Approximately 20% of new businesses fail within the first year, 45% during the first five years, and 65% within the first ten years in the U.S.

While those numbers sound frightening, it's very hard to stay in "a specific sector" for more than 5-10 years... Not just because of running your business badly, but also because some sectors aren't out there anymore! I suppose the right way to do it is to change businesses once in a while, making them more challenging and motivating, plus, developing new ideas and investing in new sectors/niches...

Personally, when I was younger I was running multiple businesses...I'm getting older, and if I start a new business, I'm aware that most of my profits would go to taxes, banks, and corrupted politicians than in my pocket...

It's a wild west outside, but there are good ideas and I would never change the entrepreneur way of living and working for any 9-to-5 job!

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