Entrepreneurship has always been the engine running the growth of our economy. Small businesses are launched every day to varying levels of success. Internet based businesses comprise a large part of this trend. Due to low entry barriers, aspiring entrepreneurs have been looking to the internet to experience their dream of working for themselves; but many are falling short.
Statistically, 4 out of every 5 businesses fail within 18 months. There is some debate regarding these numbers and what 'failing' really means. The hard truth is that most that don't fail or go bankrupt are merely paying their bills; aka staying afloat. This article is not intended to strike fear or dissuade you from starting your own business and being financially independent. On the contrary, it's to encourage you to consider a few factors that can help you succeed.
Statistically, 4 out of every 5 businesses fail within 18 months. There is some debate regarding these numbers and what 'failing' really means. The hard truth is that most that don't fail or go bankrupt are merely paying their bills; aka staying afloat. This article is not intended to strike fear or dissuade you from starting your own business and being financially independent. On the contrary, it's to encourage you to consider a few factors that can help you succeed.








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