Startup Business Success

Would You Experience Startup Business Success?

I think we have all heard the loose statistics that only 25% of people experience Startup Business Success.  At least that is the number that I have floating around in my head.

I have personal experience with this.  About 4 years ago I, along with my partner, started a business called Web864.  We put blood, sweat, and tears along with 80 hours a week into our startup.  After 1 year, we needed funding.  We found a buyer and sold our business for a nice profit, and were hired on as consultants.  I feel like it was a success, however, without a buyer or Investor, who knows?

How would you define Startup Business Success?

Interesting Startup Business Facts:

  • In 1999 50% of people experienced business startup success to only 25% in 2010
  • Restaurants and Retail stores only succeed 40% of the time within the first 5 years.
  • Your best chance for success statistically is in eCommerce.
  • Residential Construction has a projected growth of 63% from 2012 to 2017

 

I hope you enjoy the Infographic:

Staff.com presents What’s the change a startup business will fail - Infographic
Staff.com – Connecting Great Companies with Global Talent

By |2013-04-11T13:26:11+00:00April 11th, 2013|

About the Author:

Jason Fox - Real Estate MarketingBusiness: We build WordPress Real Estate Websites with IDXMe: #GoHawks, #BringBackTheSonics, #MaybeNextYearMariners, #ILoveMyKids #SeattleSunLover #SeattleWaterLover #BFFBlog: Focuses on Wordpress Websites, Content Management, SEO Services, SEM Campaigns, Social Media Marketing, Email Marketing, Beautiful Design, IDX, and more.

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