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Newswise: Expert Available: Why do entrepreneurs fail? They choose the wrong idea.

Expert Available: Why do entrepreneurs fail? They choose the wrong idea.

Wake Forest University

The importance of having a sound business idea for a startup is essential, but identifying the ideas most likely to go from concept to venture is challenging. Statistics show that about 34% of startups fail within the first two years and 56% within the first four years. Most failures are due, in part, to the pursuit of ideas that are poorly selected and/or tested.

Channels: Entrepreneurship,

Released:
14-Feb-2019 4:05 PM EST
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