I suppose it depends on how you differentiate between startups and small businesses, but the failure rate might not be as bad you would think depending on how y

I suppose it depends on how you differentiate between startups and small businesses, but the failure rate might not be as bad you would think depending on how you expect to run your business. Only 50% of small businesses will have failed after 5 years[0], which is a significantly lower rate of failure than you typically hear for startups. If you decide to start a lifestyle business as opposed to a high-growth startup you may be more successful in terms of wealth and health. [0] https://www.fundera.com/blog/what-percentage-of-small-businesses-fail https://www.fundera.com/blog/what-percentage-of-small-busine...