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Most new businesses of any kind don't last very long. 80% fail rate isn't unusual in, say, the restaurant business. Starting a new business is hard, and risky,
by Finnucane 9y ago
Most new businesses of any kind don't last very long. 80% fail rate isn't unusual in, say, the restaurant business. Starting a new business is hard, and risky, period.
- CyberFonic 9y agoMost of those failed restaurants were started by people who never worked in one. When you have only been a guest you think it is easy. If you have worked in other people's restaurants then you most likely wouldn't want to start one. If you did, at least you would have an idea of what works and what doesn't. But still no guarantee of success.