Why most businesses fails?

“It’s not about ideas. It’s about making ideas happen.” – Scott Belsky

  • Research on Business startup shows that majority of the business startups fails.
  • It is been estimated that about 25% of the new startups fails within first 18 months.
  • Only 50% of the business new startups crosses the first five year mark .
  • And only about less than 33% of the new business startups reaches 10 year mark.
  • Only 1% of the businesses ever goes public
  • The reason is most businesses are not started by people who know how to run a business.
  • The reality is business is risky. No business is easy. Business is a trap.
  • If you don’t know how to run a business , how can you expect to succeed.
  • Today, the competition is fierce than ever before in the history.
  • Knowing the technical aspects of the business is not enough to run a successful business.
  • All successful businesses are operated by people who know how to run a business successfully.
  • They leave nothing nothing by chance.
  • Don’t assume . Get the facts.

“Ideas are easy. Implementation is hard.” – Guy Kawasaki

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