Starting a successful business is rare. This infographic states that only 1 in 12 succeed in starting a business that succeeds.
But why is that?
“At the core of any successful business are two things: a good product and a large market for that product.”
The largest issue arises when entrepreneurs create fantastic products without their target audience in mind.
You may come up with the most innovative product in years, but if the market isn’t ready for it, your business could fail.