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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:
C. Denney [LION] - Interim COO | Chief Operations Officer | Operations Director at LTS International - It's hard to write something about Teo that doesn't sound "Over The Top". A link minded person that knows the in's and out's of the business on a high-end level without giving runaround answers. I would work with Teo again in a heartbeat!! - December 9, 2011, C. was a consultant or contractor to Teo at Net-Teams, Inc. |
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