Book Review
Author Lynda Sunshine West, whose new book The Fearless Entrepreneurs points out that entrepreneurship can be scary, says nothing is set in stone and you either make it or you don't. There's no guarantee. She points to data from the Bureau of Labor Statistics which shows that approximately 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% of new businesses make it to 15 years or more. With those odds, why do people even start a business? The odds are stacked against you right from the beginning.
Read more