I believe that over 80% of all businesses started in the US never make it past their 3rd year in business. Now, I have no idea why the failure rate is so high. I am sure it is many different reasons and factors that play into each failure. For one it may be that they were under capitolized, or maybe lack of advertising, maybe a bad location, or maybe just a bad product or service. Who knows.
Wouldn’t it be nice if everyone business succeeded? Wouldn’t it be comforting to know that if you decided to start a business today, that you would succeed and that everyone else that started a business would succeed? How prosperous would our world as we know it be? There would be no risk involved because your chances of succeeding are 100%! As nice as this may seem, it cannot happen and it must not happen.
It has to be this way. There has to be failure to offset success. To every action there is an equal and opposite reaction. Come on, we have all heard of this. To have joy, you must know and have experienced sadness. To feel good you have to have felt bad. Becoming an entrepreneur, succeeding at business and becoming successful is not an easy thing, otherwise, everyone would be doing it.
There is risk is starting a business. You could go out of business, you could lose your shirt, you could blow your life savings, or you could have no life and be married to your business. You could stay at your dead end job and have someone else run your life for you. On the other hand, you could strike it big, become wealthy, live your ultimate lifestyle, take charge and become the CEO of your life! Free enterprise is the only way to truly enjoy your life to the fullest. Leverage your time, increase your profits, and live your life. Risk is measured only by the way you view your own potential to accomplish the task at hand. Confidence is everything. You create your own risk by lack of confidence in yourself and in your business.
Here is a stat for you….90% of bussiness without a system fail. 90% of businesses with a system, succeed! I have succeeded in business due to the system that was already in place. I avoided a huge stumbling block by starting this business opportunity. Make it easier to succeed in business by starting a business that is already proven to work.
David Allred is the author and creator of CFW. David has been teaching entrepreneur minded people how to earn a full time income working from the comfort of home for nearly a decade.
Think about it. Never miss your kids’ events, set your own schedule, choose your own income and enjoy a lifestyle and income which most people only drool over!
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