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.

Science & Technology

This AI is the Key to Unlocking Explosive Sales Growth in 2025

Tired of the hustle? Discover a free, hidden AI from Google that helped me double sales and triple leads in a month. Learn how this tool can analyze campaigns and uncover insights most marketers miss.

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.

Leadership

The End of Bureaucracy — How Leadership Must Evolve in the Age of Artificial Intelligence

What if bureaucracy, the very system designed to maintain order, is now the greatest obstacle to progress?

Business News

A New Hampshire City Was Named the Hottest Housing Market in the U.S. This Year. Here's the Top 10 for 2024.

Zillow released its annual lists featuring the top housing markets, small towns, coastal cities, and geographic regions. Here's a look at the top real estate markets and towns in 2024.

Business Ideas

Is Your Business Healthy? Why Every Entrepreneur Needs To Do These 3 Checkups Every Year

You can't plan for the new year until you complete these checkups.

Business News

A Government Shutdown Could Cost the U.S. Economy $6 Billion a Week, According to EY's Chief Economist

Experts from EY tell Entrepreneur that a government shutdown could leave "a visible mark" on the economy.