Posted: July 11, 2016 by Robert Craven
We know that only 10% of small businesses actually make it to year five, so it could be reasonable to suggest that anything greater than 1:10 (10%) odds would be better than you get from starting a business. Just 10%.
So, is a 10% gamble worth it?
To put all it in perspective, here are the odds of casino gambling:
Here are some conclusions (if you are in any way rational).
Do not gamble at small business unless… Unless what?