1. EachPod

013: Why Businesses Fail - Entrepreneur's Trap #2

Author
Tom Birchall
Published
Tue 25 Aug 2020
Episode Link
https://tombirchall.com/l/podcast

80% of business fail in their first 2 years. Avoid this trap. Tune in now to learn how to be successful in business and not a statistic.

If you looked at 100 businesses, 80% of those business would not be profitable and would fail in a 2 year period. Double that to 4 years. Of the 20 left 16 more would fail (80% of those 20).

That is a total of 96 would be gone and only 4 would be left at the end of 4 years. Yikes!! Let that not be you! Tune in now to learn how to be successful in business and not a statistic.

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