Businesses fail all the time. SBA likes to throw statistics at you such as a 95% failure rate within a year of operation and so on. (But see the definitive small business failure rates.)
The reasons as to why businesses fail can be many. Here’s what I think. The reason most businesses fail is because entrepreneurship is a lifestyle shift, which most entrepreneurs do succeed in. It is, however, the mind shift that’s an integral part of entrepreneurship that remains incomplete. Most entrepreneurs do make mistakes during the startup phase.
To read the full, original article click on this link: 9 Entrepreneurship Principles You Shouldn’t Forget
