How to build a business with 98% chance of success

We all heard bad things when you want to start a business.
It is said that 80% of new business close in first year. And from the 20% that survive, 80% of them will close in four years.
So in 5 years, there are only 4 % of these companies survived.

So how do we make our chances bigger than the average crowd?

A millionaire, that he had built hundred companies and close many of them, told a story.
He said, if he builds company alone without any experience, the chance of survival is only 15 to 20 %.
If he work with another millionaire that don’t have any knowledge or experience too, the chance of failure is greater than its success, even tough the business looks very profitable and promising.
If we work, he said, with a foreign company in new business, the chance is 50-50.
But if we work with an experience foreign company, the chances are 70 to 80%.
If we work with the world best company in their field, our chance of success become 95 to 98%.

Wow…

And the easiest way to work with this company is through franchising.

That why it is important to buy franchise that is the leader in their field. A business that already strives more than 5 years, and have lots success stories from their partner.

If you can not afford the best in the world, try to look from the best in America, or Australia, or Japan, or China, or in your own home town.


May you find your success, a great success…

Have a happy life. ^_^