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by ricardobeat
5349 days ago
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the success rate of the average first-time start-up is so low that it makes playing the lottery look like a good investment People love lines like this, but a 20% chance is a million times better than any kind of lottery. Even here in Brazil, where it sucks to be a business owner, recent data shows that +50% of small business survive for over 2 years. |
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If it were then the odds would be substantially less. People start businesses at all points in their life, and the failures skew significantly towards inexperience.