One of the biggest challenges faced by business owners is facing failure. When you’re on the right path to business ownership the last thing that you want to do is lose that. You have to choose to fail to learn in some cases, but you can easily get yourself caught in the belief that a new business requires a LOT of funding, a youthful expression and a carefree attitude.
It’s a myth, and yet it’s something that most people consider to be a must when owning and running a business. The number of startups that fail in their first year is high, so that doesn’t really help! You need to know the statistics to be sure that your startup isn’t going to instantly flop out. So, we’ve got a Lendio list for you in an infographic below:
Infographic Design By Lendio