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Disadvantage: High Risk of FailureAs an entrepreneur, one should understand that there is a high risk of failure when starting a company. The U.S. Bureau of Labor Statistics found in a 2005 study that nearly 6 in 10 new businesses fail within the first 4 years of operation. [1] Success of companies in the consumer internet space is defined primarily by distribution. Chances are high that after building and releasing a product to the public, it does not receive the growth expected. The reason for failure may be because of a bad idea or bad execution, but the fact is that most startups are unsuccessful.
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