Impeaching President Trump

[Teppler]

Originally Posted by feniin [You must be logged in to view images. Log in or Register.]

Why do 66% of businesses fail within 10 years?

Most don’t make it past the getting off the ground phase that lasts within the first few years.

However you seem woefully uneducated about statistics if you haven’t figured out that new businesses are a relatively small part of the overall population of businesses. There’s tons and tons of businesses that have been around 10-20-30-40-50-60-70-80-90-100+ years.

Do you also think humans under 10 years old make up most the population of humans too?

Let me see if I can explain this clearer in brainlet terms.

Overwhelmingly most businesses that exist in the US are not new businesses. These businesses are almost all profitable. Most new businesses are risky and do not make it longer term. However, even if most new businesses fall victim to failure, they don’t make up a large percentage of overall businesses in the US. Putting this all together, at any given moment, businesses on average are profitable and it’s not close. Bosses wouldn’t be paying people salaries if most businesses were losing money. We would be in the middle of the worst depression ever seen.