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29 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

The company that employed us began putting profits above people and new sales above client retention. It was becoming a business model destined to fail. They recognize the average lifespan of a client is 3-6 months, so they implement a strong sales team to consistently search for new clients. Photo Credit: Mikko Honkanen.

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The Venture Capital Secret: 3 Out of 4 Start-Ups Fail

online.wsj.com

Overall, nonventure-backed companies fail more often than venture-backed companies in the first four years of existence, typically because they dont have the capital to keep going if the business model doesnt work, Harvards Mr. Ghosh says. Find opportunities in our business and franchise databases. Businesses For Sale |.