The Recipe for Success: Why Businesses Fail & How to Avoid It

there is no recipe for Success unfortunately otherwise everybody would be successful so the idea here each business is a special situation and let's be honest most of when we say most of the startup fails within a year or let's say the number that scare a lot of people 97% of businesses fails within 3 years that's a very scary year this number also is bias why because in this statistic we talk inside it businesses that are not serious some people start businesses with new scill no money with only a bunch of friends who want to be rich but they say call it a business and then of course it will fail it's this to fail and side hustle most of the time does will not work because it's a side hustle that means you have something else going in your life and this something else has the priority in terms of truth I think 50/50 is the real number for serious businesses if you're starting a business you have the skills and you are serious about it you are not theja most of the time you have a 50/50 chance of succeeding which is this is the optimistic side of it and again I'm not talking about delusional people who say okay I will start a business I'm the first one to SE showes on the moon so I'll be successful good luck okay you don't need to be delusional you need to be realistic