Reported about 13 hours ago
Launching a business is a challenging endeavor, with statistics showing that 20% of small businesses fail within the first two years and 65% within ten years. BKLYN LEAGUE founder Phaon Spurlock emphasizes the importance of knowing your audience, being flexible with perfection, and budgeting for unexpected costs. He encourages entrepreneurs to take action and launch their ideas, while also advising them to have contingency plans in case challenges arise. Overall, Spurlock's insights highlight the critical balance of planning and execution in entrepreneurship.
Source: YAHOO