2 ms·
Again, people spreading false statistics, maybe to serve the "hero/risk taker" narrative? Yawn. About 50% of businesses close their door in the first 5 years,
by Mulpze15 6y ago
Again, people spreading false statistics, maybe to serve the "hero/risk taker" narrative? Yawn.
About 50% of businesses close their door in the first 5 years, not 95%. [1]
When someone makes such a common huge mistake, I am thinking that either they are not the slightest competent, or that they have an agenda that cannot be justified with realistic/honest numbers.
[1] BLS, Bureau of Labor Statistics:
https://www.bls.gov/bdm/entrepreneurship/entrepreneurship.htm https://www.bls.gov/bdm/entrepreneurship/entrepreneurship.ht...