- 80% of small businesses survive their first year.
- 70% of small businesses survive in their second year.
- 50% of small businesses survive after five years in business.
- 30% of small business owners survive in their 10th year in business.
What traits are of a successful business?
Are there some traits that these super successful businesses have in common and possibly something we can learn from to create our very own business empire?
The short answer.
Yes!
As a matter of fact, there are some surprising easy-to-follow traits of super-successful business startup entrepreneurs that we can easily learn and copy to create our very own success.
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How Many Small Businesses and Startups Survive 10 Years According to Statistics?
Building your own business is hard and according to Forbes and SmallBizTrends, most small businesses will not survive for 10 years.