About 10 million people start a business each year, and about one out of two will make it. The average entrepreneur is often on his or her third startup.
Entrepreneurship is a challenging journey with a high attrition rate, yet persistence often pays off. Many entrepreneurs endure multiple startups before achieving success, highlighting resilience and learning from experience. This quote underscores the importance of perseverance, adaptability, and continuous effort in the pursuit of building a sustainable business. It reminds aspiring entrepreneurs that setbacks are common, but they are often part of the path to eventual success. Embracing failure and using it as a learning opportunity can be crucial for long-term achievement in the competitive world of startups.