Why most businesses fails?

“It’s not about ideas. It’s about making ideas happen.” – Scott Belsky

• Research on Business startup shows that majority of the business startups fails.

• It is been estimated that about 25% of the new startups fails within first 18 months.

• Only 50% of the business new startups crosses the first five year mark .

• And only about less than 33% of the new business startups reaches 10 year mark.

• Only 1% of the businesses ever goes public

• The reason is most businesses are not started by people who know how to run a business.

• The reality is business is risky. No business is easy. Business is a trap.

• If you don’t know how to run a business , how can you expect to succeed.

• Today, the competition is fierce than ever before in the history.

• Knowing the technical aspects of the business is not enough to run a successful business.

• All successful businesses are operated by people who know how to run a business successfully.

• They leave nothing nothing by chance.

• Don’t assume . Get the facts.

“Ideas are easy. Implementation is hard.” – Guy Kawasaki