Most successful Entrepreneur fail because of too much competition. They afraid of competition that how to get stand in toe to toe with their competitor. Mostly they do not have writing skills, How to write perfectly to engage customers. Some are lack of focus and some have low business IQ.
Enterprenuer fails they have 18 percent chance to success in first time venture.And 20 percent chance to Enterprenuer successful in a next try.
Rise Of Entrepreneur in United State Of America.
505,473 Number of business establish in US less than 1 year old.
Over 100 active university based Entrepreneurship center in US.
Over 270 endowed position in entrepreneurship increase of 120 percent in last 5 years.
Decline of Business:
20 percent of establishment close after 2 years of business.
50 percent of establishment close after 5 years.
30 percent of business last for ten years.
Business Failure And Comebacks:
Ford Motors Co.
Walt Disney.
Bill gates.
Steve Jobs.
Wendys.
Merry Kay Cosmetics.
Federal Express.
Tips For Success:
Enterprenuer fails they have 18 percent chance to success in first time venture.And 20 percent chance to Enterprenuer successful in a next try.
Rise Of Entrepreneur in United State Of America.
505,473 Number of business establish in US less than 1 year old.
Over 100 active university based Entrepreneurship center in US.
Over 270 endowed position in entrepreneurship increase of 120 percent in last 5 years.
Decline of Business:
20 percent of establishment close after 2 years of business.
50 percent of establishment close after 5 years.
30 percent of business last for ten years.
Business Failure And Comebacks:
Ford Motors Co.
Walt Disney.
Bill gates.
Steve Jobs.
Wendys.
Merry Kay Cosmetics.
Federal Express.
Tips For Success:
- Starting a business at right time is a skill.
- Think about the future keep improving, be persistent.
- Build trust and reliability to customers and products.
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