The Gritty Reality: Starting a Business Isn't for Everyone
The journey of entrepreneurship is fraught with challenges that aren't often discussed in success stories. Data from the Bureau of Labor Statistics show that about 20% of new businesses fail during the first two years of being open, 45% during the first five years, and 65% during the first 10 years.
Only 25% make it to 15 years or more. This paints a picture of the high-risk environment that is entrepreneurship, requiring a blend of resilience, financial acumen, and a bit of luck to succeed.
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I believe that the vastness of the internet holds content that can aid each of you on your path to self-improvement. My hope is to curate and deliver this content to you, supporting your journey towards becoming a better version of yourself!
I find this topic interesting because many people around me are beginning to develop their own businesses, and sometimes I wonder if owning a business is a modern trend and if the traditional 9-5 job is becoming a relic of the past.
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