Did you know that:

• History and statistics tell us that, on average, only 1 in 10 startups survives in the long term. In other words, most ventures fail
• According to Verne Harnish (1), author of “Scaling Up”, only 4% of all companies in the United States reach US $ 1 million in sales. In other words, the other 96% of companies never sell more than US $ 1 million
• According to Walker Deibel (2), author of “Buy then Build”:
  
  • 99% of ventures fail completely or never become significant, both financially and in terms of the impact they produce on society.
• Most entrepreneurs dream and bet to be the next Apple or Microsoft. Both companies started in their founder’s garage and grew into the global giants that they are today. But it is also true that the stories of Apple and Microsoft are not so common. How many Steve Jobs and Bill Gates are there in the world? Not many!
• You might think that these failures only happen to small startups and those that do not have enough capital, or that do not have a strong investor behind them. But the truth is that, according to Shikhar Ghosh, from Harvard Business School, 75% of the startups that have an Investment Fund behind them with hundreds of millions of dollars, also fail.