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That 95 per cent. fail of those who start in business upon…

“That 95 per cent. fail of those who start in business upon their own account seems incredible, and yet such are said to be the statistics upon the subject.” quote by Andrew Carnegie
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“That 95 per cent. fail of those who start in business upon their own account seems incredible, and yet such are said to be the statistics upon the subject.”

Andrew Carnegie

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Most self‑started entrepreneurs fail, yet the statistic is often cited as inevitable.

In simple terms: Business startups often fail; stats are accepted.

Key Takeaway

Learn from failures, improve strategies.

Themes

entrepreneurship failure statistics

Mood

analytical inquisitive

Type

economic motivational

When to use this quote

  • startup planning
  • investment
  • career counseling
  • policy making

Key Concepts

risk resilience economic mobility

Questions to Reflect On

  • Why do we accept high failure rates?
  • How can support systems reduce startup failures?
A Different Perspective

Failure rates vary by industry and support.

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