About 82% of all startups fail within their first 5 years and I have a theory about why this happens: Most business owners think they know their business models when they’re starting new companies, but they don’t. They think they know what benefits people are more interested in (for example, they end up crafting their[...]

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Ever wondered what the business failure rate is? Between 75% and 90% of all new businesses fail within the first 10 years. If we also take most dotcom startups into consideration, 9 out of 10 new businesses won’t make it to their third year. The actual figures vary according to the source, but it looks[...]

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