So we've all heard that 98% of small business will fail in the first 5 years. Hopeful entrepreneurs will look at that statistic one of two ways.. either as a challenge or as a reason not to pursue a business.
But what if I told you that number was bullshit?
View attachment 16071
This chart from the SBA shows that 2/3 of small business survive the first year and roughly half will make it to year 5.
Yet why...
Why 98% of businesses fail...
from Why 98% of businesses fail...
No comments:
Post a Comment