Comment on Poll: How many times did you fail before succeeding?parentComments−klbarry16yI also have a theory that I've never seen data on. They say that 95% of new businesses fail; I'm willing to bet that the percentage is much less for a person's second or third try.−jaxn16yThat 95% number is BS even though it gets tossed around frequently:http://www.businessknowhow.com/startup/business-failure.htmApparently 44% of small businesses are still in business after 4 years.
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I also have a theory that I've never seen data on. They say that 95% of new businesses fail; I'm willing to bet that the percentage is much less for a person's second or third try.
That 95% number is BS even though it gets tossed around frequently:
http://www.businessknowhow.com/startup/business-failure.htm
Apparently 44% of small businesses are still in business after 4 years.