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73.6% of all Statistics are Made Up

Both Sides of the Table

Often when they do I throw out my favorite statistic: 73.6% of all statistics are made up. I’m writing this post to make sure you’re all on that same playing field. Here are some examples: - You ask a small sample set so that data isn’t statistically significant. I say it deadpanned.

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6 Keys To Implementation With New Business Passions

Startup Professionals Musings

Many aspiring entrepreneurs I mentor can talk at length about their innovative ideas and passions, and ask lots of good questions, but never make much progress in building a real business. Writing something down is the first step toward moving forward and making it real. The best entrepreneurs finish something every day.

Writing 92
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6 Steps For Advancing New Venture Ideas Into Results

Startup Professionals Musings

Many aspiring entrepreneurs I mentor can talk at length about their innovative ideas and passions, and ask lots of good questions, but never make much progress in building a real business. Writing something down is the first step toward moving forward and making it real. The best entrepreneurs finish something every day.

Ideas 121
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10 Top Reasons For First-time Entrepreneur Failure

Startup Professionals Musings

Based on my experience as a mentor and an entrepreneur, if you fail on your first startup, you are about average. Every young entrepreneur knows implicitly that startup success is a long hard road. Statistics show that the failure rate for new startups within the first 5 years is as high as 50 percent. Execution skills are weak.

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6 Steps To Success In Your Entrepreneurial Goals

Startup Professionals Musings

Too many aspiring entrepreneurs I mentor can talk at length about their innovative ideas and passions, and ask lots of good questions, but never make much progress in building a real business. Writing something down is the first step toward moving forward and making it real. The best entrepreneurs finish something every day.

Writing 100
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Entrepreneurship: Nature vs. Nurture? A Religious Debate

Both Sides of the Table

In my bones I’m convinced that entrepreneurs are more nature than nurture although I know both are involved. I wasn’t going to write about it since he had just covered the topic and echoed my point of view. I have recently written extensively on what I believe the 12 characteristics of an entrepreneur are.

Startup 289
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10 Common Startup Flaws Leading To An Early Demise

Startup Professionals Musings

Based on my experience as a mentor and an entrepreneur, if you fail on your first startup, you are about average. Every young entrepreneur knows implicitly that startup success is a long hard road. Statistics show that the failure rate for new startups within the first 5 years is higher than 50 percent. No intellectual property.

Startup 100