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

Former Staff Writer

Geoff Weiss is a former staff writer at Entrepreneur.com.

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

Editor's Pick

Innovation

4 Ways Market Leaders Use Innovation to Foster Business Growth

Forward-thinkers constantly strive to diversify and streamline their products and services, turning novelties into commodities desired by many.

Business News

JPMorgan Shuts Down Internal Message Board Comments After Employees React to Return-to-Office Mandate

Employees were given the option to leave comments about the RTO mandate with their first and last names on display — and they did not hold back.

Business Process

The Best Times, Days and Months To Post on YouTube (2023)

When is the best time to post YouTube videos to maximize their effect? Discover the best time to post on YouTube in this detailed guide.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Leadership

From Elite Athletes to Tech Titans — Discover the Surprising $100-Million Habit That Leads to Extraordinary Success

Success comes from mastering focus, eliminating distractions and prioritizing what truly matters.

Business Culture

What Every Business Leader Can Learn From Dutch Bros' People-First Culture

The coffee chain is turning employees into owners of the customer experience.