3 ms·
Source?
by bush-bby 4y ago
Source?
- Mikeb85 4y agoCome on, this is a startup news board... Failure rate of startups is 90%, restaurants 60%. Both well known facts. You can verify in 2 minutes on Google.
- bush-bby 4y agoWasn’t an attempt at debating validity…just wanted to know more.
- Mikeb85 4y agoAsking "Source?" on a topic where some prerequisite knowledge should be required is a lazy Reddit tactic. But here, since it took me 30 seconds to find: https://www.forbes.com/sites/modeledbehavior/2017/01/29/no-most-restaurants-dont-fail-in-the-first-year/ https://www.forbes.com/sites/modeledbehavior/2017/01/29/no-m... There's other sources too covering different timeframes. It's all information in the public sphere. Stats Canada for example tracks a ton of stats about various businesses.
- bush-bby 4y agoI wasn’t attacking the point, just wanted to read more specific info :) (Also, sorry to inform you I am not a Reddit user) Thank you for linking an article.