Global statistics show that 80 out of 100 businesses fail within their first 5 years. Of those that survive, 80 percent, still fail within the subsequent 4 years. Out of those that remain after these 9 years, only 15 out of 100 make a significant profit; the remaining 85 percent just hang in there. That means if 100 businesses start today, in 9 years only 4 of them will be surviving; and of the 4, only 1 will be making a significant profit.
PS: This issue of alarming levels of economic hazards is one of the 5 common and completely avoidable problems you are likely to face in life, out of ignorance; you may click here to see the others.