“One third of all new businesses fail by the two-year mark, and almost 60% fold within four years, according to a 2005 Monthly Labor Review study. But resilience can be rewarded. So can keeping a positive perspective.”
More famous failures.
This rather sobering statistic haunts me as my parents were one of the 1/3 that failed. Our own business is rather progressing but after six years we are still facing every day challenges and problems. I’m hoping we can all be more resilient.
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