It’s a reality all entrepreneurs must come to terms with: the potential for failure.
Over 51% of businesses will fail in their first five years (U.S. Census data), and even 25–30% of venture-backed businesses fail.)
But how can you reduce the risk for your next startup?
It is said that when you know what your problem is or where your problem is coming from, then that problem is half-solved.
Image credit: Presitely/Lance Surety Bonds
SOURCE: MEDIUM
Originally published on Inc.com
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