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Why do 90% of Online Businesses in South Africa Fail?
It is estimated that over 90% of new online businesses fail within the first year of existence. Interestingly enough, the same can be said for the restaurant industry, as only 10% of new restaurants experience success. With such negative odds it seems that many are taking a foolish gamble for a shot at success. Yet, there are certain individuals who are able to launch successful restaurants and online businesses time and time again with amazing success rates.
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LinkedIn Recommendation:
Maggie Steck - Associate Broker at Georgia Elite Realty - Teo is a highly reputable, very ingenious information architect and marketing expert. We are currently working together to help bring the latest technology for creating leads, prospects and customers to small, medium and large businesses. I highly recommend Teo for anyone that may need advertising, website design or custom web applications. - January 15, 2011, Maggie was with another company when working with Teo at Net-Teams, Inc. |
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