Why Are There So Many Internet Startups Failing Today? In the real world of brick and mortar business, every day millions of people are dragging themselves from their comfortable beds, performing their morning rituals of washing and breakfast to head to their jobs. In their daily grind some are thinking that there must be a
Why Are There So Many Internet Startups Failing Today?
In the real world of brick and mortar business, every day millions of people are dragging themselves from their comfortable beds, performing their morning rituals of washing and breakfast to head to their jobs. In their daily grind some are thinking that there must be a better and easier way to make a living.
All these millions know someone or know of someone who has “made it” by quitting their boring existence and become their own boss using their own computers in the comfort and ease of home.
While the idea of working from home sounds like an ideal solution, most are just not preparing. Many of these unhappy people will just quit their jobs and jump right into the first internet marketing business they find with no preparation, no knowledge of what they are doing, no education, and no hope of success. Failure is their only option and they are not even aware of it.
According to many sources, more than 90% (Ninety percent) of all Internet business start-ups end in failure within the first 120 (one hundred twenty) days. And that number is all too accurate: NINETY PERCENT!
This alarming failure rate goes unheeded for a number of reasons:
1. Many don’t know the statistical probabilities they face.
2. Many don’t see themselves as being part of the failures or they wouldn’t leap.
3. Many are talked into things they are unprepared for.
4. Many don’t know the basic tenant of – “If you fail to plan, then you plan to fail.”
Of course, success is still a possibility. There IS that other 10% (ten percent) that do succeed. For them, success doesn’t happen by accident. And success isn’t just a crap shoot. Success happens because of some very important factors.
Success happens because people learn about internet marketing and how it works. They do not expect to get rich quick or be able to make a killing overnight and retire to a tropical isle.
It is strange but somehow the same people, who wouldn’t dream of starting a real world business, think they can make a go of an internet business even though they have no business background.