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  1. MidwestLandlord

    A Note for People Seriously Struggling

    You seem to like odds, probability, and statistics...so I'll chime in here.

    The latest research shows that business partnerships have a 70% failure rate.
    Compare that to the overall business failure rate (which includes partnerships), of 50% in 5 years and 70% in 10 years...and you have the exact same probability of success. Wasn't Amazon started by one person? Ebay? IBM? E*Trade? GoDaddy? Dell? EDS? Wrigley?

    THIS is exactly why you are hearing so much about mindset. There literally are no "rules" to entrepreneurship other than the law and your own personal code of conduct.

    Here's my mindset about statistics: 7 out of 10 businesses fail? I DON'T CARE.
    Posted By
    MidwestLandlord
    Date
    Jun 8, 2018
    Likes
    37
    [Read More]
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