[ImprovedSilence]

Yup. But I'd like to see the numbers for second or third try entrepreneurs. of all types. If my first three goes tank it, but the fourth one makes it, OHBOYOHBOYOHBOY!. Then I've got a 75% fail rate, but I'm still a success. (insert inspirational "fall down seven times, stand up eight",I havent failed, I just found 99 ways that don't work" etc...)

[lusr]

Don't know why people are voting you down. I'd rather hit middle-age penniless but full of experience and no regret, than look back and say "Well, I sure managed to scrape by in life without taking any chances or attempting any of my dreams!" There are plenty of stories of people who didn't start successful business until their 40s but the net effect of the preceding 20/30 years gave them a massive boost (e.g. http://en.wikipedia.org/wiki/Duncan_Bannatyne).