Top 7 Reasons Why Most Entrepreneurs Fail to Build a Successful Startup

Top 7 Reasons Why Most Entrepreneurs Fail to Build a Successful Startup

The Small Business Administration (SBA) of the United States published a report in 2020 which claimed that startup failure rates are around 90%. 21.5% of startups fail in the first year, 30% in the second year, 50% in the fifth year, and 70% in their 10th year. With such a staggering number of failures, it’s