Startupization: the risk, the cost, and the rewards [Infographic]
“Our mission is to inspire everyone from engineers to moms to do a startup.” This is how Anna Vital starts her blog featuring an infographic on startupization, a concept she refers to as “The Future”.
The infographic defines startupization as a social movement that promotes startups and entrepreneurship, one that is gaining popularity as a means to fulfilling employment which allows people to design their own lives.
To back up her idea, Vital lists a few data points, focusing on the fact that in 2014 there are as many as 305 million startups worldwide and 472 million entrepreneurs, 8% of which are women, with a success rate of 46%, “if you are serious about it.”
She lists five reasons why one should build their own startup:
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Control over your job and life
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An exciting life
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Lifestyle of your choice
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An enduring legacy in the form of your company
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Contributing to growing the economy