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How to become rich by creating your own busniess: And avoid filing for bankruptcy

1/14/2015

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A study by the INSEE 40% of busniesses do not survive the third year. This leaves much scope for success and get rich by becoming an entrepreneur since the other hand 60% of newly created companies live beyond the third year of operation.

The main reasons for failures to become rich by creating its busniess are:

The lack of experience in the field covered

The funding shortfall

We do not fail to remember in our other articles dedicated to the busniess plan, the importance of these two parameters critical to the success of a busniess venture.

Since we must always find a scapegoat, the heads of failed busniess will not have difficulty to put the blame on the administrative and management constraints to justify their bankruptcy.

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