Leadership skills for new businesses

    It doesn’t matter whether you are a Main Street startup or a company with ambitions to raise venture capital, the crucial leadership skills are the same. While there are a number of small businesses in a broad range of industries that perform well and are continuously profitable, 20% of small businesses fail in the first year, 50% go belly up after five years, and only 33% make it to 10 years or longer, according to the Small Business Administration. For businesses financed with venture capital...

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