According To The SBA 62.8% Of You Will Fail
Written by George Manty · January 5, 2009
That’s a REAL statistic from the Small Business Association… 62.8% of businesses will fail. I know that is a daunting statistic, but the folks at Stompernet have released a new video that reveals a formula to help businesses succeed that works on 93% of all businesses that try it.
Go check out the video by clicking here.
PS. Stay tuned to this blog for a special announcement on Wednesday, but for now go check out the video.
Interesting video. I agree, knowing that 62.8% of businesses fail is quite daunting. It really puts things in perspective.
I am not surprised by these statistics because most people that go into business for themselves don’t have the drive and motivation to succeed as an entrepreneur.
well said.It’s a hard truth that the majority of the startups fail.Bus as donny said most of them really don’t have a plan ,strategy ,drive and motivation to continue.Even if some have a plan,they DO fail during the tough times.
I’ve checked the video and I loved the explanation. Thanks for the recommendation, George!
The above figure can be true. When trying to make money from
home, we must also remember that “failing to plan is planning to fail.”