Most people never become as successful as they want to be. I’m convinced that the reason is their perception of what failure is. Notice that I didn’t say they’re afraid of failing. Nobody likes failing. No matter how much other people tell you that failing is OK, we all know that it’s something we want to avoid.[...]
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This is the way most people start a business: Choose a product to sell or service to offer (based on the industry or hobby they know best) Choose a name for the company Create a Corporation or a LLC Write a business plan Get funding Get a website, office, business cards, etc. Launch the company[...]
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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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