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by dedward
5619 days ago
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No... not if you are implying this because of a 95% failure rate, your odds improve with each attempt. Statistics have no memory. You are statistically part of the same group every time. You don't increase your chances of flipping a "heads" on a fair die by flipping tails first. The odds stay at 50%. That's not to say that multiple attempts at starting profitable businesses won't teach you things, and increase your chances of success, your chances of picking the right strategy out of the gate, etc - but there is no simple "Hey if you list yourself as "entrepreneur" and keep trying, you'll end up rich.". Many people just end up wildly in debt and failure. |
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