Everyday in America, 1,100 new businesses are formed. But everyday in America, 1,100 businesses fail. There’s only a 20% chance that a company survives beyond three years.
Last year, venture capitalists invested in over 3,000 companies. But only 64 venture backed companies went public.
Entrepreneurs are 70% more likely to have a heart attack, twice as likely to get divorced, and three times more likely to go bankrupt. So, what kind of nut would start a business?