I don’t know. I’m not an expert on business failure.
But I do know that the success rate would be a lot higher if more startups generated more revenue sooner, and more profits.
The 3/4 failure rate, by the way, comes from a Harvard Business School study by Shikar Ghosh. Inc. Magazine reported the study.
Just a few days ago, I spoke to a group of startup founders at a conference in San Francisco.
If you’re interested in improving the odds of success with your own venture, here’s an audio of my talk at the conference (redone in a recording studio, nearly word-for-word):
Rather download an .mp3? Sure. Just click here.
Questions and comments are welcome, below.
And if you want to contact me about possibly working together, you can send me an email: firstname.lastname@example.org