But, sadly, statistics for the startup failure rate show that four years down the road, more than half of them will be gone. Let’s just put that statistic aside for a few minutes while we share more uplifting and encouraging statistics about startup businesses. There are businesses that make it past the critical four-year period, and the following facts and figures will show you how many make it and what you can do to increase your chance of success.
General Startup Statistics 2023
Surprising Statistics About Startups
Startup Statistics by Country Ranking
The State of Startups Statistics
Startup Success Rate Statistics
Startup Failure Rate Statistics
Effect of the COVID-19 Pandemic on Startups
Post-Pandemic Outlook
Startups Financial Stats, Facts, and Figures
Startup Funding Statistics
Startup Costs Statistics
Startup Founder Demographics and Diversity Statistics
Reason for starting
Gender
Education
Age
Ethnicity
Small Business Statistics for Startup Teams
Employees and Outsourcing Startup Jobs Statistics
Startups Industry Specific Statistics
Statistics for FinTech Startups
Construction Startup Statistics
Technology Startup Statistics
Real Estate Startup Statistics
The Future of Startup Statistics
What industry has the highest failure rate?
Construction companies represent the largest percentage of failed startups globally (20.2%) and the second-largest percentage of failed startups in the United States (13.7%).
What percentage of startups become unicorns?
A business only has a 0.00006% chance of becoming a unicorn. Plus, it takes an average of seven years for nascent startups to grow into unicorns.
How long does the average startup last?
The average startup lasts three to five years before it goes under or another company acquires it for its valuable assets, including intellectual property.
What percentage of startups are IPO?
Around 90% of startup companies funded will not make it to the initial public offering (IPO).
Conclusion
The pandemic has led to some setbacks, but entrepreneurship and its spirit are still alive and very much present worldwide. The world economy is starting to open up, and more people are becoming optimistic about taking the plunge and hoping they’ll be able to make a success of their startup. The startup statistics we’ve shared should fuel your enthusiasm rather than put you off, and help you adjust to the trends, but at the same time be efficient and sustainable. We scoured the internet for the most appropriate, helpful, and inspiring startup statistics and would like to share the credit with the following:
EMBroker FindStack TechJury Fortunly First Site Guide Statista FinancesOnline Forbes WebsiteBuilder Small Business Trends Smallbusiness.chron
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