Reply To: How often do startups fail?
Gents,
I believe that 90% of startups do not survive for over 5 years. But here is the cool thing. People that tend to want to go out and build something often start with one idea and one vision. The funny thing is that these entrepreneurial people often end up with a totally different business. At one point in my life, I was a real estate agent. I loved going around and meeting people, but I quickly learned that people buying and selling homes are crazy! Sellers always overvalue their property buyers always want deals. finally there are tons of people that will waste your time LOOKING.
SO I sat down and figured that I am good at getting leads, so I passed on leads to other agents. They do all the work with the craziesand I get part of their commissions.
I started with one vision ended up doing something else with a different focus.