Nov 23, 2021
5 min read
What do successful startup founders have in common?
Data from the U.S. Bureau of Labor Statistics (BLS), shows that approximately 20% of new businesses fail during the first two years of being open, 45% during the first five years, and 65% during the first 10 years. Only 25% of new businesses make it to 15 years or more. These statistics haven’t changed much over time, and have been fairly consistent since the 1990s.
