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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: Felice Amon - SEO Account Manager at Gadgetron - I have been watching Teo's business grow over these last few years and am amazed at how he keeps coming up with new applications and marketing. I really don't know how he can do all this! But, I finally hire him to do some Google marketing for my company, and we were on the first page of Google in less than a week. I am amazed. I am now working with him regularly and don't see that changing! Great work! - March 15, 2012, Felice was Teo's client

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