Understanding Failure Drives Success

Installment 10 in a 10-Part Series It’s irritating when the little notice pops up on the computer advising us an unexpected failure has occurred. Our system crashes and we have to restart. Of course, that’s a minor nuisance compared to the “unexpected errors” that sink businesses. The Bureau of Labor Statistics tracks #smallbusiness failures. Here’s their latest: 20 percent fail in year one, 30 percent in year two, 50 percent fail after five years. Only 30 percent survive