{"version":"1.0","provider_name":"Finstock Evarsity Resources","provider_url":"https:\/\/finstockevarsity.com\/resources","author_name":"John Kimani","author_url":"https:\/\/finstockevarsity.com\/resources\/author\/john\/","title":"6 Reasons Why People Fail in Business - Finstock Evarsity Resources","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"A9j7AvvA76\"><a href=\"https:\/\/finstockevarsity.com\/resources\/6-reasons-why-people-fail-in-business\/\">6 Reasons Why People Fail in Business<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/finstockevarsity.com\/resources\/6-reasons-why-people-fail-in-business\/embed\/#?secret=A9j7AvvA76\" width=\"600\" height=\"338\" title=\"&#8220;6 Reasons Why People Fail in Business&#8221; &#8212; Finstock Evarsity Resources\" data-secret=\"A9j7AvvA76\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/finstockevarsity.com\/resources\/wp-includes\/js\/wp-embed.min.js\n<\/script>\n","thumbnail_url":"https:\/\/finstockevarsity.com\/resources\/wp-content\/uploads\/2022\/11\/Reasons-Why-People-Fail-in-Business.png","thumbnail_width":1000,"thumbnail_height":650,"description":"It is often said that more than half of new businesses fail during the first year. Data from the Bureau of Labor Statistics, (2015) shows that approximately 20% of new businesses fail during the first two years of being open, 45% during the first five years, and 65% during the first 10 years. Only 25% of new businesses make it to 15 years or more. These statistics have not changed much over time, and have been fairly consistent since the 1990s. Though the odds are better than the commonly held belief, there are still many businesses that are closing down every year. With the right planning, funding, and flexibility, businesses have a better chance of succeeding."}