Every person fails at some point in their life. And, it’s undoubtedly one of the scariest parts of starting your own business.
Though, that concern is valid. After all, it’s long been reported that an astounding 90% of startups fail. Moreover, according to the U.S. Bureau of Labor Statistics (BLS), approximately 20% of new businesses fail during the first two years of being open. After five years, 45%, and after ten years, 65%.