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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:
 Jacqueline Riech - Desk Clerk at Data Systems - I am flying out to DC next month for one of Teo's seminars. Great stuff online, but I really want to meet him... nobody has done more for my business and I can't imagine anyone really helping they way he does. Just straight to the point information, and none of the fluff! I think he should be a life coach! - March 17, 2012, Jacqueline was Teo's client |
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