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Steve Burns says failure is the norm in U.S. business and trading. Fewer than 22% of new businesses survive their first year, about 50% fail by year five, and 6

BWB News TV • 2026-08-18 00:22 UTC • By Billy Odell Tucker-Robinson
Steve Burns says failure is the norm in U.S. business and trading. Fewer than 22% of new businesses survive their first year, about 50% fail by year five, and 6
Steve Burns says failure is the norm in U.S. business and trading. Fewer than 22% of new businesses survive their first year, about 50% fail by year five, and 65%-70% close over the long term, underscoring the value of disciplined risk control.
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