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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:
Courtney Stone - Market Developer at Optanium - I launched a new business part time and was looking for some ideas on how to make it easy to manage from home. I found Teo at eWorkshopCourses.com and began learning about web marketing and realized there really is so much to learn, but it was all right there! I like his GET UNSTUCK message for the site. I was stuck, and Teo got me unstuck fairly quickly! - March 15, 2012, Courtney was Teo's client |
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