According to data from the U.S. Bureau of Labor Statistics, about 20% of U.S. small businesses fail within the first year. By the end of their fifth year, roughly 50% have faltered. After 10 years, only around a third of businesses have survived.

This failure rate remains consistent despite environmental or political factors. Here are the six most common reasons startups fail.

https://youtu.be/cYJ_61xulGY