Running a business is hard. If anyone tells you otherwise, you should seriously question what that person is trying to sell you. The statistics on the failure rate of businesses have remained consistent.
Failure rates by years in business:
- Year 1 – 20%
- Year 5 – 50%
- Year 10 – 70%
While the breakdown of these statistics will vary by industry, the numbers are not promising.
Continue reading 3 Important Insights from a Failed Business Venture at StartUp Mindset.
https://startupmindset.com/insights-from-a-failed-business-venture/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+startupmindset+%28StartUp+Mindset%29
#financialfreedomllc #businesstips #business #entrepreneur #businessowner #entrepreneurship #marketing #smallbusiness #businesscoach #digitalmarketing #success #entrepreneurlife #motivation #businessideas #businessgrowth #businesswoman #businessman #businessquotes #businessowners #businessstrategy #startup #businesslife #businessmindset #businessminded #entrepreneurs #businessadvice #entrepreneurmindset #marketingtips #onlinebusiness #branding