It's hard to determine a statistically correct annual global total for new startups. They attribute these hardships to a lack of worldwide ability to keep adequate records of new businesses.

For the countries with proper ways of measurement, Global Entrepreneurship Monitor team receives the files. According to Director Dr Paul D. Reynolds of the Research Institute, each year they try roughly 150 million new startups. Of these, only 50 million will succeed in becoming a new business.

Read here.

Leave Your Comment(s)