Can't tell you how to succeed

Start @1:08:30

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.