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The Top 10 Reasons Startups Fail  

New research by the U.S. Bureau of Labor Statistics shows that nearly six in ten businesses shut down within the first four years of operation. While not as calamitous as the 90% failure rate often repeated as fact, the BLS statistics are sobering for anyone tempted to invest their time and personal savings in launching a startup. To avoid becoming a statistic yourself, I have assembled the top reasons so many new businesses fail.

http://www.squidoo.com/starup_failures
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First submitted on June 10, 2008 @ 04:22PM by gimmesome to Web and Uncategorized



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Associated Keywords: [1]bootstrapping[7], [1]business[2694], [1]entrepreneurship[44], [1]small business[632], [1]startups[17]


Associated Tags: bootstrapping[1], business[1], entrepreneurship[1], small business[1], startups[1]


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Voted on June 11, 2008 @ 11:55PM by mulberry


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Voted on June 10, 2008 @ 04:23PM by gimmesome


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