Saturday, July 10, 2010

Businesses Fail at an Alarming Rate

Eight of ten business fail. Eight of ten is breathtaking, to say the least. If it happens so often, why is business failure so painful? Possibly it is because most start-up businesses are a direct reflection of the founder/entrepreneur.
No one starts a business with a goal of failure. Everyone begins with visions of success. When a business fails it gobbles up all involved and takes them "down with the ship."
Perhaps, before we start a business, it would be important to consider why business fail. There are many, of course, but some of the more common are listed in the poll: 
http://polls.linkedin.com/p/94999/xxzyp  Please give us your opinion.
Thanks!


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