What is the probability of success in starting your own business

When we saw the experience of this boss's entrepreneurial failure, we were not very touched, because history is constantly repeated, and his failure today will be followed by countless people in the future.

Let's start with him.

After graduating from junior high school, I went to class for a few years, got married and had children, and my life became more and more difficult. I have never done business, and after reading Li Zhou's previous articles, I feel that the success rate of entrepreneurship will be greater than that of other people around me.

I have always longed to be a business boss, and I don't want to repeat my parents' old path and work in a factory for a lifetime.

Due to some changes in the family, it was inconvenient to work outside all the time, so I started a catering business. Selling hot pot next to a school, business has been tepid.

After thinking about it for a long time, I decided to join. The money has not been earned, and nearly 10,000 yuan of franchise fees have been paid. The management methods, catering technology, and purchase process are all handed over to him.

What I never expected was that from the opening to the transfer, a total loss of more than 80,000 yuan, all kinds of tossing and turning halfway, did not make money, and lost a lot of transfer fees and decoration.

Now I'm ready to find a new façade to do, I don't want to do student business, and there is basically no one after the student vacation, so I can't stand it.

There is no specific percentage probability Everyone is different Cognition is different Of course the probability of success is different The most important thing is to recognize your own strengths and weaknesses.

The success rate of entrepreneurship refers to the probability that an entrepreneur will eventually succeed in the process of starting a business. However, the success rate of entrepreneurship is a complex issue that is affected by a variety of factors, making it difficult to give an accurate number.

According to studies and statistics, the success rate of entrepreneurship is generally low. According to data from U.S. research institutes, about 50 percent of start-ups fail within the first five years of their business. In China, according to the China Entrepreneurs Association, the survival rate of start-ups is only about 20% within three years.

There are many reasons for the low success rate of starting a business. First of all, the risks and challenges faced in the process of entrepreneurship are very large, including market competition, financial pressure, talent recruitment, etc. Secondly, the experience and ability of the entrepreneur will also affect the success rate of the startup, and the lack of relevant experience and skills may increase the risk of failure.

In addition, changes and uncertainties in the market environment will also have an impact on the success rate of starting a business.

However, despite the low success rate of entrepreneurship, it does not mean that entrepreneurship is an option that is not worth pursuing. Entrepreneurship can lead to innovation, employment opportunities, and economic growth, with a positive impact on both individuals and society. In addition, entrepreneurs can reduce the risk of failure and increase their chances of success by learning and improving their abilities.

In conclusion, the success rate of entrepreneurship is a complex issue that is affected by a variety of factors. Despite the low success rate of entrepreneurship, entrepreneurship is still a valuable option that can lead to personal and social development and advancement. Entrepreneurs can increase their chances of success by learning and improving their abilities.