There are currently 582 million entrepreneurs
in the world. And approximately 543,000 new
businesses are started each month. Unfortunately,
only half of those businesses will survive
five years, and more than 22% do not make
it beyond one year. The main reason that businesses
fail is due to cash flow problems.
However, the rewards for a successful entrepreneur
can be limitless. While the average work week
for an entrepreneur is 66 hours, nearly every
entrepreneur will tell you that a longer work
week for themselves, is much more preferred
over working 40 hours for someone else.
Many entrepreneurs say that having more freedom
is their main driver, but being an entrepreneur
can also be very profitable. In the United
States alone, 62% of the country's billionaires,
are self-made.
Are you driven by the idea of starting a new
business? With the power of the internet,
there has never been a better time in history,
to make it a reality.
