Previous Episode: Undersell - episode 215

Fail Quitting

True failure exists only when we stop trying. An entrepreneur never gives up. Therefore, their “failures” are only learning moments and steps toward growth. (Fail vs Quit is very different) Did you want to be a fireman or police officer while growing up? Maybe a doctor or a lawyer… Did you not become that because you failed or because you stopped trying?

So a simple google search had yield me several results and a somewhat poor consistency of information. I searched for what percentage of small businesses fail and then I searched what percentage of businesses succeed. I figured if I could look up some information from both attitude perspectives (negative as well as positive) I would be left with a set of numbers that explained this idea from two sides. I had no idea what I would really find. From, let’s say, more trusted names I pulled information and gathered it into two groups and I am left here laughing at the results. I don’t trust much of what I read online even if the source seems credible I am a little weary.

The reality is the information out there is all based on the worst restrictions and qualifications. Unemployment is only based on the last 3 months. If someone is unemployed for more than 3 months it is viewed as a deliberate choice and no longer qualifies for the “hard numbers”. It is the same story here. These sources are all speaking about different time frames as well as different scales of businesses.

Happy Shooting!

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