But I can tell you how to avoid failure
All you need to do is not fail for a while.
71% - # of business that fail by year 10 (across all businesses)
17% - Information Tech companies operating after 4 years
58% - Real Estate & Finance operation after 4 years
Why did these businesses die?
52+34 = 86% >> No experience in record keeping, planning, taxes, borrowing, living too high etc.
Basic know how to run business things.