Does your business idea need to be run locally? Or could you build it up from anywhere in the world? If the answer is the latter, you may be able to take the pressure off and make your start-up funds stretch much further by setting it up in a far-flung part of the world.
This infographic from FundersandFounders.com highlights places in the world where you can set up business at a fraction of the cost of taking the plunge in London or New York. You can also click here for their detailed country comparisons, covering factors like burn rate (rent and food prices), fast/cheap internet, developed infrastructure, and visa policies.