- 90% of start ups fail within 5 years. The most common reasons cited are cash flow, market product fit and operational challenges.
- Worse than failing before 5 years might be staying in business far longer through self funding. I have made that error before. And see others do so too.
- It is estimated that 5 to 6 million businesses are started a year in the US.
Personal Finance
The family AMEX is on pace for a rationale month. Slightly better control over spending