Business Quote by Troy Carter
“It isn't that every company is going to be successful. The law of averages shows that 80% of companies are going to fail.”
About This Quote
Most ventures will not survive; statistical reality predicts a high failure rate among startups.
In simple terms: Startups face steep odds.
Key Takeaway
Expect failure as a norm.
Themes
risk
entrepreneurship
statistics
failure
business
Mood
cautious
realistic
Type
observation
warning
When to use this quote
- pitching to investors
- planning a startup
- evaluating business ideas
Key Concepts
probability
market dynamics
Practical Applications
- risk assessment
- resource allocation
Questions to Reflect On
- How can you mitigate the high failure probability?
- What indicators suggest a venture might defy the odds?
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)