Why do entrepreneurs succeed?
To know why a startup is successful you need to look at why they often fail. In the UK around 20% of start-up businesses fail in the first year, and 60% within three years. Those are hard facts to read if you are an entrepreneur.
35% of startups in the UK fail because the market does not want or need their product. That tells us something fundamental; over a third of “failed” entrepreneurs could have saved themselves heartache if they had known how to research their market or discovered something the market did want.
Find out more about why startups fail and how LDA can help entrepreneurs avoid becoming a statistic.Learn More