Entrepreneurship (Infographic) Before embarking on your entrepreneurial journey, check out this handy graphic.

By Rose Leadem

Opinions expressed by Entrepreneur contributors are their own.

Xavierarnau | Getty Images

Entrepreneurship is on the rise. Today, there are more than 400 million entrepreneurs around the world -- that means one in every 18 person owns a business, according to statistics compiled by dealsunny.com.

That number is only growing. Many people are leaving their nine-to-five jobs to pursue their own entrepreneurial journeys.

Of course, entrepreneurship is not easy. The average founder's salary is less than $55,000 a year and they're usually working 66 hours a week. Don't let that scare you though. Startups will fail and startups will thrive. The ones that thrive not only mean success for the founder, but for the economy as well, as more jobs are created.

So if you're thinking about embarking on your entrepreneurial adventure, there are a number of things to take into account. The location of your business is a major aspect, as well as why you're starting it.

Take a look at these 46 facts that every entrepreneur should know, by dealsunny.com.

Rose Leadem is a freelance writer for Entrepreneur.com. 

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

Side Hustle

The Side Hustle He Started in His College Apartment Turned Into a $70,000-a-Month Income Stream — Then Earned Nearly $2 Million Last Year

Kyle Morrand and his college roommates loved playing retro video games — and the pastime would help launch his career.

Growing a Business

How Visionary Leaders Transform Curiosity Into Groundbreaking Ideas

Lee Brian Schrager, founder of the South Beach Wine & Food Festival, discusses the spark that launched FoodieCon, his best practices for running popular food events, and why all business owners need to adapt to social media trends.

Business News

Homeowners in These 10 States Pay the Most in 'Hidden' Upkeep Costs

Hidden home costs pile on top of mortgage payments.

Data & Recovery

Get $60 off This Portable VPN Travel Router

Why keep paying for a VPN service when you can have a tiny, lightweight piece of hardware that can provide you with a lifetime of maximum VPN protection?

Money & Finance

Avoid These 10 Mistakes Entrepreneurs Make with Money

Despite the challenging statistic that only 5% of startups survive beyond five years, common financial pitfalls often contribute to their failure. Through personal observation, I've identified the prevalent financial mistakes made by entrepreneurs.

Growing a Business

5 Books to Help You Motivate, Unify and Build Perspective

In a post-Covid world, check out these must-read books to help build a more resilient organization, create a modern work culture and maintain a powerful growth mindset.